The building, which has been repositioned to Class A sinceAdvance's acquisition of it in 1998, is now 97% leased. Advancespent $2.7 million in capital improvements on the 137,000-sf,two-story building.


The deal also means Advance has now leased up some 98% of its DCportfolio.


"Overall, the Washington DC portfolio has proven to be a highlyfavorable investment for Advance Realty Group," David Fisher,senior vice president and regional managing director of Advance'sDC region, says in a statement.


In an earlier interview with Fishersaid that when the company reaches full occupancy in its DCportfolio, it will turn its attention to lease expirations set fornext year as well as further value-add acquisitions in thearea.

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