Since January, 2003
            
 (a random before-and-after moment)
September 7, 2003
May 29, 2016
2nd (West) at K, Looking West (see more)

Deeds have been recorded this afternoon indicating that the Ruben Companies has bought the two empty Exxon lots on South Capitol Street, at I Street SE and K Street SW.
The purchase of the 35,000-square-foot lot at South Capitol and I gives Ruben control of the entire block known as Square 697N; the company picked up the other 47,000 sq ft of the block back in 2009 after developer JPI defaulted on its loan for what was then the site of a Wendy's restaurant.
The other lot Ruben bought from Exxon, just south of the Capitol Skyline Hotel at South Capitol and K streets SW, is about 31,000 square feet and also gives the company control of that entire block, known as Square 648, after Ruben bought the other two lots in 2005 and 2007.
This now makes four sizeable sites that Ruben owns on this three-block stretch of South Capitol Street, since the company also owns 1100 South Capitol St. SE and 1101 South Capitol St. SW across the street, both of which are being marketed as office buildings.
The South Capitol and I Exxon closed down back in 2006, when the station's operator pleaded guilty to fradulently double-billing government contractors more than $120,000.
I don't know any more specifics about the sales at this point, and it's unlikely any buildings will be immediately sprouting on either site. But it is yet another bit of commercial development news that would seem to indicate that the worst of the downswing is past.
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MJM says: (7/5/11 11:28 PM)
Guess that is good news but now they can say they own them and do nothing with them for X # of years now. Hopefully they actually bought the land with an intent to build something on them. This financial crisis excuse is getting old going on three years especially in this area. Maybe we can get the companies west of the river to buy and develop since they have no problem doing that along the Orange Line unlike our companies here who can't seem to build or lease their projects. Just had to vent.


monkeyrotica says: (7/6/11 8:10 AM)
Most gas station sites are a nightmare to clean up. They're almost as bad as dry cleaners. I wouldn't look forward to any upscale eateries any time soon.


GaryRKarr says: (7/6/11 9:20 AM)
Word is they plan to put in a restaurant where the main supplies are sauerkraut, corned beef, swiss cheese and rye bread. Ruben's Reubens.


DC says: (7/6/11 9:45 AM)
MJM - your "vent" while perhaps sarcastic in nature illustrates a view devoid of reason and that is also representative of the type of "irrational exuberance" that assisted in creating the lending environment we have today - maybe going forward try thinking before venting

Gary - hilarious


NJA1000 says: (7/6/11 10:08 AM)
Are the gas stations classified as brownfields? If so, they could take a while to clean up before anything could be built on them.


MJM says: (7/6/11 1:44 PM)
DC - what I thought about is this: why are the companies that aren't present in Near-SE but are present in Arlington able to get finacing for projects in Arlington? The companies that rushed into the Near-SE land grab didn't have their books in order. FCE got hammered and just now coming back. Opus went under. Akridge - not sure what they are doing with their prime platforms. Monument's giant hole tied to Lehman. Cohen and the sculpture boxes and now rain garden (like the rain garden but that's sad you have to give land for a rain garden because you can't get money to build). We are stuck with companies in Near-SE that are still impacted by the crisis yet other parts of the city/region have companies that apparently weren't too impacted by the crisis and are building buildings like its 2007.

I would like to see companies be cautious but to buy the land and let it sit for 10 years and blame the crisis is just wrong at this point.


Alan says: (7/6/11 4:45 PM)
Well this explains the survey/property line posts and flags on the perimeter of the Wendy's lot. What I can't figure out is why DDOT removed the parking meters (concrete bases included) from Half between I and K. They also pulled the bases from the North side of I between Half and NJ Ave; the meters were never installed. Is residential parking being implemented?


jenniferp says: (7/11/11 4:25 PM)
MJM - rental rates in Arlington are going through the roof. It's the only submarket in the metropolitan area that has seen actual rent increases. These buildings under construction in Rosslyn are supposedly looking for rents in the $65+/sf range (and it may very well be higher). The Ballston project JBG has under construction only wants about $52/sf, but JBG had a tenant for one of the properties (Virginia Tech I think) and they started the project with all equity, thinking they could get debt financing after they finished the parking garage. Our rental rates for office in the new properties are in the low to mid $40's/psf which doesn't really justify new construction yet. Lerner's deal to fill his building with Bureau of Land Management was $34/psf, so at the moment he's losing a considerable amount of money on that building. We also have yet to attract "private" tenants, we're all pretty much GSA and associated contractors. They always have a lower rental threshold. I think GSA is currently capped at $48/psf in the District and after the SEC debacle, I don't think we'll see too much non-prospectus (needing Congressional approval) leasing for awhile. GSA leased a tremendous amount of space in the District over the last two years, out of the 3M SF of net absorption in 2010, they were reportedly responsible for about 2M SF of that and conventional wisdom (and the latest stats) say that gravy train is over.

Once they can get bank financing though, I'm sure they will start building again - developers are the ultimate optimists.

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City Government Data for Near Southeast Records added or updated recently displayed here; click the "archive" links to see additional detail and older records. All data from DC Government databases and RSS feeds. JDLand takes no responsibility for errors, omissions, etc. (read CapStat disclaimer). Data is retrieved daily.

Recent Crime Incidents Archive  
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (theft From Building)
 06/24/16
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 06/23/16
250 B/O L ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 06/23/16
UNIT B/O L ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 06/23/16
1200 B/O 1ST ST SE   THEFT
Theft First Degree (theft From Building)
 06/23/16
800 B/O 3RD ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 06/22/16
900 B/O 5TH ST SE   ASSAULT WITH A DANGEROUS WEAPON  06/21/16
1000 B/O NEW JERSEY AVE SE   THEFT FROM AUTO
Theft First Degree (theft From Motor Vehicle)
 06/21/16
400 B/O M ST SE   ASSAULT WITH A DANGEROUS WEAPON  06/19/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/19/16
1000 B/O 1ST ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 06/17/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/17/16
700 B/O L ST SE   ROBBERY  06/17/16
1100 B/O 8TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/14/16
UNIT B/O I ST SE   ROBBERY  06/13/16
250 B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 06/10/16
100 B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 06/09/16
1200 B/O HALF ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 06/09/16
1000 B/O 4TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/06/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/05/16
100 B/O K ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 06/04/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (theft From Building)
 06/04/16
150 B/O L ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/04/16
300 I ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 06/02/16
1000 B/O 1ST ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 05/31/16
1200 B/O 1ST ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 05/30/16
300 B/O TINGEY ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 05/29/16
1000 B/O 2ND PLACE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 05/29/16
1400 B/O SOUTH CAPITOL ST   THEFT
Theft 2nd Degree (all Other Larceny)
 05/26/16

Recent Issued Building Permits Archive  
1277 1ST ST SE   
06/15/16 
MILLER&LONG MILLER&LONG
AH1600794 / CONSTRUCTION
afterhours to take down tower crane with 200 ton mobile crane saturday 6 / 18 / 2016 5am to 9pm 6 / 19 / 2016
1005 3RD PL SE FLOOR 2   
06/09/16 
PETER D TRIFU / JERONE SCOTT
P1606869 / SUPPLEMENTAL
1017 3RD PL SE   
06/09/16 
null / NA NA NA
EHOP1690733 / HOME OCCUPATION
1212 4TH ST SE   
06/20/16 
FC 1212 LLC / null
P1607144 / SUPPLEMENTAL
1000 5TH ST SE   
06/22/16 
UNITED STATES OF AMERICA / null
P1607205 / SUPPLEMENTAL
1240 12TH ST SE   
06/13/16 
AECOM TECHNICAL SERVICE / AECOM TECHNICAL SERVICE; KTT PERMIT EXPEDITER, LLC
B1609254 / CONSTRUCTION
2nd extension of existing permit B1503361 to expire 01 / 14 / 2017
1000 HALF ST SE   
06/14/16 
TOLL BROTHERS CITY LIVING TOLL DC PHASE III / TOLL BROTHERS CITY LIVING TOLL DC PHASE III; STEVE ADAMCHAK ECS MID-ATLANTIC, LLC
SB1600266 / CONSTRUCTION
We will perform a total of 1 soil boring on the proposed site to a depth of 75 feet below existing grades. The boring will be located within the bounds of the private property. The boring will be drilled utilizing 4.25 hollow stem, continuous flight augers and / or mud rotary drilling. The boring will be performed utilizing a truck-mounted drill rig and will generate an approximate 6 inch annul...
1210 HALF ST SE   
06/14/16 
HINES GLOBAL / ALAN CARTER; HINES GLOBAL; ALAN CARTER
E82561999 / SUPPLEMENTAL
   
06/21/16 
HINES GLOBAL REIT 55 M STREET LLC / MATT LOSIGNOR
P1607182 / SUPPLEMENTAL
70 I ST SE APT 413   
06/17/16 
null / NA NA NA
EHOP1690749 / HOME OCCUPATION
70 I ST SE   
06/21/16 
70 EYE STREET ACQUISITION LLC / FUJITEC AMERICA
ER1602585 / SHOP DRAWING
Replace MRL hoist machine on elevator #2 Condition : Submit License Application EIN 22-2190685 Estimated Cost $15,000
601 L ST SE   
06/15/16 
RICHARD V CAREY
P1607063 / SUPPLEMENTAL
   
06/15/16 
TIMOTHY S CLEMONS
M1602419 / SUPPLEMENTAL
99 M ST SE   
06/06/16 
BALL PARK SQ JOE MARCHIO
AH1600606 / CONSTRUCTION
The work will begin on 4 / 14 and go till 5 / 14 and work hours will be 7pm - 5am
   
06/07/16 
BALLPARK SQUARE 701 LLC / NA BALLPARK SQUARE 701 LLC; LP CONSULTING SERVICES
AH1600767 / CONSTRUCTION
Work after hours from 7pm-7am Monday-Friday in conjunction with building permit B1503519 & DDOT PA97876
100 M ST SE   
06/11/16 
SQUARE 743 INC AND 100 M ST SE LLC / CHRIS HEARD; SQUARE 743 INC AND 100 M ST SE LLC; ASCHALEW ASAMINEW
E56805736 / SUPPLEMENTAL
   
06/20/16 
SQUARE 743 INC / GREGORY E LIGON
E1607378 / SUPPLEMENTAL
1200 NEW JERSEY AVE SE 3 20024   
06/15/16 
JBG/FEDERAL CENTER LLC / MARK A. PELUSO
E1607254 / SUPPLEMENTAL
1200 NEW JERSEY AVE SE 3RD 20024   
06/13/16 
JBG/FEDERAL CENTER LLC / null
P1606958 / SUPPLEMENTAL
1000 NEW JERSEY AVE SE   
06/08/16 
CHARLES J MURPHY / FREDERICK SAVAGE; CHARLES J MURPHY; FREDERICK SAVAGE
E11170434 / SUPPLEMENTAL
   
06/10/16 
CAPITOL HILL TOWER HOUSING COOPERATIVE INCF / RANDALL W GREER
P1606933 / SUPPLEMENTAL
   
06/15/16 
null / JEAN FRANCOIS MEFORT
PC56593839 / POST CARD
Installation of not more than 1 new air conditioning unit, up to a maximum of 10-tons of equivalent refrigerating effect.
1100 NEW JERSEY AVE SE   
06/22/16 
SQUARE 742 LLC / SQUARE 742, LLC SPAULDING AND SLYE, STE 100; TEMPEST, LLC
B1609629 / CONSTRUCTION
Interior cosmetic remodel to include ADA upgrade modifications, minor electrical work per installations and relocations.
1111 NEW JERSEY AVE SE   
06/07/16 
NJA ASSOCIATES LLC / STEVE ADAMS; NJA ASSOCIATES LLC; STEPHEN ADAMS
E73763756 / SUPPLEMENTAL
   
06/20/16 
NJA ASSOCIATES LLC / NJA ASSOCIATES LLC; N/A
SG1600285 / CONSTRUCTION
Install 2 signs on building LED----- 1. address 1111 on building entrance canopy 2. Letters IOM on New Jersey Ave building face side between 9th and 12th floors.
25 POTOMAC AVE SE   
06/06/16 
RIVERFRONT INVESTMENT PARTNERS
B1609012 / CONSTRUCTION
2nd Extension to Building Permit B1408697 to expire 12 / 06 / 2016
   
06/20/16 
RIVERFRONT HOLDINGS I LLC / ; NONE
SG1600336 / CONSTRUCTION
INSTALL 6 SIGNS AS PER PRINT
1244 SOUTH CAPITOL ST SE   
06/06/16 
1244 SOUTH CAPITOL RESIDENTIAL, L.L.C. / null
P1606761 / SUPPLEMENTAL
   
06/09/16 
1244 SOUTH CAPITOL RESIDENTIAL, L.L.C. / DONALD V. ELLENBERGER
M1602333 / SUPPLEMENTAL
AH = After Hours; B = Alteration & Repair; D = Demolition; E = Electrical; FB = Boiler; M = Mechanical; P = Plumbing and Gas; PC = Post Card; R = Raze; SG = Sign; TL = Tenant Layout; TN = Tent; RW = Retaining Wall;

Real Property Sales Archive  
No commercial transaction records added or modified in the past two weeks.


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400 M ('07)
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