Last Updated: June 15, 2005 11:23am ET

K Street Office Brings in $242 Per SF

By Barbra Murray

WASHINGTON, DC-Two years after it last changed hands, 1411 K St. NW comes under new ownership again in a $15.8-million deal. The nearly 65,300-sf office property, which was originally developed in the 1950s and renovated last year, fetched $10 million the last time around.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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