The Portrait Building, Washington, DC 20001 - Office Space for rent
The Portrait Building is located at 701 8th Street NW in the Penn Quarter neighborhood, DC, Washington, 20001. The Class A Office building was completed in 2005 and features a total of 134,448 Sqft. There are 5 Office spaces available for lease at 701 8th Street NW, Washington, DC, 20001, totaling 51,684 Sqft. The largest space available has 22,665 Sqft and a rental rate of $62.5/Sqft/Yearly.
There are 328 office spaces for lease in the Penn Quarter neighborhood, totaling 4,919,630 Sqft of available office space. The office space availability for the 20001 zip code is 3,979,053 Sqft, in 151 office spaces. The average asking office rent per sq. ft. in Penn Quarter is $7.13/sqft/year. For Class A+ office buildings the average office rate is $15.93/sqft/year, for Class A office buildings the average office rate is $6.05/sqft/year, for Class B office buildings the average office rate is $6.62/sqft/year.
In Penn Quarter, there are 66 class A office buildings. In Penn Quarter, there are a total of 37 LEED certified office buildings. In 2005, the same year The Portrait Building was built, 23 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Washington, featuring 1,304,604 square feet of commercial space.