Washington, DC– Jair Lynch Real Estate Partners, a leading developer and investor in the DC Metro area, announced two new tenants at its 609 H St NE mixed-use redevelopment: Year Up and Wells Fargo.
Year Up is a non-profit with a mission to provide low-income urban youths “the skills, experiences, and support that will empower them to reach their potential through careers and higher education” through intensive training and corporate internships. Year Up will be relocating its headquarters from its current Arlington, VA location and occupying the entire fifth floor of the building.
Wells Fargo has also opened a new retail bank on the ground floor of the development. Previously, the firm had announced co-working company Bond Collective as the anchor tenant, providing 30k sf of hospitality-driven shared workspace. With the addition of these two new leases, the building will be over 85% leased.
609 H St. NE, a five-story, 90k sf office-over-retail building, is the final piece of the entire 600 block of H St NE redeveloped by Jair Lynch. The property is adjacent to Jair Lynch’s Anthology apartment building, sold for $160 million to an affiliate of Bentall Kennedy, and 625 H St, another 90k sf office building.
“Bringing in these tenants will help round out our vision for a diverse and mature H St Corridor” said Phuc Tran, Director of Investments at Jair Lynch. “We set out to create an extraordinary hub of retail, housing, and office on H St to provide uses for the neighborhood around the clock.”
609 H St NE has 10k sf of office and 2.5k sf of retail remaining. Jared Meier and Andrew Poncher from CBRE represent the owner for retail leasing, and Laurie McMahon and Mark Sullivan from Cushman & Wakefield represent the owner for office leasing