Providing Solutions Focused On You

1717 H STREET, NW Washington, D.C.

The Facts

Located in the prominent central business district of Washington, D.C. known as the golden triangle, this 12-story, 400,000 square-foot office is just two blocks from the White House and boasts such amenities as a private fitness center, concierge services and valet parking. The building was completed in 1990 and currently has operating expenses of $1.8 million (excluding R.E. taxes and insurance) with subcontractor expenses totaling 50%. The property received the “1992 Building of the Year Award” at the local level.

The Major Tenants

Chemonics International, Department of Veterans Affairs, U.S. Customs and Border Patrol

The Services

Stoladi provides 1717 H Street with such services as annual budget preparation, monthly financial reporting, expense reconciliations, HR for all property staff including hiring and firing, competitive bidding of all subcontractors, review and oversight of all R.E. tax appeals, monthly inspections and reports to owners, utility review and analysis, oversight of all energy reduction programs, training all engineers and the property staff, handling all “normal” repairs and maintenance, handling VAV repairs and maintenance pertaining to locks, keys, plumbing, snaking of lines and minor electrical.

The Stoladi Difference

Stoladi has spearheaded 1717 H Street’s energy initiatives, entering the property in Energy Star and receiving a 65% rating. Currently, Stoladi is managing a total building lighting upgrade with expectations that implementation will result in a 50% reduction of light consumption and a reduction of 30% in HVAC consumption. We anticipate achieving a 75% Energy Star rating by year’s end.