MEAG, the asset-management arm of German multinational insurance giant Munich Re Group, is listing for sale Columbia Square, a venerable 600K trophy office building a short walk from the White House at 555 13th Street NW.

MEAG has given the listing to Cushman & Wakefield. The building has been valued at close to $500M, which at $833 per SF would result in a buyer's annual yield of 5.5%, according to a Green Street report.

If Columbia Square hits the target, it will become the priciest full-stake office deal in DC since 2020.

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