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31-Unit Condo Project Planned For Petworth, Delivering Spring 2014

A new 31-unit condo project with ground-floor retail is planned for the 3900 block of Georgia Avenue NW, UrbanTurf has learned. Pers Development, which developed the Mint Condominiums in Eckington, plans on developing the former Goins building at 3930-3936 Georgia Avenue NW (map) into a 31-unit condo project with 32,000 square feet of mixed use […]

Fahrenheit Building Sold to Erkiletian Development for $14.3M

WASHINGTON, DC – March 31, 2015 – DTZ, a global leader in commercial real estate services, today announced that it has assisted PERS Development, one of D.C.’s fastest growing Development firms, in delivering the $14.3 Million sale of 3930 Georgia Avenue in NW Washington, DC. Managing Director Chris Doerr represented the seller, Ramin Bassam, in delivering a […]

citybizlist: DTZ Represents PERS Development in $14.3 Million Sale of 3930 Georgia Avenue in Northwest DC

DTZ, a global leader in commercial real estate services, today announced that it has assisted PERS Development, one of D.C.’s fastest growing Development firms, in delivering the $14.3 Million sale of 3930 Georgia Avenue in NW Washington, DC. Managing Director Chris Doerr represented the seller, Ramin Bassam, in delivering a near-completed 31-unit, Class A mixed-use property located in the Petworth neighborhood with […]

Aria Buys NoMa Development Site

WASHINGTON, DC—Aria Development Group has scooped up a 15, 698-square foot development site in NoMa for $11 million. The site, assembled over the past several years by PERS Development, stretches between 21 and 27 Florida Ave., NE and 18 to 24 P St., NE. All together it has a development potential of 141,000 square feet. […]

Urbanturf: Fahrenheit Building on Georgia Avenue Sells, Will Go Rental

Fahrenheit, a 31-unit condo building under construction on Georgia Avenue, has sold to Erkiletian Development, a family-run real estate development firm in the DC area. The project, developed by PERS Development, was originally planned as condos, but Erkiletian will deliver the units as rentals this summer. The final sales price for the project was $14.3 million, a […]

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