CBRE Retail Awarded over 100,000 Square Foot Leasing Assignment Across Multiple Retail Properties in Georgetown

CBRE has been selected by Georgetown’s largest retail real estate owner, EastBanc, to market over 100,000 square feet of retail space in their Georgetown portfolio.

CBRE’s DC Retail Team of Michael Zacharia and Reilly Hudson have been tapped to help secure high profile national and global retailers.

Properties within the portfolio include the former Brooks Brothers and Showfields space at 3077 M Street (up to 20,168 square feet), the former CB2 space at 3307 M Street (up to 43,841 square feet), and the prime corner of M Street and Pennsylvania Ave (up to 20,000 square feet).

“Georgetown has proved time and time again to be the most resilient and high performing retail destination in the DC area,” said Zacharia. “Our team has had meaningful success in this market over the last few years and we are looking forward to leveraging this momentum to support the most prominent landlord in Georgetown with its most iconic retail storefronts. With retail sales volumes trending up, vacancy rates at an all-time low, and tourism back to pre-pandemic numbers, we’re witnessing significant interest from the highest profile brands for these flagship opportunities.”