
The American Dental Schooling Affiliation is relocating its Washington, D.C., headquarters to District Heart, a 12-story workplace constructing at 555 twelfth St. NW, within the metropolis’s East Finish submarket. MetLife Funding Administration and Norges Financial institution Funding Administration are the property’s homeowners.
The non-profit group has signed a 10-year lease to occupy 30,000 sq. ft on the constructing’s fourth flooring in early 2026. Stream Realty Companions facilitated the transaction.
ADEA can be relocating from its present headquarters on the Affiliation of American Medical Schools. District Heart spans 850,000 sq. ft, together with a retail part.
Facilities characteristic an atrium lounge, a health heart with private coaching class choices, match with lockers and showers, in addition to onsite bike storage. District Heart tenants even have entry to a rooftop lounge that features leisure and convention areas totaling greater than 3,000 sq. ft.
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District Heart was inbuilt 1995. MetLife acquired the asset in 2014 from Manulife Funding Administration for $505 million, based on CommercialEdge. The constructing is situated in a heavy-traffic space, lower than a mile from the White Home and the Smithsonian Nationwide Museum. The WMATA’s second-busiest metro station is inside a two-minute stroll, making it accessible through public transit.
Stream Realty Buyers’ staff of Managing Administrators Andy Eichberg and Matt Pacinelli, with Govt Vice President John Klinke, represented MetLife. On the opposite aspect of the transaction, the staff of Susan Thomas and Thomas Brown of CBRE represented the tenant.
As a consequence of its location close to downtown D.C., there are numerous retail and eating choices shut by, in addition to onsite choices. ADEA can be becoming a member of a tenant record together with Potbelly Sandwich Works, Nordstrom, Saks Fifth, Kroll and others, CommercialEdge exhibits. Presently, the constructing is 95 p.c occupied.
Stream Realty Companions’ latest exercise
In the same transaction, earlier in 2025, Stream facilitated a 75,000-square-foot lease at Bayport Plaza in Tampa Fla., for American Integrity Insurance coverage. The corporate can be transferring into its new workplace house in 2026, occupying three flooring within the 11-story constructing.
Initially of the 12 months, the actual property agency entered a partnership with Piedmont Workplace Realty Belief for a Dallas-Fort Price space task. In Irving, Texas, Stream turned the unique leasing agent for The Connection, a three-building workplace property. Piedmont bought the portfolio in 2022.