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D.C. Office Property Trades for $33M
JLL has arranged the $32.5 million sale of 1301/1317 Connecticut Avenue, a three-story, 66,000-square-foot office and retail building in Washington, D.C.’s Central Business District. The sales price was $32.5 million.
The property is nearby restaurants, retail and hotels, as well as the Dupont Circle and Farragut North Metro stations. The building is one of only three office building with a Connecticut Avenue address, monument views and the ability to offer a full-floor or direct elevator presence and identity to occupiers under 10,000 square feet.
JLL represented the seller, Shorenstein Co., in the transaction. Shorenstein acquired the building in 2011 and renovated the lobby, elevators and common areas. The buyer was undisclosed.
For comments, questions or concerns, please contact David Cohen
- ◦Sale/Acquisition
