Joint Venture Equity

1201 Wilson Boulevard – Office / Retail

Mr. Duffy successfully sourced PGIM as a new partner and participated in the negotiation process with respect to the recapitalization of 1201 Wilson Boulevard. The marketing process generated several competitive proposals from institutional capital sources both domestic and foreign.

JBGS’ skyline-defining, flagship asset 1201 Wilson Boulevard reset the bar for all of Northern Virginia, shattering the price per square foot and cap rate records, while totaling the 2nd largest deal size in Northern Virginia over the last 10 years. Standing at 33-stories tall and topped by the only observation deck in the region, Central Place Tower is one of the premier trophy assets in the DC market.