Introducing Washington, D.C.’s first hospitality-infused office property, an iconic Beaux Arts building reimagined by Marx Realty

AN ADDRESS WITH A RICH HISTORY AND A DYNAMIC FUTURE

A BUILDING OF FIRSTS. Premier in every way, The Herald is the very first office building in Washington, D.C. to: Offer a uniformed doorman greeting tenants and guests; Infuse hospitality elements throughout, from a concierge to a curated playlist to a signature scent; Offer exquisite design details such as French oak wood floors; Incorporate antimicrobial materials throughout the building with copper and bronze centered primarily.

The Herald is being transformed by Marx Realty, developer of NYC’s award-winning 10 Grand Central and 545 Madison Avenue, in collaboration with David Burns of Studios Architecture. The building brings together hotel-inspired design with historic elements to create something entirely new and exciting for D.C.

The Herald’s spaces are in a class of their own. The building offers D.C.’s highest ceiling heights, inspiring and expansive views, incredibly efficient floorplans, refined finishes, and bespoke amenities. Details such as copper, marble, fluted glass, antique mirrors, decorative and mood lighting are fused with surprising artistic touches and authentic gestures like curated music and Marx’s signature scent. 
  
The grandeur of the past is evident from the moment one arrives at the building. The façade, entry and ground floor provide a stunning experience, with an elegant harmony flowing between the city’s bustling street life and the building’s elevated privacy and exclusivity. The intimate foyer opens onto a majestic lobby featuring a sophisticated lounge and café, and just beyond, a large boardroom and modern fitness club. At every step, one is reminded of the building’s rich history, updated through the lens of today’s tastes.

bouvier club

PAYING HOMAGE TO THE HERALD’S ESTEEMED PAST AND EVERLASTING PRESTIGE
A SENSORY OFFICE EXPERIENCE

The Bouvier Club, located on The Herald’s ground floor, is a stylish, tenants’ only establishment that recalls the glamour of the building’s iconic past. Soaring 22’ ceilings set the stage for unique and sophisticated elements, such as a built-in fireplace, rich walnut bookshelves, a newspaper archive wall, elegantly comfortable furniture, fluted columns, and walnut paneled walls. A copper feature wall is reminiscent of a lithographic machine – a bow to the building’s past history as a printing press – while the café features a stunning Sahara Noir marble countertop and exquisite antique tiled mirror with copper details. A gallery wall dedicated to Jacqueline Kennedy Onassis, a former Washington-Herald  “Camera Girl,” is a playful nod to The Herald’s illustrious history.

https://marx-theheralddc.com/wp-content/uploads/2021/10/11_454-1.jpg
https://marx-theheralddc.com/wp-content/uploads/2021/10/13_400.jpg
https://marx-theheralddc.com/wp-content/uploads/2021/10/08_330.jpg

The boardroom features white oak flooring, a brass chandelier, walnut paneling and a 30 person table that can accommodate more seating at each perimeter.

https://marx-theheralddc.com/wp-content/uploads/2024/08/231024_TheHerald_Lobby_005.jpg
https://marx-theheralddc.com/wp-content/uploads/2024/08/04_169-A-scaled.jpg
https://marx-theheralddc.com/wp-content/uploads/2021/10/05_222.jpg

Elegant walnut lockers are full-height, suit-ready, for maximum convenience, while the graceful stony vanity has accented tiles, a grand backlit mirror and decorative lighting.

https://marx-theheralddc.com/wp-content/uploads/2021/10/06_265.jpg
https://marx-theheralddc.com/wp-content/uploads/2021/10/07_284.jpg

A novel interpretation of a vintage sports club, with oak chevron flooring, walnut accents, decorative lighting, commemorative displays of historic sports artifacts, as well as an eclectic mix of traditional and novel fitness equipment, including leather punching bag, vintage style rings and battle ropes, and stylized weights.

https://marx-theheralddc.com/wp-content/uploads/2024/08/231024_TheHerald_Gym_005.jpg
https://marx-theheralddc.com/wp-content/uploads/2024/08/231024_TheHerald_PreBuild_052-crop.jpg
heritage

A HISTORIC SITE FOR POLITICS, INTRIGUE, GLAMOUR, AND INFLUENCE

The Herald has a celebrated history. It was the site of intriguing 20th century Washington politics and newspaper wars, as well as the workplace of influential figures ranging from William Randolph Hearst and Cissy Patterson to Jackie O.

 

The building was erected in 1923 and purchased shortly thereafter by William Randolph Hearst as the site of The Washington Herald. In 1939, Hearst sold the newspaper to the 20th century’s first female editor-in-chief and publisher, Eleanor “Cissy” Patterson, who merged it with The Washington Times. She ran the paper from her magnificent office at 1307 New York Avenue. Under her progressive editorial eye, it became the most widely read daily in the capital, and Patterson was referred to as the most powerful woman in America at the time.

 

With its stellar reputation, the paper attracted top talent and aspiring journalists like a young Jacqueline Bouvier, who started her first job at the Washington Herald in 1951. As the “Inquiring Camera Girl,” Bouvier posed witty questions about local and current events to people on the street, and subsequently took their photos. She covered the first inauguration of President Eisenhower, the coronation of Queen Elizabeth II, and interviewed politicians including her future husband, John F. Kennedy, then senator from Massachusetts. As their romance blossomed, the entrance to The Herald became one of their regular meeting spots. Bouvier resigned from the paper in 1953, following her engagement to JFK. A year later, the Washington Herald was purchased by Philip Graham and merged with his other paper, The Washington Post.

Suite 9B

3,473 RSF

13’ ceiling

view floor plan

Suite 9C

3,179 RSF

13’ ceiling

view floor plan

FLOOR 8

13,999 RSF

13’ ceiling

view floor plan

explore virtually

FLOOR 3

14,046 RSF

14’5” ceiling

view floor plan

FLOOR 2

7,100 RSF

view floor plan

Tech Specs

With the ever-evolving nature of work in mind, Marx has instilled innovative health and wellness safety features into The Herald, channeled through the proprietary Marx Connect app software. The building design minimizes physical touchpoints and provides high levels of control and distancing, including touchless application-controlled elevators, UV ultraviolet purified-air ventilation, touch release hardware, a building doorman to greet tenants and visitors, and a touchless entry experience.

  • DEVELOPER:
    Marx Realty
  • ACCESS & SECURITY:
    Only office building in DC to be attended by a uniformed doorman. Tenants and visitors have touchless entry to the building and suites through the Marx Connect App
  • HVAC:
    DOAS System; State-of-the-art central chilled water plant and seasonal cooling tower; Individual air handlers service each floor; ConEd steam fed through perimeter radiators with thermostatic control
  • ELECTRIC:
    Individual electric closets located on each floor, provide 4 to 7 watts/SF
    Electrical Rooms on each floor
  • ELEVATORS:
    Three elevators service the property with elevator number. New elevator and cabs underway
  • HEALTH & WELLNES:
    Well Health Safety Rated. Use of antimicrobial materials throughout the building—copper and bronze. UV Lights in HVAC Ducts. Biothermal Screening. Wellness Survey though Marx Connect App
  • SUSTAINABILITY:
    LEED EB underway, Energy Star
  • IT INFRASTRUCTURE:
    Wired Score Certified (Gold underway)
  • DATA / TELECOM:
    Verizon, Spectrum, Lightower, Broadview

THE NEIGHBORHOOD

The Herald is ideally situated between the east and west ends of Washington, D.C. Just steps away from national monuments and leading hotels, the building’s tenants and visitors enjoy access to chic restaurants, power broker bars, upscale shopping and inspiring cultural institutions.

ALL PLACES
CULTURE
RESTAURANTS
SPORT AND RECREATION
SHOPPING
HOTELS

1. The White House

1600 Pennsylvania Avenue NW, Washington, DC 20500, United States

DC 7 Minute walk

2. National Museum of Women in the Arts

1250 New York Ave NW, Washington, DC 20005, United States

DC 1 Minute walk

3. Smithsonian American Art Museum

F St NW &, 8th St NW, Washington, DC 20004, United States

DC 11 Minute walk

4. National Portrait Gallery

8th St NW & F St NW, Washington, DC 20001, United States

DC 11 Minute walk

5. Smithsonian National Museum of Natural History

10th St. & Constitution Ave. NW, Washington, DC 20560, United States

DC 15 Minute walk

6. National Geographic Museum

1145 17th St NW, Washington, DC 20036, United States

DC 16 Minute walk

7. Renwick Gallery of the Smithsonian American Art Museum

1661 Pennsylvania Avenue NW, Washington, DC 20006, United States

DC 11 Minute walk

8. National Building Museum

401 F St NW, Washington, DC 20001, United States

DC 16 Minute walk

9. Ford’s Theatre

511 10th St NW, Washington, DC 20004, United States

DC 9 Minute walk

10. Capital One Arena

601 F St NW, Washington, DC 20004, United States

DC 13 Minute walk

11. CityCenterDC

825 10th St NW, Washington, DC 20001, United States

DC 5 Minute walk

12. H&M

1025 F St NW, Washington, DC 20005, United States

DC 7 Minute walk

13. Zara

1025 F St NW, Washington, DC 20004, United States

DC 7 Minute walk

14. Anthropologie

950 F St NW, Washington, DC 20004, United States

DC 9 Minute walk

15. Sephora

1000 F Street NW, Washington, DC 20004, United States

DC 9 Minute walk

16. Saks OFF 5th

555 12th St NW, Washington, DC 20004, United States

DC 9 Minute walk

17. Nordstrom Rack

555 12th St NW Suite C120, Washington, DC 20004, United States

DC 8 Minute walk

18. Ann Taylor

600 13th Street NW, Washington, DC 20005, United States

DC 4 Minute walk

19. Macy’s

1201 G St. NW, Washington, DC 20005, United States

DC 4 Minute walk

20. Gap

664 11th St NW, Washington, DC 20004, United States

DC 7 Minute walk

21. Grand Hyatt

1000 H St NW, Washington, DC 20001, United States

DC 5 Minute walk

22. The Willard InterContinental

1401 Pennsylvania Avenue NW, Washington, DC 20004, United States

DC 6 Minute walk

23. Sofitel

806 15th St NW, Washington, DC 20005, United States

DC 5 Minute walk

24. St. Regis

923 16th And, K St NW, Washington, DC 20006, United States

DC 10 Minute walk

25. Moxy

1011 K St NW, Washington, DC 20001, United States

DC 7 Minute walk

26. JW Marriott

1331 Pennsylvania Avenue NW, Washington, DC 20004, United States

DC 7 Minute walk

27. AC Hotel

1112 19th St NW, Washington, DC 20036, United States

DC 20 Minute walk

28. Orangetheory Fitness

425 I St NW, Washington, DC 20001, United States

DC 16 Minute walk

29. Balance Gym

1111 14th St NW, Washington, DC 20005, United States

DC 9 Minute walk

30. CrossFit

1339 Green Ct NW, Washington, DC 20005, United States

DC 9 Minute walk

31. Cafe Mozart

1331 H St NW, Washington, DC 20005, United States

DC 1 Minute walk

32. sweetgreen

1065 5th St NW, Washington, DC 20001, United States

DC 15 Minute walk

33. Toro Toro

1300 I St NW, Washington, DC 20005, United States

DC 3 Minute walk

34. The Best Sandwich Place

1300 I St NW, Washington, DC 20005, United States

DC 3 Minute walk

35. Pret A Manger

1432 K St NW, Washington, DC 20005, United States

DC 7 Minute walk

36. Buredo

825 14th St NW, Washington, DC 20005, United States

DC 3 Minute walk

37. Poki DC

1399 New York Ave NW, Washington, DC 20005, United States

DC 3 Minute walk

38. Leon

1724 L St NW, Washington, DC 20036, United States

DC 16 Minute walk

39. Starbucks

1001 Connecticut Ave NW, Washington, DC 20036, United States

DC 13 Minute walk

40. Starbucks

1455 K St NW, Washington, DC 20005, United States

DC 9 Minute walk

41. Yafa Grille

1400 I St NW, Washington, DC 20005, United States

DC 4 Minute walk

42. PokeHub

1225 I St NW, Washington, DC 20005, United States

DC 3 Minute walk

43. Bobby Van's Grill

1201 New York Ave NW, Washington, DC 20005, United States

DC 4 Minute walk

44. Au Bon Pain

406 10th St NW, Washington, DC 20004, United States

DC 11 Minute walk

45. Osteria Bibiana Enoteca

1100 New York Ave NW, Washington, DC 20005, United States

DC 3 Minute walk

46. Modena

1100 New York Ave NW, Washington, DC 20005, United States

DC 3 Minute walk

47. sweetgreen

888 17th St NW Ste 104, Washington, DC 20006, United States

DC 13 Minute walk

48. Franklin Grill

1200 K St NW, Washington, DC 20005, United States

DC 5 Minute walk

49. Fire & Sage

775 12th St NW, Washington, DC 20005, United States

DC 3 Minute walk

50. Sushi Aoi

1100 New York Ave NW, Washington, DC 20005, United States

DC 3 Minute walk

51. Soho Cafe & Market

1301 K St NW, Washington, DC 20005, United States

DC 5 Minute walk

52. Bobby Van's Steakhouse

809 15th St NW, Washington, DC 20005, United States

DC 4 Minute walk

53. Smoothie King

77th Street, Washington, DC 20005, United States

DC 4 Minute walk

54. Devon & Blakely

803 15th St NW, Washington, DC 20005, United States

DC 4 Minute walk

55. Paul

1275 K St NW, Washington, DC 20006, United States

DC 5 Minute walk

56. Noodles On 11

1100 New York Ave NW, Washington, DC 20005, United States

DC 4 Minute walk

57. Haad Thai Restaurant

Entrance on 11th between H and NY, 1100 New York Ave NW, Washington, DC 20005, United States

DC 4 Minute walk

58. Point Chaud Cafe And Crepes

1012 14th St NW, Washington, DC 20015, United States

DC 7 Minute walk

59. Sushi Gakyu

1420 New York Ave NW, Washington, DC 20005, United States

DC 7 Minute walk

60. Zeke's Coffee of DC - Downtown

731 15th St NW, Washington, DC 20005, United States

DC 5 Minute walk

61. Astro Doughnuts & Fried Chicken

1308 G St. NW, Washington, DC 20005, United States

DC 4 Minute walk

62. Compass Coffee

1401 I St NW, Washington, DC 20005, United States

DC 4 Minute walk

63. Via Sophia

1001 14th St NW, Washington, DC 20005, United States

DC 7 Minute walk

64. Le Pain Quotidien

800 17th St NW, Washington, DC 20006, United States

DC 12 Minute walk

65. Allegory

1201 K St NW #1, Washington, DC 20005, United States

DC 6 Minute walk

66. Peet's Coffee

601 13th St NW, Washington, DC 20005, United States

DC 4 Minute walk

67. Honeyfish Poke

1401 K St NW, Washington, DC 20005, United States

DC 6 Minute walk

68. Joe's Seafood Prime Steak & Stone Crab

750 15th St NW, Washington, DC 20005, United States

DC 5 Minute walk

69. Pret A Manger

1399 New York Ave NW, Washington, DC 20005, United States

DC 2 Minute walk

70. Fruitive

1094 Palmer Alley NW, Washington, DC 20001, United States

DC 5 Minute walk

71. Momofuku CCDC

1090 I St NW, Washington, DC 20001, United States

DC 4 Minute walk

72. Milk Bar CityCenterDC

1090 I St NW, Washington, DC 20001, United States

DC 5 Minute walk

73. Bluestone Lane

600 13th St NW, Washington, DC 20005, United States

DC 4 Minute walk

74. Roti Mediterranean Grill

1311 F St NW, Washington, DC 20004, United States

DC 5 Minute walk

75. Swing's Coffee

640 14th St NW, Washington, DC 20005, United States

DC 5 Minute walk

76. District Taco

1309 F St NW, Washington, DC 20004, United States

DC 5 Minute walk

77. Point Chaud Cafe & Crepes

1012 14th St NW, Washington, DC 20015, United States

DC 7 Minute walk

78. Chopt Creative Salad

618 12th St NW, Washington, DC 20005, United States

DC 6 Minute walk

79. MXDC Cocina Mexicana

600 14th St NW STE 700, Washington, DC 20005, United States

DC 5 Minute walk

80. Sunrise Deli

1220 L St NW #1, Washington, DC 20005, United States

DC 7 Minute walk

81. Devon & Blakely

1225 I St NW, Washington, DC 20005, United States

DC 3 Minute walk

82. Sfoglina Downtown

1099 New York Ave NW, Washington, DC 20001, United States

DC 5 Minute walk

83. Corner Bakery Cafe

1425 K St NW, Washington, DC 20005, United States

DC 8 Minute walk

84. The Hamilton

600 14th St NW, Washington, DC 20005, United States

DC 6 Minute walk

85. Grill Kabob

1331 Pennsylvania Avenue NW, Washington, DC 20004, United States

DC 5 Minute walk

86. SPIN Washington DC

1332 F St NW, Washington, DC 20045, United States

DC 6 Minute walk

87. Maddy's Taproom

1100 13th St NW, Washington, DC 20005, United States

DC 7 Minute walk

88. Naan and Beyond

1025 Vermont Ave NW, Washington, DC 20005, United States

DC 9 Minute walk

89. TaKorean Korean Taco Grill

13th St NW &, F St NW, Washington, DC 20004, United States

DC 5 Minute walk

90. Potbelly Sandwich Works

1050 K St NW, Washington, DC 20001, United States

DC 7 Minute walk

91. Old Ebbitt Grill

675 15th St NW, Washington, DC 20005, United States

DC 6 Minute walk

92. Corner Bakery Cafe

777 6th St NW, Washington, DC 20001, United States

DC 13 Minute walk

93. Chipotle Mexican Grill

1010 Vermont Ave NW Ste 101, Washington, DC 20005, United States

DC 8 Minute walk

94. Gregorys Coffee

1000 Vermont Ave NW, Washington, DC 20005, United States

DC 8 Minute walk

95. District Thai Restaurant

1014 Vermont Ave NW, Washington, DC 20005, United States

DC 9 Minute walk

96. Georgia Brown's

950 15th St NW, Washington, DC 20005, United States

DC 7 Minute walk

97. Au Bon Pain

1100 13th St NW #100, Washington, DC 20005, United States

DC 7 Minute walk

98. Starbucks

700 14th St NW, Washington, DC 20005, United States

DC 4 Minute walk

99. NUI Ramen & Pho

1018 Vermont Ave NW 3rd Floor, Washington, DC 20005, United States

DC 9 Minute walk

100. Starbucks

1600 K St NW, Washington, DC 20006, United States

DC 10 Minute walk

101. Joe & The Juice

1500 K St NW, Washington, DC 20005, United States

DC 11 Minute walk

102. Pret A Manger

1432 K St NW, Washington, DC 20005, United States

DC 7 Minute walk

103. Piccolina da Centrolina

963 Palmer Alley NW, Washington, DC 20001, United States

DC 7 Minute walk

104. Centrolina

974 Palmer Alley NW, Washington, DC 20001, United States

DC 7 Minute walk

105. Ristorante TOSCA

1112 F St NW, Washington, DC 20004, United States

DC 7 Minute walk

106. Estuary

950 New York Ave NW, Washington, DC 20001, United States

DC 6 Minute walk

107. Cosi

1001 Pennsylvania Avenue NW, Washington, DC 20004, United States

DC 11 Minute walk

108. Rice Bar

1020 19th St NW, Washington, DC 20036, United States

DC 19 Minute walk

109. Arepa Zone

1121 14th St NW, Washington, DC 20005, United States

DC 9 Minute walk

110. Corner Office

515 15th St NW, Washington, DC 20004, United States

DC 7 Minute walk

111. Bolt Burgers

1010 Massachusetts Ave NW, Washington, DC 20001, United States

DC 8 Minute walk

112. Cafe du Parc

1401 Pennsylvania Avenue NW, Washington, DC 20004, United States

DC 7 Minute walk

113. Occidental Grill and Seafood

1475 Pennsylvania Avenue NW, Washington, DC 20004, United States

DC 8 Minute walk

114. Esprinto Cafe

1331 Pennsylvania Avenue NW #10, Washington, DC 20004, United States

DC 8 Minute walk

115. Conrad Washington DC

950 New York Ave NW, Washington, DC 20001, United States

DC 6 Minute walk

116. The St. Gregory Hotel

2033 M St NW, Washington, DC 20036, United States

DC 20 Minute walk

117. Eaton DC

1201 K St NW, Washington, DC 20005, United States

DC 5 Minute walk

118. Fig & Olive

934 Palmer Alley NW, Washington, DC 20001, United States

DC 8 Minute walk

119. Gucci

1000 I St NW Suite 102, Washington, DC 20001, United States

DC 6 Minute walk

120. Dolcezza Gelato & Coffee

904 Palmer Alley NW, Washington, DC 20268, United States

DC 8 Minute walk

121. Hermès

944 Palmer Alley NW, Washington, DC 20001, United States

DC 7 Minute walk

122. Del Frisco's Double Eagle Steakhouse

950 I St NW Suite 501, Washington, DC 20001, United States

DC 7 Minute walk

123. Fruitive

1094 Palmer Alley NW, Washington, DC 20001, United States

DC 5 Minute walk

124. Summit the Rooftop at Conrad

950 New York Ave NW, Washington, DC 20001, United States

DC 6 Minute walk

125. Estuary

950 New York Ave NW, Washington, DC 20001, United States

DC 6 Minute walk

126. Louis Vuitton

943 Palmer Alley NW Suite 307 Suite 307, Washington, DC 20001, United States

DC 7 Minute walk

127. Dior

933 Palmer Alley NW, Washington, DC 20001, United States

DC 7 Minute walk

128. Canali

City Center, 978 I St NW, Washington, DC 20001, United States

DC 6 Minute walk

129. Jo Malone

996 I St NW, Washington, DC 20001, United States

DC 6 Minute walk

130. Salvatore Ferragamo

1001 H St NW Suite 206, Washington, DC 20001, United States

DC 6 Minute walk

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

68

69

70

71

72

73

74

75

76

77

78

79

80

81

82

83

84

85

86

87

88

89

90

91

92

93

94

95

96

97

98

99

100

101

102

103

104

105

106

107

108

109

110

111

112

113

114

115

116

117

118

119

120

121

122

123

124

125

126

127

128

129

130

pre-builts

STYLISH LAYOUTS THAT ALLOW FOR FLEXIBILITY AND SAFETY

The Herald’s pre-builts offer the perfect harmony between beautiful and functional space. They boast the city’s highest ceiling heights, luxurious finishes and efficient layouts. The suites feature hospitality-inspired design elements, refined materials and exclusive finishes including layered lighting, oak wood floors, rich carpets, walnut panel walls, and fluted glass doors.The pre-builts will set a new benchmark for higher end finishes and hospitality-inspired details.

press

WASHINGTON’S HISTORIC PROPERTY GETS A SOPHISTICATED, INNOVATIVE LUXURY MAKE-OVER WORTH $41 MILLION.

Washington Business Journal

DEAL DASH: Renovated ‘Herald’ building lands more tenants

Marx Realty has signed on two more tenants for its newly renovated office building, The Herald at 1307 New York Ave. The Barbara Bush Foundation for Family Literacy signed a seven-year, 6,000-square-foot office lease, while Scott Circle Communications signed a five-year, 3,200-square-foot office lease, both on the building’s seventh floor.

Read More
Commercial Observer

Reopened Herald Building in DC Signs Two New Tenants

Two new companies have inked space at the renovated Herald Building in Washington, D.C., with owner Marx Realty.

Read More
Washington Business Journal

Downtown D.C.’s renovated Herald building lands first tenant

After $41 million in renovations, a historic downtown D.C. property has its first tenant.

Read More
Commercial Observer

Renovated Historic DC Office Building The Herald Nabs First Tenant

CGCN Group, a Washington, D.C.-based government affairs firm, has signed an 8,000-square-foot lease at The Herald, a $41 million renovated office building in D.C. that opens on Sept. 22.

Read More
Commercial Observer

Invesco Acquires Stake in Iconic DC Office Undergoing Extensive Revamp

Investment powerhouse Invesco has acquired a 70 percent stake in The Herald, a 134,000-square-foot office building in Washington, D.C., and is teaming up with co-owner Marx Realty on a $75 million transformation of the iconic property.

Read More
Real Estate Alert

Invesco Joins Marx Deal, Eyes More

Invesco Real Estate has bought a 70% stake in a Washington office building from Marx Realty – forming a partnership that’s on the prowl for more deals.

Read More
Bisnow

Signature Smell, Branded Towels, Jackie O: Marx Realty Betting $40M It Can Lure Tenants To Its Vacant Downtown Building

With office vacancy rates at all-time highs, leasing demand stagnant and the future of the workplace still uncertain, today might not seem like the best time to put tens of millions of dollars into renovating a vacant D.C. office building. But that isn’t stopping Marx Realty.

Read More
Citybizlist

Construction Underway on Marx Realty’s $41M Hospitality-Themed Repositioning at The Herald Building in Washington, DC

Marx Realty (MNPP), a New York-based owner, developer and manager of office, retail and multifamily property across the United States, announced that construction is underway at The Herald building in Washington, DC.

Read More
REBusiness Online

Marx Realty Breaks Ground on $41M Redevelopment of Hospitality-Themed Office Building in D.C.

WASHINGTON, D.C. — Marx Realty has broken ground on The Herald, a 114,000-square-foot office building in Washington, D.C. The New York-based developer is investing $41 million to redevelop the property into a hospitality-themed office building.

Read More
Washington Business Journal

This renovated D.C. office building will feature an old-school hands-free technology: a doorman

Commercial real estate owners are increasingly looking to harness touch-free technology for their office tenants to help slow the spread of Covid-19, and Marx Realty is no exception.

Read More
GlobeSt.

Marx Realty Purchases The Herald Building for $41M

The former Washington Herald Examiner office building will undergo a $41 million aesthetic transformation, implemented by Marx Realty.

Read More
Commercial Observer

Marx Realty Picks Up DC’s Herald Building for $41M

Marx Realty has acquired The Herald Building, a 114,000-square-foot historic office building in Washington, D.C., for $41 million according to the New York-based firm.

Read More
Bisnow

Downtown D.C. Office Building Sells For $42M

A New York real estate firm acquired a Downtown D.C. office building this week in a deal the broker said was made more difficult by the coronavirus pandemic and the ongoing economic crisis.

Read More
CP Executive

Marx Realty Buys Iconic Herald Building in DC

The New York City-based firm is planning a $41 million renovation and repositioning of the historic property.

Read More
THE TEAM

WITH THE PURPOSE OF PRESERVING WASHINGTON’S ICONIC HERITAGE AND CREATING AN EXCLUSIVE, VISIONARY, HOSPITALITY-INSPIRED OFFICE PRODUCT, MARX REALTY HAS PARTNERED WITH THE INTERNATIONALLY RENOWNED STUDIO ARCHITECTS, AND AVISON YOUNG, LEADERS IN THE FIELD OF REAL ESTATE AND INVESTMENT MANAGEMENT.

MARX REALTY

Marx Realty, a division of publicly-traded Merchants’ National Properties (MNPP), have been developers, owners, and managers since 1915 and control a portfolio of over 4.3 million square feet, spanning 70 assets across 16 states. The company employs very low leverage across the portfolio, affording long-term investment horizons and providing substantial amounts of cash on hand at all times. President and CEO, Craig Deitelzweig oversees the company and is repositioning Marx’s assets to become “destinations” in their respective markets and is pursuing growth opportunities through new investments and partnerships. In addition to 10 Grand Central, Marx’s other New York assets include 545 Madison Avenue, 430 Park Avenue, 201 E. 57th Street, 532 Madison Avenue, 124 Hudson Street, 92 Prince Street and the Cross County Shopping Center. Marx Realty’s recent accolades include Commercial Observer’s Real Estate Power 100, BOMA Pinnacle Awards, GlobeSt.’s Historical Preservation and Best Overall Transformation Awards and Crain’s Coolest Offices.

marxrealty.com

STUDIOS ARCHITECTURE

Studios Architecture is an international design practice focused on enhancing the human experience. The firm works with clients to create built environments that express the essence of their organizations. For each project, Studios seeks to choreograph the human experience in a way that is simultaneously pragmatic and inspiring. It is as much process-driven as results-oriented; we understand that the best design comes not from a predetermined aesthetic but reveals itself through a process of discovery.

studios.com

AVISON YOUNG

Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment, and the community.

avisonyoung.com

FOR INQUIRIES AND INFORMATION

Call us at 202 644 8680 Email us

1307 New York Ave NW
Washington, DC 20005, USA