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| 2025 M Street, Washington, DC |
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| James Meisel |
WASHINGTON, D.C. –
HFF announced it has closed the $109 million sale of 2025 M Street NW, a 195,624-square-foot office building in downtown
Washington, D.C.’s Golden Triangle area.
HFF
exclusively marketed the property on behalf of the seller, a partnership
between The Oliver Carr Company and Clark Enterprises, Inc. Mikeone EK purchased the asset.
The eight-story 2025 M Street NW is situated between 20th
and 21st Streets NW within downtown Washington, D.C.’s Golden Triangle, an area
that encompasses 43 blocks and houses 3,000 businesses, more than 500 retail
shops and restaurants and seven luxury hotels.
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| Dek Potts |
The building is proximate to four metro stations: Farragut North and West, Dupont Circle and Foggy Bottom.
The building features
173,229 square feet of office, 16,886 square feet of retail and 5,509 square
feet of storage space in addition to a 4,500-square-foot roof terrace and three
levels of below-grade parking containing 242 spaces.
Tenants of the 100-percent-leased building include Kaplan,
Radio Free Asia, and Smith Bucklin.
The HFF
investment sales team was led by senior managing directors James Meisel, Dek Potts and Andrew Weir, executive managing
director Stephen Conley, associate
director Matthew Nicholson and
senior real estate analyst Jessica
Diorio.
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| Andrew M. Weir |
The Oliver Carr Company was founded in 1962 by Oliver T.
Carr Jr. and was the predecessor company to CarrAmerica.
Notable development projects include
International Square and the restoration of the historic Willard Hotel. The principal business activity of the
company is real estate asset and investment management.
The company currently holds investments in
certain real estate partnerships and joint ventures including the Willard Hotel
and Office Building Complex, the Occidental Restaurant, 1919 Pennsylvania
Avenue and the Embassy Suites and other hotels in Alexandria, Virginia.
Mikeone EK, and its sister companies, have been acquiring
real estate throughout the country and are represented by Alex Kurkin out of Florida and Joao
Rogerio Romaldini de Faria out of Brazil.
Adam Vaisman of Butters
Construction & Development also advised the buyer in the transaction
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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