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.

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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.