WASHINGTON, DC-Los Angeles-based CommonWealth Partners is planning close on the acquisition of Hamilton Square, a 238,500-square-foot property at 600 14th St. NW, for $200 million. This will be the first acquisition in DC for CommonWeath.
California-based Shorenstein Properties LLC will sell the nine-story building for approximately $838 per square foot. The building formerly housed Garfinckel's Department Store. The California Public Employees' Retirement System is financing the acquisition. Shorenstein retained Eastdil Secured LLC to market the property. For the full story, go to Washington Business Journal .
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