"Our client is delighted to be the new owner of this architecturally appealing and tremendously well-located property," says Dek Potts of Advantis/GVA, the firm that represented the buyer in the deal. Eastdil Realty stood in for the seller. "The Barr Building's historic appeal to small and medium sized tenants will only be enhanced once the planned lobby and common area improvements are completed." The office facility is currently 83% occupied and is home to tenants such as the American Telemedicine Association, the Atlantic Council of the US, and a host of attorneys and physicians.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.