The bar has been raised for the priciest office sale to date this year in DC with Mori Trust's acquisition of 601 Massachusetts Avenue NW, the former NPR headquarters, for $531M.
In fact, Mori's deal is the most lucrative in DC since 2020.
The Tokyo-based firm purchased the 479K SF building from Boston Properties, which developed the property in 2015 for $350M. The building is located in the Mount/Vernon Triangle/Chinatown neighborhood in proximity to the Capital One Arena and the city's convention center.
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