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Sequoia Plaza

Sequoia Plaza was acquired by Foulger-Pratt in 2004 and considered to be a value-play in comparison to office assets in the Rosslyn-Ballston corridor. The project had historically been well-occupied by Defense/Government Contractors and performed per underwriting for the first few years of ownership. A shift in occupancy due to BRAC and financial reasons caused many major tenants to vacate, resulting in a 45% occupancy level. After careful analysis, occupants were shifted to allow large continuous blocks of space to be marketed, resulting in lease-up of the majority of vacant space.

Foulger-Pratt sold Sequoia Plaza in 2018, and managed the property until August 2021.

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Originally sourced as a multi-family development, this landmark adaptive reuse project was repositioned in response to changing market conditions. Located at Georgia and Missouri Avenues, the project reflects the rapidly changing landscape of urban living in the Nation’s capital.

This project's delivery as the first of six new Walmart stores in Washington, DC is a testament to Foulger-Pratt’s ability to navigate local politics, historic preservation concerns, and the complex construction requirements of a demanding land-lease tenant.

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72 Florida Avenue

The project is an eight-story, 166,000 square foot self-storage facility located in the thriving NoMa/Union District/Eckington corridor along Florida Avenue in northeast DC. The project opened for leasing in March 2020 and was sold in August 2022.

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The Exchange At Wheaton Station

This certified LEED Silver high-rise residential project with certified LEED Gold first floor Safeway grocer is conveniently located directly on the Wheaton Metro Station. The building features a 17th floor sky terrace, pool, dog park, and fitness facility. Through a creative mix of financial structuring and government incentives, Foulger-Pratt was able to deliver a high-rise product at pricing comparable to podium construction. Foulger-Pratt sold The Exchange at Wheaton Station September 2021.