WASHINGTON, DC-On Thursday morning Liberty Property Trust will announce it has acquired 2100 M St., NW, for close to $134 million. A spokesman for the REIT confirmed the bare bones details for GlobeSt.com after it was recorded publicly.
The eight-story, 298,928-square-foot office building is located in the CBD. Hines was the seller.
Hines acquired the building in 2007 for a reported price of $152.5 million. Prudential Real Estate Investors sold the property to Hines on behalf of German institutional investors in US Property Fund III.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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.
