Latest Bisnow update on 425 Eye
Commercial Real Estate news site Bisnow has provided another update on Paramount Group’s renovation of 425 Eye Street NW.
John Bone of Paramount Group
It’s a great value play at low to mid-40s full service) and on schedule to deliver Q1 ‘10. It’ll have all new lobby, common areas, bathrooms, fitness facilities, and rooftop deck, and he adds that 4th and I is a “perfect” place for a restaurant.
Paramount has selected Bill Miller of Transwestern Retail to lease the 29,000 SF of ground floor retail space. Transwestern has been a key player in the downtown retail scene signing Buddha Bar for 455 Mass and listing Coco Sala, PS7, Proof and Cork & Fork among their deals.
Transwestern’s website lists 22 tenants actively looking available space in the DC Metro Area. Any of the 22 seem like a fit? I think Humble or Marvelous Market might work. While I know there is a hunger for diners among district residents I can’t say Metro Silver Diner really appeals to me. That seems like it should have signed on at DCUSA…
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