District North Industrial

Jones Lang LaSalle Americas, Inc. ("JLL"), as an exclusive representative for the Owner, is pleased to present the offering of District North Industrial (the "Property"), located at 5925 Blair Road NW & 6025 Kansas Ave NW in Washington, DC. The two-building, 63,523 SF, ultra infill lease-up opportunity provides investors a significant value-add opportunity. The Property benefits from proximity to downtown Washington DC, making it a vital location for last-mile distributors. Washington DC has some of the region's most sought-after demographics such as spending power, population growth, educational attainment, and home value.

The Washington, DC MSA consists of over 108 million square feet of industrial inventory. Since 2020, the market has exhibited strong tenant demand with over 8.5 million square feet of positive net absorption with industrial rental rates increasing by 69.9%. Washington DC's industrial market is characterized by a lack of cost-effective, functional infill space. Located with the borders of Washington DC, District North has a superior infill location capable of serving downtown DC and its suburbs in Maryland and Virginia.