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Unizo Holdings May Be Buying Two DC Offices Totalling $330M In Separate Deals

WASHINGTON, DC-A source tells GlobeSt.com that the Japanese investor is pursuing 1100 First St., NE and 50 F St., NW.

By Erika Morphy | erikamorphy | | Updated on July 18, 2016
1201 Connecticut Ave., NW 1201 Connecticut Ave., NW

WASHINGTON, DC–Tokyo-based Unizo Holdings Co. appears to be expanding its US footprint not only in New York City but also in Washington DC.  After acquiring four office buildings in New York last year and one in Washington DC earlier this year, the real estate investor has two new acquisitions in the works here,  a source tells GlobeSt.com.

They are 1100 First St., NE, a 12-story, 348,958-square foot office owned by a JV between the Rockefeller Group and Mitsubishi Estate. The other is Capitol Place III at 50 F St NW, owned by Normandy Real Estate Partners, a 12-story, 203,412-square foot office building.

 The buildings are trading, respectively, at $220 million or $630 per square foot and $110 million or $541 per square foot.

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