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East End Office Building Sells for $22M

WASHINGTON, DC-The office building at 1331 H St. NW comes under new ownership. The 73,900-sf property, which was 99% leased at the time of the transaction, last traded in 2002 for $15.4 million.

By Barbra Murray | Updated on April 18, 2006

WASHINGTON, DC-In a $21.5-million transaction, Techumseh Properties LLC has acquired 1331 H St., NW. Cambridge Property Group sold the 73,900-sf office facility. It last changed hands in late 2002 in a $15.4-million deal.

The seller relied on the assistance of Gerry Trainor and Donald McCully of Transwestern Commercial Services’ Investment Services Group. Located in the city’s East End submarket, the 12-story structure at 1330 H St. features a street-level retail segment, as well as one level of below-grade office and storage space. At the time of the transaction, the property was 99% to tenants including the Civil War Preservation Trust, Viamedia and various law firms.

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