About EastBanc
EastBanc, Inc. specializes in the acquisition, redevelopment and management of commercial real estate assets. Our long-term appreciation strategy emphasizes the creation of enterprise value in targeted markets through targeted deployment of investor capital. The cornerstone of EastBanc's enterprise value strategy incorporates our unique ability to influence – more... sizeable portions of urban streetscape with significant capital upgrades and master-planned leasing. With a focus on urban mixed-use investment, our developments include upscale retail, luxury residential, Class A and Class B office and luxury hotel property types.
In addition to investment for its own account, EastBanc serves as an advisor and management agent for institutional and high-net worth individuals. EastBanc maintains strategic alliances with Prudential Real Estate Investors, Pramerica Real Estate Investors, Millennium Partners, ING Real Estate, Eurohypo, Bayerische Landesbank and its subsidiaries, as well as many others. Since 1987, EastBanc and its partners have acquired nearly three million sq ft of office, retail and residential properties. Washington's West End and Georgetown neighborhoods, as well as its Central Business District, are the core markets for the group's most recent development projects. Projects completed or under construction include:
- A 1.2 million sq ft project in the West End featuring a 300-room Ritz-Carlton Hotel, a 162-unit Ritz-Carlton condominium complex, a 100,000 sq ft Sports Club/LA fitness and spa facility and 35,000 sq ft of retail space;
- A 500,000 sq ft project in Georgetown featuring an 86-room Ritz-Carlton boutique hotel, a 28-unit luxury condominium complex, a state-of-the art Loews Theatres 3,000-seat Multiplex and 7,500 sq ft of retail space;
- 1875 Pennsylvania Avenue, a 288,000 sq ft office project leased to Wilmer Cutler Pickering Hale & Dorr;
- 3303 Water Street, a 150,000 sq ft 72-unit luxury residential condominium project in Georgetown along the Potomac River and C&O Canal. – less – More from ZoomInfo »
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