Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON, DC-Cassidy & Pinkard Colliers has brokered the sale of two small office townhouses in Dupont Circle within the last few days. One is 1709 N St., NW–a historic four-story 4,626-square-foot structure, which was sold to the Republic of Mauritius for $2.2 million. Jayne Shister and Christopher Woods of Cassidy & Pinkard Colliers represented the seller, 1709 N Street Assoc.

The other is 1730 Massachusetts Ave., NW–a three-story, 10,119-square-foot building. Shister and Woods represented the seller, Institute for Electrical and Electronic Engineers; Incorporated Ritte Co.–a Puerto Rican entity, purchased the building for approximately $5.5 million.

Shister tells GlobeSt.com that IEEE outgrew the space and moved out. The buyer plans to establish a business and foundation here, she says. This particular building moved rather quickly having gone on the market in September, Shister adds.

The sales, albeit small, are notable because activity is rare in the tight and very small Dupont Circle/Uptown submarket. It has an inventory of only 6.6 million square feet, and 72 buildings according to GVA Advantis statistics. Few buildings are developed here; one of the more recent was begun last year at 1616 Rhode Island Ave.

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
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


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 © 2021 ALM Media Properties, LLC. All Rights Reserved.