WASHINGTON, DC–Carr Properties announced it closed on 1875 K St., NW last week from Shorenstein Properties. The 190,345 square foot building is 99% leased by Willkie Farr & Gallagher, WeWork, Stroock & Stroock & Lavan, and Shipman & Goodwin.
The last time the building traded was in 2005 for $113.1 million.
Late last year Bisnow reported the deal was pending and that the purchase price was $150 million.
Carr Properties has an active pipeline in the Washington DC area. Last year it began work on Midtown Center, the 862,000-square foot trophy office that will eventually house Fannie Mae , it closed on 1615 L St., NW, and it acquired of 7272 Wisconsin Ave., in Bethesda, MD.
WASHINGTON, DC–Carr Properties announced it closed on 1875 K St., NW last week from Shorenstein Properties. The 190,345 square foot building is 99% leased by
The last time the building traded was in 2005 for $113.1 million.
Late last year Bisnow reported the deal was pending and that the purchase price was $150 million.
Carr Properties has an active pipeline in the Washington DC area. Last year it began work on Midtown Center, the 862,000-square foot trophy office that will eventually house
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
