originally planned ascondominiums,

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"We recognized Printer's Row as a very strong rental market downin that particular area," Ezgur tells GlobeSt.com. "It's a verypositive market and a great neighborhood. Because of the fact thatit was built as a condo building, it ends up being a very nicerental because we left all the specs and amenities as if it wouldbe condos."

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One and two-bedroom units range in size from 750 to 2,250 sf,and feature granite countertops, designer fixtures, steelappliances and wood floors. Every unit also includes extensivecloset space and a private balcony or terrace, as well asfloor-to-ceiling windows with views of the city, Ezgur says. Thebuilding offers tenants a health club, aquatics center, spa,resident lounge with gourmet chef kitchen, business services centerand 24-hour door staff.

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The average rent is around $2,366, according to KellieDeVilbiss, president with Jupiter Communities LLC, which is actingas the management company for the property. "Traffic has beengreat," DeVilbiss says. "Everyone wants to get a look inside sincethe units have high-end condo finishes."

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The development also includes indoor, heated parking and 16,000sf of retail space. About 1,100 sf has been leased so far, to a drycleaner, says Doug Renner, VP with the Baum Group, which ismarketing the retail space. The space has not yet been delivered tothe tenant. Asking lease rates for the retail space is around $35per foot, Renner says.

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