Jamestown, EastBanc Invest in Georgetown Renaissance Portfolio

Jamestown and EastBanc announced a partnership to develop the 306,000 square-foot mixed-use Georgetown Portfolio in Washington, D.C.

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.