$200M redevelopment in D.C. to include hotel, retail

An Office Properties Income Trust building in Washington, D.C. will undergo a $200 million redevelopment to be transformed into a 427,000-square-foot mixed-use property that will include a hotel as well as office and retail space. “We’re going to have an abundance of meeting space, ballroom space and [a] collaborative work area,” said Christopher Bilotto, senior vice president at RMR Group and president of Office Properties Income Trust.