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WASHINGTON, DC-One of the two office buildings in the Watergate office and residential community–perhaps the most iconic complex in a city of famous structures–has traded for an undisclosed price to Penzance. The acquisition is a value-add play for the firm, which is acquiring the 200,000-square-foot building at 2600 Virginia Ave., NW with 80,000 square feet of office space still available to lease.

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