1400 K St. NW
Taicoon Property Partners Acquires 1400 K Street NW, a Landmark Office Building Fronting Franklin Park, for $35.5 Million
Washington, D.C. — October 31, 2025 — Taicoon Property Partners is pleased to announce the acquisition of 1400 K Street NW, a 12-story, over 200,000-square-foot, Class A office building prominently located at the intersection of 14th and K Streets NW, fronting Franklin Park and just steps from the White House. The building neighbors some of Washington’s most prominent organizations and businesses, including The Washington Post and other leading institutions in law, finance, and policy. The transaction closed on October 31, 2025, for $35.5 million.
Situated in the heart of Washington’s Central Business District, 1400 K Street offers unmatched visibility, four-sided natural light, and panoramic park views. The building features ground-floor retail, a secure four-level underground garage, modernized elevators, and flexible floor plates ideal for marquee tenants.
As part of its repositioning strategy, Taicoon will introduce a series of design and amenity upgrades to reestablish the building as one of downtown’s premier workplaces. Planned enhancements include a refreshed entrance canopy that redefines the building’s street presence; a new indoor-outdoor balcony on the sixth floor that opens the existing tenant lounge to sweeping views of Franklin Park; an expanded conference and event suite on the seventh floor designed to accommodate larger gatherings; and a boutique fitness and wellness center on the second floor with park views and amenities that promote health and work-life balance. Together, these improvements will deliver a holistic and contemporary experience that blends productivity, wellness, and community connection.
“These upgrades will not only elevate the tenant experience but also continue Taicoon’s commitment to creating thoughtful, community-oriented spaces in the heart of D.C.,” said Hai Chien Wang, CEO and Co-Founder of Taicoon Property Partners. “1400 K Street embodies everything we believe in—architectural integrity, unbeatable location, and the opportunity to reimagine how people experience the office.”
Newmark, led by Ed Clark and Doug Mueller, has been appointed as the exclusive leasing team for 1400 K Street NW, overseeing marketing and tenant outreach as the repositioning takes shape.
Taicoon extends its gratitude to CTBC Bank, led by Weiyuan Chen, for assisting in securing project financing, and to WDG Architecture, led by Siti Abdul-Rahman, for spearheading the façade and exterior design enhancements. Additional partners include Sean Weinberg and Henry Vido of Cushman & Wakefield’s Investment Sales team, Neal Weinstein of Kane Kessler LLP, and Tracie Vaillant of Fidelity National Title Insurance Company, whose collaboration was instrumental in advancing the acquisition and redevelopment efforts.
This acquisition marks another milestone in Taicoon’s continued expansion throughout the Washington, D.C. market, following the firm’s recent success with 1899 L Street NW, 818 Connecticut Avenue NW, and other downtown repositioning projects.
About Taicoon Property Partners
Taicoon Property Partners is a Washington, D.C.–based real estate investment, development, and management firm focused on transforming underused assets into high-performing, community-driven spaces. With a growing portfolio of office, mixed-use, and redevelopment projects across the region, Taicoon combines institutional discipline with an entrepreneurial vision for modern urban environments.
Learn more at http://www.taicoonllc.com.
For leasing information, please contact:
Doug Mueller, Newmark | doug.mueller@nmrk.com | 202-441-1442.
Media Contact:
Beth Pyles
PR Manager
Taicoon Property Partners
beth.pyles@taicoonllc.com
http://www.taicoonllc.com
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