WASHINGTON, DC – Stream Realty Partners, a national real estate services, development and investment firm, has recently been awarded leasing responsibilities for The Parkway Building at 1201 East Abingdon Drive in Old Town Alexandria.
Located along George Washington Parkway, 1201 East Abingdon offers convenient access to Reagan National Airport and downtown Washington, DC while maintaining proximity to a deep and diverse Old Town Alexandria amenity base. The building features approximately 37,000 square feet of available space and is undergoing a transformative repositioning that will continue throughout 2016. Recently completed interior renovations will soon be complemented by meaningful exterior improvements focused on enhancing overall visibility and drive-up appeal.
Stream Realty Partners will lease the building on behalf of Principal Real Estate Investors, the dedicated real estate group of Principal Global Investors. Kyle Luby and John Klinke will lead Stream’s leasing efforts.
“Principal is a valued, national client and we are very excited by the opportunity to expand the relationship between our two firms through this assignment,” said Kyle Luby, Managing Partner – DC Metro Region, Stream Realty Partners. “1201 East Abingdon is a phenomenal asset and we look forward to playing a part in its transformation and reintroduction into the marketplace.”
For more information or leasing opportunities, please contact Kyle Luby or John Klinke of Stream Realty Partners at (202) 595-1400.
About Stream Realty Partners
Stream Realty Partners, L.P. is a full-service real estate investment, development and services company. Since its formation in 1996, Stream Realty has grown from its two original partners to a staff of over 675 real estate professionals nationwide with office locations in Atlanta, Austin, Charlotte, Dallas, Denver, Fort Worth, Houston, Southern California, San Antonio and Washington, D.C.
Stream Realty leases and/or manages more than 120 million square feet of commercial buildings across the nation; completes over $2.4 billion in real estate transactions annually; and is considered one of the most active investors and developers in the Southwest.
About Principal Real Estate Investors
Principal Real Estate Investors manages or sub-advises $66.2 billion in commercial real estate assets. The firm’s real estate capabilities include both public and private equity and debt investment alternatives. Principal Real Estate Investors is the dedicated real estate group of Principal Global Investors, a diversified asset management organization and a member of the Principal Financial Group.