Trammell Crow Company, one of the nation’s leading developers and investors in commercial release estate, announces that its MidAtlantic Business Unit has been awarded the 2017 Dealmaking Award by Commercial Real Estate Women (CREW)’s DC Chapter for the firm’s 473,000-square-foot long-term lease with the Federal Communications Commission (FCC) at Sentinel Square III located at 45 L Street, NE in Washington, DC. The FCC will occupy a portion of floors 1-2 and the entirety of floors 3-10 of the building by October 2020.
“Our entire team is thrilled to receive this honor from CREW DC,” said Thomas Finan, a Managing Director in Trammell Crow Company’s MidAtlantic office. “I am honored to have worked with all of the many talented women that helped us achieve this award, including CREW members Melissa Cocci of Tenenbaum & Saas, Linda Rabbitt of Rand Construction Company, Price Riggs of CBRE and my colleague at TCC, Heather Seich Spence.”
Sentinel Square III is the third phase of part of the partnership’s 1.3-million-square-foot, multi-phase, Class A office development located in the heart of Washington, DC’s popular NoMa submarket. The building, which is comprised of 540,000 square feet, is designed to meet ISC Level IV security protocols and will pursue LEED® Silver.
Kevin Terry of US General Services Administration and Henry Chapman, Sara Dunstan, Richard Downey and Sarah Maxwell of CBRE represented the tenant in the transaction. Other team members include SmithGroupJJR, Clark Construction Group, Thornton Tomasetti/Weidlinger Protectice Design Practice, Cardno and Wiles Mensch Corporation.
Sentinel Square III is part of Trammell Crow Company’s “highly secure, environmentally friendly, efficient and affordable” office development program, which includes Patriots Plaza and National Square in Washington DC, as well as various build-to-suits nationwide.
Trammell Crow Company recently completed the sale of the project site to MetLife Investment Management, in partnership with an institutional investor and new ownership has retained TCC to provide development and leasing services.
About the Dealmaking Award
Best Real Estate Transaction is awarded to the team of professionals who worked together on a transaction that demonstrated excellence, resourcefulness, collaboration and industry best practices. The team may include landlord broker/agent, tenant broker/agent, seller broker/agent, buyer broker/agent, bank officer, mortgage banker, in-house professionals or other professionals, including attorneys, accountants, valuation and title experts, etc.
Abaut CREW DC
Founded in 1979, CREW DC promotes professional opportunities and business relationships for women in the commercial real estate industry. CREW DC, with approximately 540 members, is one of the largest chapters in North America. CREW Network is the national association for women in commercial real estate and represents over 10,000 women in commercial real estate in chapters across more than 70 major markets in the United States and Canada. For more information, visit the CREW DC website at www.crewdc.org, and follow CREW DC on Twitter @crewwashdc and on Facebook at www.facebook.com/crewdc.org/.
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired more than 2,600 buildings valued at more than $60 billion and over 565 million square feet. As of June 30, 2017, TCC had $5.9 billion of projects in process and $5.9 billion in its pipeline.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 16 major cities throughout the United States. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential and mixed use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet its clients’ needs. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development or providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2016 revenue). For more information visit www.TrammellCrow.com.