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The 11th Property Group To Build Mixed-Use On H Street Corridor

WASHINGTON, DC--The company just acquired 1338 H St., NE, which will be redeveloped along with the building next door.

By Erika Morphy | erikamorphy | Updated on April 13, 2017

1338 H St., NE 1338 H St., NE

WASHINGTON, DC–Locally-based 11th Property Group is developing its first mixed-use project along the H Street Corridor in Northeast, following its purchase of 1338 H St., NE for $835,000. The 1,656-square foot property was home to a neighborhood barbershop that the previous owner had operated since 1999, according to Josh Feldman of The Feldman Group of Marcus & Millichap. Feldman, along with Ian Ruel, closed the off-market deal.

The 11th Property Group already owned the property next door at 1336 H St., NE. The company plans to combine to the two properties into one mixed-use building, Jay Gross, principal of the company, tells GlobeSt.com.

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