Foresight, Timing, and the Right Partners.
Recognizing an opportunity and acting without hesitation – that’s how Monument Realty secured 50 parcels of land from 21 separate owners at the doorstep of Nationals Park.
Monument Realty bet big on what is today one of Washington’s most exciting neighborhoods. But before it was home to the Washington Nationals, it was already a huge financial win for our investment partners.
On the eve of MLB’s announcement to relocate the Montreal Expos to Washington, Monument Realty unveiled a bold and ambitious game plan: acquire ALL the available land in front of the proposed ballpark.
In what we dubbed “Operation Play Ball,” our vision, feel for the market and detailed due diligence helped set the stage for what is considered one of the best land deals in recent Washington history as we locked up key parcels of land while boxing out all competitors. In less than two years, Monument Realty and our partners assembled 4.5 acres of land with development rights for nearly 1.3 million square feet, leading the District to name Monument Realty “Master Developer” of the area.
We Made It Happen.
Douglas D. Olson
F. Russell Hines
