Situated on a corner in the city's Golden Triangle area, the Jefferson Building's offices are currently 83% occupied. And the property boasts a popular ground-level retail tenant, the Palm Restaurant, which has been a favorite among the Washingtonian power crowd for the past three decades. The eight-story structure last hit the market in 2002 when Brickman Jefferson acquired it for $16.5 million. It has a 2004 assessed value of $16.5 million. Core Plus Properties LLC has agreed to take on management and leasing duties at the Jefferson, and will oversee an upgrade project.
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