Honeybee Hospitality Closes On 1025 15th St. NW
WILL CONVERT OFFICES TO HOTEL
By Benjamin Luke
Honeybee Hospitality, Inc. acquired the 29,000-square-foot, nine-story office building at 1025 15th St. NW in Washington, D.C. from DC Healthcare Systems for $9.5 million.
The Beaux Arts building was constructed on the corner of 15th and L St. in 1895 and underwent renovations in 1990. The new owners plan on converting the vacant building into an independent hotel.
Charlotte Seale and Bill Moyer of D.C.’s The Donohoe Cos. have worked with Honeybee Hospitality since 2008 and facilitated the transaction on behalf of the buyer. Guy d’Amecourt, Gordon Nielsen, Paul DeFilippes, and John Duffy of Summit Commercial Real Estate negotiated on behalf of DC Healthcare Systems.