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CLARENDON, VA-MRP Realty secured financing on an office building it purchased earlier this year. The company acquired 3101 Wilson Blvd. this summer for approximately $72 million. It paid all cash for the 212,000-square-foot property, according to company principal Bob Murphy. Now the company has secured $44 million in a five-year term loan on the building, he tells GlobeSt.com.

Located at 3101 Wilson Blvd., the nine-story Hartford Building delivered in 2003 and is now fully leased. Tenants include architecture firm DMJM, defense contractor Stanley Associates, and Georgetown University. Ground floor retailers include TD Bank and Sette Bello, a Georgetown Entertainment Group restaurant. MRP acquired the property from Multi-Employer Property Trust this summer.

MRP’s loan follows a $34-million refinancing secured by Cassidy & Pinkard Colliers for 1801 L St., this month. This particular deal was supported by a life insurance company, whereas 3101 Wilson’s loan was supplied by Wells Fargo. Both transactions, though, point to a slight but growing thaw in debt for DC area properties.

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