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17 Things You Need to Know This Morning

17 Things You Need to Know This Morning
What You Don't Know about Bob Braunohler
Title: Regional VP, Property Group Partners.
What he actually does: Works with brokers, tenants, contractors, and architects, looks for new deals.
About the company: Successor to Louis Dreyfus Property Group, founded 42 years ago, operates also in NY and London.
Properties here: Station Place complex (1.6M SF, HQ of SEC, American Chemistry Council, Kaiser Permanente); 801 17th (250k SF, sold earlier this year for record price to Morgan Stanley); 1101 NY (400k SF; Dewey LeBoeuf vacancy has been filled by National Retail Federation and a big British law firm).
Project underway: Capitol Crossing—5 buildings, 2.2M SF, $1.3 billion in value when all is done around 2019, depending on leasing velocity. Utility re-location started in April, foundation will begin in September, platform over 295 to begin mid-2015; first building to deliver Q3 2017.
Grew up: Mountain Lakes, NJ, on the Lackawanna Railroad line. He didn't know a Democrat until he came to DC.
School: Harvard MBA '73—more of class went into real estate than any other class before or since.
First job: Capital Mortgage Investments in Chevy Chase.
Philosophy: Libertarian.
Favorite song: Willy Nelson and Merle Haggard's Pancho and Lefty.
Favorite book: Daniel Deronda by George Eliot.
Favorite vacay: Nantucket.
Favorite restaurant: Matisse in NW DC.
Family factoid: Middle daughter Lauren getting married at destination wedding in July in Lake Tahoe.
Startling fact: Author of The Bob Joke Book, collection of 500 jokes. Ask Chuck the bartender at the Palm to see it. (Presumably on chain, if you're thinking of stealing it.)


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