Market Overview

Madison Marquette Moves Headquarters to 1000 Maine at the Wharf


Madison Marquette Moves Headquarters to 1000 Maine at the Wharf

PR Newswire

WASHINGTON, July 26, 2018 /PRNewswire/ -- The Washington, DC office of the recently merged Madison Marquette and PMRG announced that it has moved its headquarters to The Wharf's trophy office building, 1000 Maine. The company is co-developer of the landmark mixed use development on DC's southwest waterfront.

"This milestone move is especially meaningful to all of us at Madison Marquette," said Amer Hammour, Chairman of Madison Marquette and PMRG. "This relocation offers us a unique opportunity to experience being a tenant at one of our premiere mixed-use projects."

The combined company's new headquarters occupies 26,000 square feet in The Wharf's 1000 Maine, which offers close-in access to Metro, Capital Hill, and K Street. The building features a soaring lobby and waterside atrium, a fitness facility overlooking the water as well as a 10,000 square foot rooftop conference center and patio space with views of the Potomac River.  Capital Guidance, the parent company of Madison Marquette and PMRG, will share the new space for their global headquarters. Other tenants include the D.C. office of Fish & Richardson, a global IP law firm, Washington Gas and its parent energy company WGL, healthcare data company, Socially Determined, and the law offices of Michael Best & Friedrich LLP

1000 Maine is an integral part of The Wharf's 2.2 million square foot mixed-use Phase One development, which also includes The Anthem, a 140,000 square foot, 6,000 seat concert hall, three hotels, two multifamily and two condominium buildings, two office buildings and 210,000 square feet of restaurants, retail and entertainment.   In its role as co-developer of The Wharf, Madison Marquette sought to reunite the city with the waterfront, complimenting the neighborhood's authenticity as a port community anchored by the historic fish market. Phase 1 of The Wharf opened on October 12, 2017, and Phase 2 is scheduled to open in 2022.

Madison Marquette merged operations with PMRG in June 2018 to create a new leader in commercial real estate.  The firm offers PMRG's leasing, property management, investment management and development services, combined with Madison Marquette's specialized development, investment and marketing expertise. Madison Marquette's strength in retail and mixed-use assets joins PMRG's office, medical, industrial and multi-family capabilities to provide national leadership across asset classes. PMRG's dominance in the southern US combines with Madison Marquette's presence in primary gateway markets on both coasts to serve the top institutional owners and investors in the industry.  The company provides leasing and management services to a diverse portfolio of 330 assets in 24 states and manages an investment portfolio valued at over $6 billion. The combined company is headquartered in Washington, DC with a major presence in Houston, TX. With 600 professionals in 12 regional markets, the merged firm is a member of the Capital Guidance group of companies.

Shanna Wilson

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SOURCE Madison Marquette Realty

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