WASHINGTON, DC—Talk on the street is that a CBD office hastraded for $127 million or $472 per squarefeet. A source tells GlobeSt.com that the MRPRealty-Rockpoint Group JV is buying the building fromMiller Global Properties.
The building is 97% occupied by such tenants as District ofColumbia Public Service Commission, Institute of InternationalFinance and Thomson Reuters Corp.
The last time it traded was in February 2008 for $130million.
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
*May exclude premium content
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.