DEAL DASH: Renovated ‘Herald’ building lands more tenants

1307 New York Ave., built in 1923, has received a $41 million renovation.

 

Marx bought the building in April 2020 and has since been undertaking extensive renovations to the property, including building out the lobby with a New York aesthetic designed by David Burns of Studios Architecture.

 

Once home of the Washington Times-Herald, the property was formerly the workplace of Jacqueline Kennedy Onassis, and so the design features many homages to her.

 

The Herald has a wide outdoor area for tenants similar to other buildings around it.

 

The property also has a gym.

 

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. They will join conservative lobbying firm CGCN Group and an undisclosed economic think tank in the 114,000-square-foot building. 

The circa-1923 building, which completed a $41 million renovation earlier this year, was a one-time workplace of Jacqueline Kennedy Onassis and home to the Washington Times-Herald. 

Brokers for the deals include Doug Mueller, Evan Behr, Nathan Beach and Jeanette Ko of JLL for Marx Realty, Creighton Armstrong and Lauren Thomas of JLL for Scott Circle Communications; and Chris Lucey and Doug Damron of Newmark for the Barbara Bush Foundation.

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