4/23/2009

Dividend Capital acquires Washington, D.C. office building for $63.6M

by
Denver, Colo.-based Dividend Capital Total Realty Trust, Inc. has purchased a downtown Washington, D.C. office building for $63.6 million.

Holliday Fenoglio Fowler arranged $36.5 million in financing for the sale.

The building at 1300 Connecticut Ave. NW is a 125,885-square-foot near Dupont Circle in Washington's central business district. Renovated in 1994, the building is 98 percent leased to 12 tenants including IAM National Pension Fund, VISA USA and PFC Energy.

Address: 1300 Connecticut Ave. NW, Washington, D.C.

Size: 125,885 square feet

Built: Renovated in 1994

---

Filed Under: Office

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us

Comments on this article

No comments have been posted in the last 15 days!

Send us your comments on this article

* - Required fields Subject: * Message: * Contact Name: * Contact URL: Contact Email: * Write the characters in the image above:

Related Headlines

• Colliers International welcomes three brokers in California - 5/29/2009
• Texas hotel sells for $4.275M - 5/29/2009
• Massey Knakal lists NoHo retail building for $5.95M - 5/29/2009
• California industrial building sells for nearly $3 million - 5/29/2009
• NAI facilitates sale of Alaska mixed-use building - 5/28/2009
• Long Beach retail center commands $6.05M - 5/28/2009
• Florida land fetches $2.725M - 5/28/2009
• Marcus & Millichap list Virginia retail store for more than $10.2M - 5/28/2009
• Colliers Arnold stays busy in Tampa - 5/27/2009
• Colliers sells two buildings in California - 5/27/2009