Tagged : market square west

The Market Square complex located at 701 Penn and 801 Penn in the Penn Quarter neighborhood is selling for a record breaking rate of $904/SF.  This two building complex features 679,719 SF of office and retail space as well 210 privately-owned condos.

Located on Pennsylvania Avenue midway between the White House and the Capital, Market Square is truly one of DC's power addresses.  Over the last year, five residential condos have sold at Market Square ranging from a 2,200 SF penthouse for $1.3M to a 545 SF one bedroom for $345,000.  The average cost per SF for these five transactions was $685/SF, well below the record breaking price for the commercial segment of the buildings.

Currently, four condos are listed for sale at Market Square East and Market…

The Penn Quarter ranks near the top of the list of DC neighborhoods that have transformed the most over the last decade.  Sparked by the opening of the Verizon Center in 1997, the Penn Quarter is now home to over ten thousand Washingtonians living in a vibrant and exciting community.  With WalkScores in the top couple percentiles, Penn Quarter residents can truly enjoy a car-free lifestyle.

Much of the residential space in the Penn Quarter is upscale, modern and newly built within the last ten years.  With so many choices, it can be challenging to differentiate between Penn Quarter condo developments and pick the one best suited for your budget and lifestyle.  To assist in your search process, here are our favorite Penn Quarter condo developments:

1.…

701 Penn & 801 Penn Attract the Famous and Powerful

With views that rival any in the district, the Residences at Market Square have had their share of famous residents over the years including: Fred Thompson; Bob Novak; Geraldine Ferraro and Scott Brown.  These twin buildings located at 701 Pennsylvania Ave (Market Square East) and 801 Pennsylvania (Market Square West) are exactly halfway between the White House and the Capitol. 

Market Square condos offer stunning views of Pennsylvania Avenue and nearby Federal buildings including The Department of Justice, Federal Bureau of Investigation Building and the National Archives.  Every four years, residents of these twin buildings have a front row seat for the inauguration parade.

Both Market Square…