The Watergate Office Building is an 11-Story, Class A office tower located on the Potomac riverfront in Washington, DC’s West End, a core downtown submarket known for its luxurious hotels, high-end restaurants, and record-setting luxury condominium prices. The property features dramatic panoramic views of the Georgetown waterfront, the Potomac River, the Key Bridge, and the Rosslyn skyline. The property connects directly to the newly-renovated, 5-star Watergate Hotel via the adjoining main lobbies and enjoys access to 60,000 square feet of restaurant, retail, and service amenities within the Watergate Shops, the central retail plaza within the Watergate Complex. Penzance extended the Watergate Retail Plaza ground lease to a term of 97-years.