The JCR Companies announces the acquisition of the Matrix Retail Portfolio located at 1529 14th Street in Northwest Washington, D.C. The Property contains 8,862 square feet of urban retail space and three tenants, ACKC, Universal Gear and Timothy Paul Bedding + Home. The 14th Street Corridor is representative of the JCR Companies’ core focus on identifying and acquiring properties within key niche retail submarkets within the Washington, D.C. market. The property was purchased with a short study period and quick closing from the Holladay Corporation, the original developers of the Matrix Condominium Building. “The Matrix acquisition contributes to our growing portfolio of core urban retail properties in the vibrant 14th Street corridor and we are excited to have closed on three such deals in the past nine months” stated Joseph Reger, Managing Director.