Last Updated: January 5, 2006 09:46pm ET

1101 Connecticut Ave. Trades for $40M

By Barbra Murray

WASHINGTON, DC-Penzance Properties LLC takes title to the 179,000-sf office building at 1101 Connecticut Ave. NW. The class A property, located in the central business district, also features about 23,000 sf of retail and food court space.

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