The opening marks the company's debut in the District. Specific terms of the store's lease agreement with Western Development, which developed Gallery Place in a joint venture with Akridge for about $275 million, have not been disclosed.
Located at 7th and H streets NW near the MCI Center, Gallery Place sits atop the Gallery Place/Chinatown Metro Station. Completed in 2004, the property is a live-work-play destination that features 250,000 sf of class A retail space, as well as 230,000 sf of office space, 192 residential condominiums and a 700-space underground parking facility. Other tenants in the retail segment include a 22,000-sf Clyde's restaurant, a 65,000-sf Regal Cinema and Washington Sports Club.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.