Law firm Selzer Gurvitch Rabin Wertheimer & Polott is moving from its longtime Bethesda office building to a larger footprint less than a mile away.
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The Bethesda-based firm is taking 16K SF at Landow & Co.'s 7910 Woodmont Ave., its broker, Savills, announced this week. It plans to move its office from 4416 East-West Highway in July 2026.
“After an expansive search, we determined The Landow Building was the right choice for our future,” Selzer Gurvitch Managing Shareholder Christine Sorge said in a release. “It offers the space and functionality we need to support our continued growth, along with collaborative areas and convenient access to the restaurants and retail that serve our clients and employees.”
Savills’ Maxwell Forrest represented the law firm, and JLL’s Pat Hall and Danny Sheridan represented the landlord.
LEASES
Carr Properties inked two leases at its 250K SF office-to-residential conversion underway in Old Town Alexandria. For Five Coffee and D.C.-born Italian restaurant Grazie Nonna are both taking ground-floor retail at 425 Montgomery.
For Five is taking 3,440 SF, and Grazie Nonna is taking 4,470 SF, both on 10-year leases. Papadopoulos Properties’ Costa Gogas represented For Five, and Asadoorian Retail Solutions’ John Asadoorian represented Grazie Nonna and the landlord in both transactions.
FINANCING
A planned 67-unit affordable senior housing development in Ward 8 secured financing, District of Columbia Housing Finance Agency announced. Justice Housing and the Miller Group are developing Wagner Senior Residences, a $47.6M project at 2419 25th St. SE. DCHFA issued $22.6M in tax-exempt bonds and underwrote $17.2M in federal and $3.6M in D.C. low-income housing tax credit equity. D.C.’s Department of Housing and Community Development issued an $18.9M loan from its Housing Production Trust Fund. The units are reserved for residents making 30% to 80% or less of the area median income.
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SALES
Host Hotels & Resorts sold a 454-room Marriott in downtown D.C. to Newport Beach, California-based T2 Hospitality. The Washington Marriott at Metro Center sold for $128M, according to D.C. deed records, although the price listed in public records often doesn’t account for assets that come with the property, like furniture or fixtures. T2 received a $114M loan from Host to acquire the property, deed records show.
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McLean-based Renaissance Centro purchased an office building in Reston on a site that was once planned to house a 420K SF office tower. Renaissance Centro paid $9.1M for 1760 Reston Parkway, a 2.4-acre lot with a 1970s-era office building surrounded by a surface parking lot, the Washington Business Journal first reported. The seller, RTC Partnership, a venture between Richard Whealen and Akridge, was represented by Cushman & Wakefield.
MILESTONES
Stonebridge and The Bernstein Cos. closed on a 300K SF K Street office property Wednesday and immediately started demolition to make way for a residential project.
The venture is building a 435-unit apartment building with 17K SF of ground-floor retail at the site of 1990 K St. NW. The $250M project received financing from Lionheart Strategic Management and equity financing from Criterion Real Estate, both arranged by Cushman & Wakefield.
Bernstein was also a partner in the venture that sold the office building. The price hasn't been disclosed, and a sale had yet to be recorded in D.C. deed records as of press time.
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