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WASHINGTON, DC-First Potomac acquired its second office building in the District, following this summer’s purchase of 500 First St., NW for $68 million. Now the REIT has acquired 1750 H St., NW for $65 million in an off market trade.

It is acquiring the building in a 50-50 joint venture with AEW Capital Management L.P. The deal is a sale-leaseback transaction, with seller National Treasury Employee’s Union occupying 46,900-square feet on the top four floors of the 10-story, 111,000-square-foot CBD building. The building is fully leased to six tenants.

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