WASHINGTON, DC-Federal Center Office Associates, an LLC associated with Donohoe Cos., has secured a $130 million loan for its Federal Center Plaza office building. The loan, which was provided by Cantor Commercial Real Estate, followed a renewal at the 720,000-square foot office building by the federal government at the end of 2012.
The two-building complex is located at 400 and 500 C St., SW. GSA renewed 389,000 square feet at the complex, with FEMA taking 303,000 square feet at 500 C St. Studley represented GSA. We've reached out to Eastdil and Donohoe so stay tuned.
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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.
