X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON, DC-The owner of 901 F St., Infrastructure Capital Group, has tapped CB Richard Ellis to handle a couple of important tasks at the 113,000-sf office facility. The real estate services firm has taken on the responsibility of leasing up the remaining 19,000 sf of office space in the class A building downtown, and it has also signed on to find a new owner for the trophy property.

The eight-story building at 901 F St. as it is known today was constructed in 2000, and incorporates into its design a Masonic Temple structure built in 1869. CBRE’s Brendan Owen, Mark Mallus and Alex Mitzner are handling the leasing activities; space goes for a reported $50-$55 per-sf. John Norjen and Bill Prutting Jr. are in charge of the sale aspect of the agreement. The building is being marketed without an asking price. Norjen explains that given the current climate, “most properties come to this market un-priced.” The property is currently assessed at a value of nearly $40.5 million.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.