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J Street Makes Play for Florida Ave. Market

WASHINGTON, DC-The firm is partnering with Edens & Avant to buy up properties here in order to give it greater leverage as it negotiates with the City and Sang Oh.

By Erika Morphy | Updated on December 19, 2007

WASHINGTON, DC-J Street Development and Edens & Avant have been quietly buying properties in the District’s Florida market–the Northeast part of town between Gallaudet University and the NoMA neighborhood–over the last several months. This morning the duo went public with their strategy, revealing that they have acquired the DC Farmers’ Market for an undisclosed price.

All told, over the last several months they have acquired some 140,000-sf of real estate in this sector, including the 86,000-sf parcel that is the Farmers’ Market. Plans call for additional properties to be acquired, J Street CEO Bruce Baschuk tells GlobeSt.com.

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