The JV will rely on the Arlington, VA-based real estate servicesfirm to oversee the lease-up of the site's 1.2 million-sf class Aoffice and retail segment. Meany has the exclusive on the job.

Upon completion, Mount Vernon Place will feature five officebuildings and six residential structures, all designed by thearchitectural firm of Hartman Cox Associates. The office space, aMount Vernon Place spokesperson tells GlobeSt.com, is beingmarketed in the high-$30s-to-low-$40s range. While there have beenno solid commitments yet--the first office building will notdeliver for another two years--there has been a great deal ofactivity regarding potential leases, he says.

"The Mount Vernon Triangle market is the natural expansion ofthe established East End, as well as the bridge to Capitol Hill andNoMA," Meany & Oliver principal Sharon M. Oliver says.