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Report: The Watergate Office is Selling for $107M

WASHINGTON, DC--The buyers are New York City's Steinbridge Group and Dallas-based Lincoln Property Co.

By Erika Morphy | erikamorphy | | Updated on June 30, 2016

The Watergate

WASHINGTON, DC–The city’s most notorious building, the 200,000-square foot Watergate office building, is under contract for $107 million, according to a report in Bloomberg, which wrote that it has seen financing documents about the deal.

The buyers are New York City’s Steinbridge Group and Dallas-based Lincoln Property Co., according to Bloomberg.

** Calls by GlobeSt.com to Steinbridge and Lincoln Property have not been returned.

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