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.

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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.