COMMERCIAL REAL ESTATE ACTIVITY

 

Georgetown's commercial real estate market is active with new store openings, building renovations, and property transactions. Of particular note are renovations in the 1300 and 1400 blocks of Wisconsin Avenue, anchored by the Georgetown Theater Building. This page includes a rundown of active retail renovation projects, retail vacancies, recent openings, and property transactions. 

Retail Openings, Closings, and Coming Soon

Opened 2017

& Other Stories
Acaiberry
Bibibop
Blue Bottle Coffee
Boulangerie Christophe
Brandy Melville
Brilliant Earth
COS
Dixie Liquor (reopened with new owner)
Duxiana
Falafel, Inc.
Georgetown Allure
Hinckley Pottery
Kung Fu Tea
Laduree
Marine Layer
Oki Bowl Ramen
PanIQ Room
Pillar & Post
Subway
Take Care
Tresor Interior

Closed 2017
Appalachian Spring
Basil Thai
BCBG
Calypso St. Barth
Canal Cafe
Chopsticks/Hashi Sushi
Diesel
FLOR
Gant
Godiva
Gtown Bites
Kit and Ace
P Street Pictures
Postmodern Foods
Rene Ruiz
Sea Catch
Second Time Around
ShopHouse
The Spice and Tea Exchange
Swiss Watch Works
Touche Georgetown

Coming Soon
Amazon Books
Cafe Georgetown
Capital One Cafe
Church
District Pizza
Foot Action
Insomnia Cookies
Kendra Scott
Reverie
Say Cheese!
South Moon Under
Starbucks (3rd Location)
Sweetgreen
The Wine Outlet
Trunk and Drawer
Wawa

Commercial Property Transactions

During calendar year 2016, 18 commercial properties sold in the Georgetown BID area, totaling $336,146,250.00 in transaction volume. The five largest property transactions for the year include:

  • 1025 Thomas Jefferson Street (Jefferson Court)
    Sold by JBG to a Qatari investment firm for $141,800,000
  • 1050 31st Street (Rosewood Washington, DC Hotel - former Capelle Hotel)
    Sold by Castleton Hotel Partners to CTF Georgetown LLC for $60,000.000
  • 3000 M Street (Latham Hotel)
    Sold by SB Urban to Thor Equities for $53,500,000 
    This property originally sold in 2015 and closed in 2016
  • 1075 Thomas Jefferson Street (Graham Hotel)
    Sold by Mast Capital to Legacy Hotel Group for $34,000,000
  • 3241-3245 M Street (& Other Stories)
    Sold by Foxhall Partners to Deka USA Property Two LP for $18,480,000