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Avison Young Awarded Leasing Assignment for 11 Dupont Circle in D.C.

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Office representation further expands Avison Young's relationship with The RMR Group

WASHINGTON, Dec. 6, 2018 /PRNewswire/ -- Avison Young, the world's fastest-growing commercial real estate services firm, announced today that it has been awarded the office leasing assignment for 11 Dupont Circle, a 153,000-square-foot (sf) office building in Washington, D.C.'s Central Business District.

The property is managed by The RMR Group, an alternative asset management firm with approximately $30 billion in assets under management, including more than 1,700 properties, as of June 30, 2018.  

Prominently located on Dupont Circle, the property is preparing for a significant renovation that includes new on-site amenities to complement the building's vibrant location, which is known for its market-leading food and entertainment options. Full renovation details will be announced in early 2019.

"We are very pleased to expand our relationship with The RMR Group," said Greg Tomasso, Principal, Avison Young. "Office tenants at 11 Dupont Circle already enjoy unsurpassed access to Washington's transit network and service amenities. With the planned renovation, this property is sure to attract premier office and retail tenants to the iconic Dupont neighborhood."

The Avison Young team consisting of Principals Greg Tomasso, Eli Barnes and Senior Associate Lauryn Harris will serve as exclusive agents. The building offers approximately 90,000 sf currently available for lease.

Avison Young is the world's fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,700 real estate professionals in 85 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial, multi-family and hospitality properties.

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Avison Young is a 2018 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for seven consecutive years.

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Greg Tomasso

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