Original Southeast commercial real estate news & events for Atlanta, Carolinas, Memphis, Miami, Nashville, Orlando and Washington D.C. metro area; plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
“The building offers a great mix of office and warehouse space and presented an excellent opportunity for this buyer,” says Jeff Henson of Lincoln Property.
Genpact, a global professional services firm headquartered in New York City, in a statement confirmed published reports of the lease deal with SUS Holdings, LLC, an affiliate of Susquehanna Holdings.
Cushman & Wakefield's Q2 report also reports that the current bright spot in the District is the CBD Class B market, which has tightened as space has been renovated into Class A.
The company has sold a 28% stake in its Manhattan office and multifamily portfolio and entered into a contract to sell 112 self storage assets for more than $1.3 billion.