Building Information
American Real Estate Partners is guided by a simple philosophy: “Identify opportunity, manage risk and create value”. We act solely as a principal, rather than an advisor or capital allocator. American Real Estate Partners, led by Douglas E. Fleit, Chief Executive Officer, and Brian L. Katz, President and Chief Operating Officer, invest alongside some of the most sophisticated institutional investors in the world. This complete alignment of interests is manifested by every investment its principals make.
American Real Estate Partners’ ability to identify opportunity is a function of experience and relationships. Each of our principals (Douglas Fleit and Brian Katz) and senior executives has extensive experience in real estate capital markets, acquisition, asset management, brokerage, development, construction and risk management. American Real Estate Partners’ decision-makers started their careers in commercial brokerage and learned the business from the ground up. We understand what tenants want and are able to structure transactions that satisfy their objectives while enhancing the value of our projects and that of our investors.
Amenities
The Summit at Washingtonian offers tenants an on-site fitness facility, a spacious 2-story atrium lobby with high-quality finishes, and floor to ceiling windows in all corner offices. Additionally, the building’s green features include energy efficient lighting; energy saving dynamic outside air control; an energy recovery system; and exclusive use of low-emitting paints, carpeting, adhesives and sealants.
The Summit at Washingtonian is within walking distance of Washingtonian Center and Waterfront, an attractive destination for shopping, dining and entertainment anchored by upscale retailers such as Target, Starbuck’s, Dick’s Sporting Goods, Barnes & Noble, South Moon Under and Chico’s. The Waterfront consists of a blend of retail and restaurants such as Copper Canyon Grill, Café Deluxe and more. The Gaithersburg Marriott Washingtonian Center hotel is the lead lodging provider, followed by several others. The Summit at Washingtonian is just north of Shady Grove Road and just south of I-370 (Sam Eig Highway) and the Inter-County Connector. The Capital Beltway (I-495) is seven minutes away; downtown Washington, D.C. is twenty-five minutes from the property; Ronald Reagan National Airport (DCA), Baltimore/Washington International Airport (BWI) and Washington Dulles International Airport (IAD) are a mere 30 minutes away; and the Shady Grove metro station is within close proximity.
