WASHINGTON, DC-Opus East LLC plans to develop a $180-millionoffice building at 1015 Half St., SE using equity provided byinstitutional investors advised by Prudential Real Estate Investors(PREI). The company plans to start construction on the 10-story,400,000-sf building in October.
Opus East acquired the site from Potomac Investment PropertiesInc. Eric Berkman and Steve Gichner from Grubb & Ellis brokeredthe deal, with financing provided by LaSalle National Bank.
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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.
