Onward Investors Announces Acquisition of Prime Office Space in Washington D.C.

Onward Investors Takes Control of 100 M Street SE

Onward Investors, a Minneapolis-based alternative investment firm, has proudly announced its official ownership of 100 M Street SE located in Washington D.C. This acquisition marks a significant milestone for the firm, which previously secured the senior loan for the property back in April 2024. The property itself is a Class-A corner office building stretching across 240,500 square feet and features 12 stories of modern office space, ideally situated in the vibrant Capitol Riverfront district, known for its dynamic atmosphere and accessibility.

The location is conveniently close to the Navy Yard-Ballpark metro stop, making it an attractive option for businesses looking for easy transportation links. As part of their statement, Jon Lanners, a partner at Onward Investors, expressed enthusiasm about the property’s potential. He stated, “We are excited to formally take ownership of this well-positioned property with best-in-class amenities in one of the most vibrant, amenity-rich submarkets in D.C.” This sentiment reflects the strategic focus of Onward Investors as they continue to enhance their real estate portfolio in sought-after markets.

Currently, the office building is 78% leased, showcasing about 16,000 square feet of contiguous space available for tenants. The building comes equipped with a variety of desirable amenities, including a newly developed rooftop terrace that offers expansive views of the river, a modern tenant lounge, and a conference center tailored to meet the needs of today’s businesses.

In addition to the immediate benefits brought by this acquisition, Lanners highlighted the broader strategic significance it holds for Onward Investors. “This investment, and its transition from loan form to ownership and operation of the real estate collateral, demonstrates the broad capabilities of the Onward platform,” he noted. The firm aims to bolster its management of the property to ensure that 100 M Street remains one of the premier office assets in the Navy Yard area during their ownership.

Founded in 2011, Onward Investors specializes in real estate-related opportunities, with a mission to capitalize on dislocations within the market that arose after the Global Financial Crisis. The firm leverages deep expertise in asset classes to combine a robust understanding of credit and equity investments. With a growing portfolio and an eye for premium properties, Onward Investors is poised for continued success in the commercial real estate sector.

For more information about Onward Investors and their extensive portfolio, visit their official website at www.onwardinvestors.com. This acquisition of 100 M Street SE showcases their commitment to enhancing urban real estate and signifies their expanding role in the Washington D.C. market.

In summary, Onward Investors' acquisition of 100 M Street SE not only demonstrates their strategic growth but also highlights the increasing value of premium office spaces in urban environments. As they embark on the management of this property, the firm is set to make a lasting impact on the D.C. commercial real estate landscape.