DTZ, a global leader in commercial real estate services, today announced that Farmers Restaurant Group has leased 12,000 square feet of space at 600 Massachusetts Avenue, NW Washington, DC for its newest restaurant, Farmers & Distillers. The new concept restaurant will join others in the portfolio including Founding Farmers and Farmers Fishers Bakers. John Asadoorian of Asadoorian Retail Solutions represented the building’s co-owners, Gould Property Company and Oxford Properties Group, in the transaction.
Farmers & Distillers will feature a concourse level and ground floor with a total of 300 seats.
600 Massachusetts Avenue is a 400,000 square foot building in the East End submarket of Washington, DC and features nearby restaurants, hotels, convenient public transportation, shopping, sports venues and museums. The building is dedicated to environmentally friendly practices and is designed to achieve LEED Platinum with the U.S. Green Building Council. The building will feature Class-A office space, a two-story glass atrium in the lobby with stone flooring, and a four-story atrium from the second floor ascending to the fifth floor. The primary roof will incorporate green spaces with planters and heavy vegetation, and offer views of the Capitol and the Washington Monument. For more information please visit www.600massachusettsavenue.com.
“We are delighted to welcome Farmers & Distillers to 600 Mass Ave, which will be a great contribution to our building and neighborhood,” said Kingdon Gould,III of Gould Property Company. “We are looking forward to a very long-term relationship with this fantastic restaurant group.”
Vice Chairman Phillip S. Thomas, Jr., Managing Director Kerri Mulligan Salih and Associate Callie Clemons of DTZ provide Project Office Leasing services in representation of the building’s co-owners, Gould Property Company and Oxford Properties Group.
600 Mass has 127,000 SF of space currently available with other pre-leases in the works. The building delivers third quarter 2016 with the restaurant opening that fall.
About Farmers Restaurant Group
Farmers Restaurant Group focuses on green practices in all locations, offering farm-inspired American true food and pre-prohibition style libations in a modern, casual farmhouse setting. Reporting to & partnering directly with North Dakota Farmers Union, the first Founding Farmers opened in DC in 2008 with LEED Gold Certification. Shortly after, MoCo’s Founding Farmers opened in 2011 with LEED Silver Certification. In 2012 Farmers Fishers Bakers, a sister concept located in Georgetown opened with LEED Silver Certification and a tiki-inspired bar program. Most recently, Founding Farmers Tysons opened in February 2015, which is awaiting LEED review.
About Asadoorian Retail Solutions
Asadoorian Retail Solutions is a regional retail brokerage firm specializing in the marketing and leasing of high-quality retail properties and the representation of best-of-class retailers and restaurants, throughout the Greater Washington, DC Metropolitan area.
About Gould Property Company
Since 1952, we have quietly built a diverse real estate portfolio, as well as one of the Washington, DC’s largest parking companies. Family owned and operated since inception, the firm’s success is founded on a traditional, detailed approach to first-class development, management and investment. Our longstanding relationships are paramount to the successes we have achieved. For more than half a century, we have delivered value to our tenants, residents, partners and the communities we serve.
About Oxford Properties Group
Oxford is the real estate arm of OMERS. Our team of 1,700 driven individuals takes a hands-on approach to investment, development and management of our global property portfolio.
Oxford is divided into three geographic regions: Canada, the US and Europe, each of which operates a vertically integrated platform. The executives who lead each region are all members of Oxford’s executive management team and its investment committee.
DTZ is a global leader in commercial real estate services providing occupiers, tenants and investors around the world with a full spectrum of property solutions. The company’s core capabilities include agency leasing, tenant representation, corporate and global occupier services, property management, facilities management, facility services, capital markets, investment and asset management, valuation, research, consulting, and project and development management. DTZ provides property management for 1.9 billion square feet, or 171 million square meters, and facilities management for 1.3 billion square feet, or 124 million square meters. The company completed $63 billion in transaction volume globally in 2014 on behalf of institutional, corporate, government and private clients. Headquartered in Chicago, DTZ has more than 28,000 employees who operate across more than 260 offices in 50 countries and represent the company’s culture of excellence, client advocacy, integrity and collaboration.
DTZ announced an agreement to merge with Cushman & Wakefield in a May 11 press release. The new company, which will operate under the Cushman & Wakefield brand, will have revenues over $5.5 billion, over 43,000 employees and will manage more than 4 billion square feet globally on behalf of institutional, corporate and private clients. The agreement is subject to customary closing conditions and is expected to close before the end of 2015. For further information, visit: www.dtz.com or follow us on Twitter @DTZ.
See the original Press Release here.