Robert Khodadadian – Commercial Observer
B&B Italia and Molteni&C, two Italian home design groups, will both open showrooms in Washington, D.C., later this fall. Both designers signed 10-year leases in Georgetown’s design district, known as Cady’s Alley, which was developed by EastBanc, the majority landlord of the area’s retail properties. B&B Italia, an international design furniture group founded in 1966 Commercial Observer Read More Channel, Leases, Retail, 3306 M Street NW, 3330 M Street NW, B&B Italia, Molteni&C, Philippe Lanier, slideshow, Washington DC, EastBanc
B&B Italia, an international design furniture group founded in 1966 by Piero Ambrogio Busnelli, has inked a 12,809-square-foot lease to open a showroom at 3330 M Street NW, marking its sixth location in the U.S.
Molteni&C, a luxury furniture group, signed a 7,149-square-foot lease for a showroom on the same block, at 3306 M Street NW. This will be the fourth U.S. location for the company, which also has showrooms in New York, North Carolina and Kentucky.
“We have no doubt that the European-inspired Cady’s Alley is the perfect spot for B&B Italia and Molteni to plant their international roots in the D.C. market,” Philippe Lanier, a principal at EastBanc, told Commercial Observer. “We’re excited to see B&B Italia and Molteni reach new customers and flourish in their respective M Street spaces.”
B&B Italia’s creative director, Piero Lissoni, designed its three-story space, which CEO Francesco Farina noted provides “a striking juxtaposition and contrast with the exterior brownstone building.” It includes metal structures and incorporates bright accent walls to compliment the company’s contemporary designs.
The leases were done in-house.
Robert Khodadadian has long had a simple philosophy about selling real estate. The way he sees it, there are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller at the right time.
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