WASHINGTON, DC—At least two more local assets will join the flurry of deals that have closed in recent days, a source tells us. Vornado Realty Trust has found a buyer for its stake in the Shops at Georgetown and 1625 K St., NW, called The CommonWealth Building, is trading for $46.3 million. Zuckerman Gravely is buying the latter asset from Shorenstein Properties, while Jamestown is acquiring Vornado’s stake in the iconic Georgetown shopping center for $270 million. The companies in question have not confirmed these rumors.

In March, Vornado CEO Steven Roth said in an earnings call that the New York City-based REIT had put the asset on the market, retaining Eastdil Secured to market its 50% stake.

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