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Carr Properties Enters Deal To Sell Stake in One of DC's Most Valuable Properties

Firm Signs Memorandum To Sell 49% of Midtown Center for $455 Million
Carr Properties entered into an agreement to sell a 49% stake in downtown Washington's Midtown Center, which is valued at nearly $1 billion. (CoStar)
Carr Properties entered into an agreement to sell a 49% stake in downtown Washington's Midtown Center, which is valued at nearly $1 billion. (CoStar)
By Bryce Meyers
CoStar News
January 21, 2021 | 9:30 P.M.

Carr Properties has entered into an initial agreement to sell a minority stake in Fannie Mae's headquarters complex in downtown Washington, D.C., arguably the most expensive piece of commercial real estate in Washington.

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