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PGP Acquires Capitol Crossing Fee Interest
Capitol Crossing has taken a major step forward.
WWW.GLOBEST.COM

PGP Acquires Fee Interest For $1.3B Capitol Crossing Project
Company Says First Office Building to Begin Construction In 2013.
WWW.COSTAR.COM

PGP Acquires Air Rights for Capitol Crossing
Property Group Partners has acquired the air rights above a three-block long recessed portion of the Center Leg Freeway from the District.
WWW.BIZJOURNALS.COM

Property Group Partners Sells Premier SoHo Office Building,
148 Lafayette Street, for $126M
Property Group Partners has sold a renovated SoHo office building at 148 Lafayette Street in New York City.
WWW.REW-ONLINE.COM

Interstate 395 Air Rights Project Now Capitol Crossing
The Interstate 395 air rights project, briefly known as "Return to L'Enfant," is now "Capitol Crossing."
WWW.BIZJOURNALS.COM

Louis Dreyfus Property Group becomes
Property Group Partners
Effective today, the former United States commercial real estate arm of global conglomerate Louis Dreyfus Group has transitioned to management ownership and been renamed Property Group Partners.
PGP.us.com

Interstate 395 Project Secures Equity Investment
The developer of D.C.’s $1.3 billion Center Leg Freeway project said he has lined up an equity investor to finance a “significant” percentage of the planned three-block deck that will top the highway.
www.bizjournals.com

Property Group Partners and Washington Reach Agreement
The District’s Center Leg Freeway, the scooped-out limb of Interstate 395 that splits downtown D.C., could be decked over as soon as 2013 and built out three years later with swift movement on permits, environmental studies and land acquisition, the developer and District leaders say.
www.bizjournals.com

Union Station Lures a Kaiser Unit
Kaiser is leasing close to half of an approximately 507,000-square-foot building developed by Property Group Partners, the real-estate arm of French Louis Dreyfus SAS, and Fisher Brothers of New York. The developer also signed an earlier lease with the American Chemistry Council to occupy about 90,000 square feet.
online.wsj.com

801 Seventeenth Street Achieves LEED Platinum
Property Group Partners’s 801 Seventeenth Street NW is officially the first ground-up office building in D.C. to win a platinum rating by the U.S. Green Building Council. It is the first such building to get the highest Leadership in Energy and Environmental Design designation in D.C., according to the USGBC. It received the rating under the council’s core and shell 2.0 system.
www.WASHINGTONBUSINESS.com

Kaiser Permanente at 700 Second Street
Property Group Partners is the owner and developer of the 5.5-acre site at Second and F Streets NE. Designed by Kevin Roche, Station Place will consist of three, 10-story buildings, offering direct acces to Union Station and views of the Capitol. The first phase is expected to be ready for occupancy by the SEC in 2004. Cushman & Wakefield handled the negotiations for the record-setting SEC lease and is the exclusive leasing agent for the remaining 880,000 square feet.
www.WASHINGTONBUSINESS.com

Property Group Partners Grabs Gold
Two new office buildings in D.C. are officially gold LEED. 1101 New York Ave. NW, developed by Property Group Partners, achieved a gold rating from the U.S. Green Building Council’s Leadership in Energy and Environmental Design program for sustainable core and shell construction.
www.WASHINGTONBUSINESS.com