“RMR Completes Conversion of DC Office”

"RMR Completes Conversion of DC Office"

The RMR Group, in collaboration with Office Properties Income Trust (Nasdaq: OPI), has successfully redeveloped 20 Massachusetts Avenue NW (20 Mass) in Washington, D.C. The project was recognized by NAIOP DC|MD with the Best Renovation award.

This mixed-use property now boasts 13,800 square feet of retail space and a luxurious Royal Sonesta hotel with 274 rooms. Additionally, it offers 183,000 square feet of office space and a stunning penthouse amenity area spanning over 14,500 square feet that provides breathtaking views of the Capitol.

Managed by The RMR Group and leased exclusively for offices by CBRE while JLL handles retail leasing duties at this LEED Gold and WELL certified property. Currently occupied at a rate of 54% is Sonesta International Hotels Corporation. With its sustainable features and advanced technology components incorporated into its design, this redevelopment sets new standards for modern properties in Washington D.C.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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