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WASHINGTON, DC-Akridge has sold its final office condo at 1016 16th St., NW, to Cadila Pharmaceuticals. The 2,232-square foot unit on the sixth floor traded for $618 per square foot, a spokesperson tells GlobeSt.com. 

1016 16th St. was one of the first office-condominium projects in the city. After purchasing the 38,250-square foot, eight-story building, Akridge converted it into office condos in 2008 and began selling the units to such organizations as the Jesuit Conference and the Fordham Foundation. Akridge continues to provide property-management services to the condominium owners’ association.

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