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D.C. Investment Sales Market Heating Up, Expected To Catch Fire Later This Year

Courtesy of ASB Real Estate Investments The office building at 64 New York Ave. NE. A handful of big deals closed in April, several buildings have come onto the market, and experts believe that D.C.-area investment sales volume will increase significantly in the second half of this year.  The renewed activity in the capital markets comes as more employers are planning to bring employees back to the office this year, giving investors the confidence to place large bets on the o...
United States Al Iskandariyah Foulger Pratt Cameron Baker Tilly Todd Bill Collins Rockefeller Hilary Allard Goldfarb
Source: bisnow.com

Meridian Group Buys Northern Virginia Office Campus

Meridian Group Buys Northern Virginia Office Campus JLL Capital Markets represented the sellers and procured the buyer of the two-building asset. Apr122021 Image courtesy of JLL Just over a decade after acquiring Plaza East in Chantilly, Va., MRP Realty and Rockpoint Group have sold the 247,000-square-foot office complex to The Meridian Group. MRP and Rockpoint secured a buyer with the assistance of JLL Capital Markets, which, in addition to representing the sellers in the trans...
Rock Point United States Tishman Speyer Paul Spellman Dan Mcintyre Matt Nicholson

Jones Lang LaSalle Inc. (via Public) / Boutique Washington, D.C. office building sold for $58.5M

Boutique Washington, D.C. office building sold for $58.5M WASHINGTON, D.C., Jan. 6, 2021 -JLL Capital Markets announced today that it has closed the $58.5 million leasehold sale of 1717 Rhode Island, a 157,050-square-foot boutique office building in the heart of downtown Washington, D.C. JLL marketed the property on behalf of the seller, BentallGreenOak. Tritower Financial Group purchased the asset. 1717 Rhode Island provides a first-class amenity package that includes private terraces on the u...
Dupont Circle District Of Columbia United States Rhode Island Tod Brainard Matt Nicholson

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