People and Places That Matter.

Bernstein Management acquires 3915 National Drive in Burtonsville Office Park

On February 22, 2018, BDC Properties LLC (“BDC Properties”), through its wholly-owned subsidiary BDC Burtonsville II LLC, closed on a 28,000 square foot office building, located at 3915 National Drive, Burtonsville, Maryland (the “Property”) within the Burtonsville Office Park. With its purchase of the Property, BDC Properties now owns and controls the entire 145,000 square foot, 11-acre office complex.

4115 Davis Installs Solar Panels

Bernstein Management Corporation’s 4115 Davis – part of Park Crest Apartments – is set to produce sun power with its new solar installation. The blue panels on the roof will offset almost 60,000 kWh annually, which will prevent the emission of almost 45 metric tons of carbon – the equivalent of taking nearly ten cars off the road for one year. The DC Sustainable Energy Utility (DCSEU), a long-time partner of BMC, offered technical guidance throughout the procurement and installation process.

Solar Power at Cathedral Mansions

Bernstein Management Corporation (BMC) just completed a solar installation on top of the Cathedral Mansions parking garage, located at 3000 Connecticut Avenue NW. The mixed-use building with offices and apartments is home to more than 250 residents. The solar installation will offset more than 240,000 kWh and prevent the emission of 182 tons of carbon – that is the equivalent of taking 39 cars off the road for one year. The project was completed with technical assistance from the DC Sustainable Energy Utility (DCSEU).

Bernstein Management Acquires 4250 Connecticut Avenue

On November 30, 2016, an investment affiliate of Bernstein Management Corporation purchased 4250 Connecticut Avenue, NW (“4250”), a 202,000 square foot office building with ground floor retail, from Fannie Mae. Built in 1982, 4250 is located along Connecticut Avenue in the Van Ness neighborhood next to the Van Ness-UDC Metro Station on the Red Line, as well as the Uptown campus of the University of the District of Columbia. It is also near a commercial corridor which includes a CVS/Pharmacy and Giant Food grocery store.

Bernstein Management acquires 4250 Connecticut Avenue

Bernstein Management Acquires 1600 Pennsylvania Avenue SE

On February 15, 2017, an investment affiliate of Bernstein Management Corporation purchased 1600 Pennsylvania Ave, SE (“1600 Penn”), a 77-unit apartment property located in the emerging Hill East section of the Capitol Hill neighborhood.

Developed in 2015, 1600 Penn offers modern unit interiors with stainless steel appliances, granite countertops and designer fixtures, as well as appealing community amenities, including a rooftop terrace and sundeck with direct views of the Anacostia River.

1600 Penn is a short walk away from the Potomac Avenue Metro station and a Harris Teeter grocery store; it’s also less than one mile from Eastern Market and the shopping and dining at Barracks Row. Nearby, one can find the Capitol Riverfront and Ballpark District.

Bernstein Management acquires 1600 Penn SE

Bernstein Management Acquires 4115 Wisconsin

A subsidiary of one of BMC’s investment entities closed on a 50% tenants-in-common interest in the apartment building at 4115 Wisconsin Avenue, NW.

The Property consists of 40 apartment units and 17 service-oriented commercial units. It is located at the corner of Wisconsin Avenue and Van Ness Street, one block from the proposed future redevelopment of the Fannie Mae headquarters site, which would include DC’s first Wegmans grocery store. The Property is an 8-minute walk to the Tenleytown Metro Station and is close to numerous restaurants and retail stores along Wisconsin Avenue.