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| Columbia Center, 1152 15th Street NW, Washington, DC |
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| Stephen Conley |
WASHINGTON, D.C. ––
Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of Columbia Center, a 393,815-square-foot,
Class A office building in Washington, D.C.
HFF arranged the sale of
the property on behalf of UBS Global Asset Management. Carr Properties purchased the asset for an
undisclosed amount free and clear of existing debt in a structured transaction
together with affiliates of the Oliver Carr Company and Clark Enterprises.
Columbia Center is located
at 1152 15th Street NW in Washington, D.C.’s central business district adjacent
to the to-be-built Fannie Mae Headquarters.
Completed in 2008, the 12-story property is currently 94 percent leased
and anchored long-term by Orrick Herrington & Sutcliffe as well as Merrill
Lynch.
The HFF investment sales
team representing the seller included executive managing director Stephen Conley, senior managing
directors Jim Meisel, Dek Potts and
Andrew Weir and associate director Matthew
Nicholson.
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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