Last Updated: December 13, 2005 10:23pm ET

Somerset Takes 1801 K St. for $250M

By Barbra Murray

WASHINGTON, DC-The office facility at 1801 K St. NW in the city's central business district sells for $250 million. The new owner of the 562,300-sf building plans to submit the three-decade-old property to a comprehensive renovation that will cost an estimated $50 million.

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