Transwestern announced today that they brokered the sale of Jenkins Row Retail, a 50,560 square foot grocery anchored urban retail asset located at 1391 Pennsylvania Avenue, S.E., Washington, D.C. The property was acquired by EDENS from Jenkins Row Retail, L.P. (JPI).

Transwestern’s Institutional Commercial Group brokered the sale on behalf Jenkins Row Retail, L.P. (JPI).

Jenkins Row Retail is a part of the Jenkins Row mixed-use development, a newly constructed, mixed-use project consisting of 247 luxury residential condominiums and the 50,560 square foot ground level retail area leased to Harris Teeter, Subway, Signal Financial and GameStop. The property was sold free and clear of debt and does not have any significant near-term rollover.

Jenkins Row Retail is a trophy retail asset that combines sought after fundamentals including new construction, grocery anchored investment grade tenancy, prominent visibility, ease of access, and proximity to Metrorail. The Harris Teeter at Jenkins Row provides Capitol Hill residents with its first new grocery store in 40 years.

Jenkins Row Retail is located at the high-traffic intersection of Pennsylvania and Potomac Avenues, S.E., anchoring the eastern boundary of Capitol Hill. Metrorail access is across Pennsylvania Avenue via Potomac Avenue Station – Orange and Blue lines. The property’s corner location provides excellent visibility and signage to approximately 48,000 vehicles daily.

Transwestern’s DC Institutional Commercial Group focuses on institutional investment services throughout the Washington, D.C. region, providing their clients with exceptional service and market knowledge.  Over the past 12 months, the Institutional Commercial Group’s transactions have totaled over $1 billion in aggregate value.  Their success is a direct result of their detailed underwriting and keen understanding of the local, national, and international investment communities.  For more information on the Institutional Commercial Group, please visit www.Transwestern-ICG.net or call Gerry Trainor, Executive Managing Director at 202-775-7091.


About the Company
Transwestern is a national, privately-held operating company specializing in commercial real estate services, investment and development.  The firm’s fully integrated approach delivers value to owners, investors and users of commercial real estate through innovation, penetrating market intelligence and legendary service delivered by teams of local experts.  Transwestern has product specialties in office, industrial, retail, multifamily and healthcare and is an industry leader in sustainability solutions and in market research through its affiliate, Delta Associates.​​