JLL has completed the $21.5 million sale of 1201 Connecticut Ave. NW, a 190,385-square-foot, Class B office building in Washington, D.C.’s Dupont Circle neighborhood. JLL represented the seller, a subsidiary of BrightSpire Capital, Inc., in the sale of the property to an affiliate of Duball, LLC.

The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Tom Hall, Matt Nicholson, Kevin Byrd, Jim Meisel, Andrew Weir and Dave Baker.

The 12-story office tower is uniquely positioned for a multi-housing conversion, given its 15,500-square-foot rectangular floor plates with uniform column grids. The buyer intends to utilize the ground floor for retail and add a pool and amenity spaces to the roof.

“Duball is excited to commence this important project in the heart of Washington, D.C. We are excited to honor the rich history of the building and return the façade to its original glory,” said Marc Dubick, President of Duball, LLC. “We support the District’s goal of increasing housing opportunities in the downtown area and believe this will be a terrific office-to-residential conversion.”