has provided funding to Akridge and Stars Investments to acquire and redevelop the two buildings at 1101 and 1111 16 St NW
. The buildings will be redeveloped
into a 99k SF trophy class office building. Located on the northeast corner of 16th and L Streets, the property is immediately adjacent to the new HQ
for Fannie Mae, within blocks of Lafayette Square and the White House, four Metro lines and countless restaurants, hotels, and retailers. It's one of several trophy offices
Akridge is developing at the moment, including converting the former YMCA
in Dupont Circle—a project EagleBank is also financing.