Douglas Development Purchases Building at 5th and G St, NW – Burger King to be Replaced in early 2014

700 5th St. high res
700 5th St, NW courtesy of Douglas Development

From a press release:

Douglas Development announced that it has purchased a new mixed-use property in Chinatown DC, located at 700 5th St., NW, behind the Verizon Center. The 10,000 SF building includes 3 levels of office space and 4,000 SF of street level retail.

Douglas Development purchased this property from the DC-based law firm, Wingfield & Ginsburg, PC. The law firm has since leased back all of the office space from Douglas Development.

Burger King is located currently on the ground floor, but will relocate once its lease expires in early 2014. Douglas Development is in the process of selecting a new retailer to add to its portfolio of trendy Chinatown restaurants that include Graffiato, Sixth Engine, Legal Sea Foods, Matchbox, District of Pi, and new restaurants, Lime Fresh Mexican Grill and NoPa Kitchen + Bar, opening later this year.

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