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| 1800 M Street Office Building, Downtown Washington, DC (Photo by Nick Waring) |
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| Andrew Weir |
WASHINGTON, D.C. -–
Holliday Fenoglio Fowler, L.P. (HFF) announces the $421 million sale of 1800 M Street, a 580,930-square-foot,
recently repositioned, Class A office building in Washington, D.C.
The HFF team represented
the seller and procured the buyer, a joint venture between Columbia Property
Trust and Allianz Real Estate of America, Inc.
1800 M Street is a
10-story office building situated at the corner of 18th and M Streets in
Washington, D.C.’s Golden Triangle area.
The asset has a Walk Score® of 99 and is less than a five-minute walk
from Farragut Square, Dupont Circle, Restaurant Row and Connecticut Avenue.
Additionally, it is positioned within a short
walk of Washington, D.C’s most popular residential neighborhoods of Logan
Circle, Dupont Circle and Georgetown and is within blocks of three Metro
stations (Dupont Circle, Farragut North and Farragut West).
Recently repositioned and renovated, 1800 M
Street is 94 percent leased to 34 tenants and features nine corner offices per
floor, versatile dual core floor plates, dual lobbies, a roof top deck and a
best-in-class fitness center.
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| Jim Meisel |
The HFF investment sales
team representing the seller included senior managing directors Andrew Weir and Jim Meisel, executive managing director Stephen Conley and director Matt Nicholson.
The marketing effort was
further supported by HFF’s national co-head of investment sales Manny de
Zárraga and HFF’s Global Capital Team comprised of senior managing directors Dan Cashdan, Riaz Cassum, Coleman Benedict
and Gerry Rohm.
For more information on this press release, please
contact:
Kristen Murphy
Director, Public Relations
One Post Office Square Suite 3500
Boston, Massachusetts 02109
T: 617-848-1572 M: 617-543-4873
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