Onward Investors Acquires DC Office Building

Minneapolis-based Onward Investors has taken ownership of 100 M Street SE in Washington, D.C., a 12-story, 240,500-square-foot corner office building in the Capitol Riverfront district.

“We are excited to formally take ownership of this well-positioned property with best-in-class amenities in one of the most vibrant, amenity-rich submarkets in D.C.,” said Jon Lanners, Partner at Onward Investors.

Currently, 78% leased with approximately 16,000 square feet of contiguous availability, the property boasts a suite of amenities, including a new rooftop terrace with expansive river views, a new tenant lounge and a new conference center.

“This investment, and its transition from loan form to ownership and operation of the real estate collateral, demonstrates the broad capabilities of the Onward platform,” Lanners added. “We look forward to continuing to ensure 100 M remains one of the premier office assets in the Navy Yard during our ownership period.”

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