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370 L’Enfant Promenade

WASHINGTON, DC–Last year The Georgetown Co., based in New York City, and international real estate investor Meadow Partners, partnered for the first time to buy a property in the southwest submarket of the District: 370 L’Enfant Promenade. They paid $127 million for the 10-story, 405,000 square foot office, which was 70% leased to tenants at that time.

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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.

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