A nearly vacant office building in Washington, D.C., that had been cued up for renovations by its previous owner has now sold to a multifamily developer at a deep discount in a deal that sets up the next potential office-to-apartment conversion play in the city.
Multifamily Developer Buys DC Office Building at Deep Discount
Acquisition Lines Up City's Next Potential Office-to-Apartment Conversion
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IN THIS ARTICLE
- Properties
- 500 L'Enfant Plaza
500 L'Enfant Plz, Washington, DC
- Companies
- Post Brothers
Real Estate
- Contacts
- Grant Marley
Vice President, Newmark
- Jud Ryan
Executive Managing Director, Newmark
- James Cassidy
Executive Managing Director, Newmark