WASHINGTON, DC-Property Group Partners, based in New York, has acquired air rights from the District for the $1.3-billion Capitol Crossing project on the Center Leg Freeway. The 2.2-million-square-foot project, which will comprise four office towers and one 150-unit residential tower as well as 63,000 square feet of retail space, will be developed in phases.
The planned buildings include 250 Massachusetts Ave., 200 Massachusetts Ave., 600 Second St., 200 F St. and 201 F St. Work is expected to start in Q3 2013. For the full story, go to Washington Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
Already have an account? Sign In Now
*May exclude premium content© 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.
