HFF brokered the building on behalf of the seller and, according to the announcement, procured the buyer. HFF did not return a call for comment to GlobeSt.com.

But clearly it wasn't that difficult to identify Unizo as a prospective buyer. The investor, which until last year limited its acquisitions to Japan and New York City, has been on a tear snapping up office buildings throughout the District.

It has acquired Union Center Plaza II, a 298,533-square foot office building at 820 1st St., NE, for $140.5 million, or $471 per square foot.

It has also purchased Capitol Place III and the Longfellow Building. It also has a purchase contract for 1100 First St NE for $217 million, which is still pending.

Completed in 2008, the 12-story Executive Building is 93% leased to tenants, including The Atlantic Council of the United States and National Quality Forum.

Foreign Investment Up in US

In general, Avison Young found that foreign investment continued to drive sales volume in the US and, in the first six months of 2016, overseas investors spent $35.2 billion on US assets. China accounted for $11.7 billion of the total and, as of mid-year, surpassed Canada as the top foreign capital source for the first time since 2009.

DC Sales Down

As for Washington DC, Unizo may be a new investor but its presence hasn't been strong enough to lift investment sales past 2015's activity, according to Avison Young.

Investment sales in Washington DC totalled $7.8 billion for the first half of the year, a 22% year over year decrease from $10 billion.

WASHINGTON, DC–Unizo is the leading foreign investor in Washington DC thus far this year, according to Avison Young's newly-released Fall 2016 North America, U.K. and Germany Commercial Real Estate Investment Review.

Coincidentally, this report was released the day after the Japanese-based investor closed on another acquisition here.

Last month we duly reported that Japanese investor Unizo had gone under contract to buy another office building in Washington DC's core: this time, the Executive Building, a 332,022-square foot Downtown office building owned by Invesco Real Estate.

The deal closed, as we reported it would, for $228 million.

HFF brokered the building on behalf of the seller and, according to the announcement, procured the buyer. HFF did not return a call for comment to GlobeSt.com.

But clearly it wasn't that difficult to identify Unizo as a prospective buyer. The investor, which until last year limited its acquisitions to Japan and New York City, has been on a tear snapping up office buildings throughout the District.

It has acquired Union Center Plaza II, a 298,533-square foot office building at 820 1st St., NE, for $140.5 million, or $471 per square foot.

It has also purchased Capitol Place III and the Longfellow Building. It also has a purchase contract for 1100 First St NE for $217 million, which is still pending.

Completed in 2008, the 12-story Executive Building is 93% leased to tenants, including The Atlantic Council of the United States and National Quality Forum.

Foreign Investment Up in US

In general, Avison Young found that foreign investment continued to drive sales volume in the US and, in the first six months of 2016, overseas investors spent $35.2 billion on US assets. China accounted for $11.7 billion of the total and, as of mid-year, surpassed Canada as the top foreign capital source for the first time since 2009.

DC Sales Down

As for Washington DC, Unizo may be a new investor but its presence hasn't been strong enough to lift investment sales past 2015's activity, according to Avison Young.

Investment sales in Washington DC totalled $7.8 billion for the first half of the year, a 22% year over year decrease from $10 billion.