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Downtown DC Office Building Sells at Nearly 75% Discount

Virginia Firm Acquires 1980s-Era Property at Auction
The 1101 Vermont Ave. NW building sold at auction for a fraction of its 2006 price. (CoStar)
The 1101 Vermont Ave. NW building sold at auction for a fraction of its 2006 price. (CoStar)
By Emily Kelly
CoStar Research
April 2, 2024 | 1:46 P.M.

Add a nearly half-empty property on Vermont Avenue to the list of 1980s-era office buildings that have sold at an eye-catching discount in downtown Washington, D.C., in recent months.

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