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News: Front Section
Posted: November 26, 2007
Saracen, AEW and JLL host opening of One Washington's entrance
Saracen Properties, AEW Capital Management and Jones Lang LaSalle hosted the grand opening of the new One Washington at the corner of State and Congress Sts. 100 members of the real estate community attended the special event showcasing the 156,000 s/f, 16-story first class office building's new entrance and lobby.
The mid-rise tower's $2 million capital improvement program is complete. Improvements include: entry doors and glazing; a monumental steel and glass canopy and lanterns, plaza level presence, and visibility from State St.; a full renovation of the main lobby with new lighting, tenant directory, wood panel accents on the granite walls, soffited ceiling, concierge station, and guest seating.
"The new One Washington has been extremely well received by the business community," said Travis Powell, development principal at Saracen Properties. "We are pleased that the building occupancy has been raised from 60% to 80% in just the last few months.
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