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Madison Marquette Completes Headquarters Relocation to The Wharf

| Commercial Real Estate News, Development, Office| Views: 15

By Andrei Login

Washington, D.C.-based real estate services firm Madison Marquette has completed its headquarters relocation to 1000 Maine at The Wharf, in Southwest Washington, D.C. The move comes on the heels of Madison Marquette’s merger with PMRG, a real estate firm specializing in project leasing, property management, investment management and development services.

The Wharf - 1000 Maine, 1000 Maine Avenue SW, Washington, DC

The Wharf – 1000 Maine, 1000 Maine Avenue SW, Washington, DC (Yardi Matrix)

The Waterfront Washington office building encompasses 248,000 square feet of Class A office space, spread across 11 stories, with flexible floor plates, 10-foot high ceilings, and floor-to-ceiling windows offering modern and efficient work space to both existing and prospective tenants. Moreover, the trophy property includes a high-ceiling lobby, a three-story atrium, a fitness facility overlooking the water, and a 10,000-square-foot rooftop conference center and patio space, with views of the Potomac River. Minutes away from the Green Line and the L’Enfant Plaza, served by the Green, Yellow, Blue, Orange and Silver Metro lines, the property is highly accessible.

1000 Maine is part of phase one of The Wharf—a $2 billion, mixed-use, multi-phase project that is poised to revitalize the city’s underdeveloped Southwest waterfront. Co-developed by Madison Marquette and PN Hoffman, phase one is located just blocks south of the National Mall, and also includes a concert hall, three hotels, two multifamily and condominium buildings, as well as 210,000 square feet of restaurants, retail and entertainment space.

Amer Hammour, chairman of Madison Marquette and PMRG, stated “this milestone move is especially meaningful to all of us at Madison Marquette. This relocation offers us a unique opportunity to experience being a tenant at one of our premiere mixed-use projects.” Madison Marquette occupies 26,000 square feet in the building, and shares the roster with tenants including healthcare data company Socially Determined, the new Washington Gas headquarters, global IP law firm Fish and Richardson, and the law offices of Michael Best and Friedrich LLP.

The recently-merged companies are now working on phase two of The Wharf, together with PN Hoffman. Completion is scheduled for 2022.

 

 

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