Jayne Shister, senior vice president, Cassidy & Pinkard, represented seller United Way of the National Capital Area. The property provides future mixed-use redevelopment opportunities of 195,552 sf under existing C-3-A zoning and the potential for additional density through a Planned Unit Development process.
The office is close to the Washington Navy Yard and four blocks from the Department of Transportation's new headquarters facility in the Southeast Federal Center. It is also three blocks from where the Washington Nationals baseball team is expected to play in a new stadium in 2008.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
