Jamestown, EastBanc Invest in Georgetown Renaissance Portfolio
- Aug 08, 2011
August 8, 2011
By Nicholas Ziegler, News Editor
Jamestown, the investment and management firm, has announced its investment in the Georgetown Renaissance Portfolio, a collection of 18 mixed-use buildings in the Georgetown area of Washington, D.C., in a strategic alliance with EastBanc, Inc. The properties, approximately 306,000 square feet of mixed-use space, will be used to showcase street-front retail and upscale residences.
EastBanc has worked in the Georgetown space for some time, having developed more than 3 million square feet of retail, office, residential, hotel and entertainment space in the area. “EastBanc is a proven market leader in Washington, D.C., and they share our targeted strategy of improving and working in vibrant urban neighborhoods,” said Matt Bronfman, managing director and chief operations officer for Jamestown.