WASHINGTON, DC–Boston-based Marcus Partners has acquired a CBD boutique office for an undisclosed price. The Jefferson Building, located at at 1225 19th St., NW, was sold by Invesco Real Estate.
Home to The Palm, the building is situated along Restaurant Row, two blocks from Dupont Circle.
HFF represented the seller as well as arranged acquisition financing through a balance sheet lender.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.