Boulder, Colorado (PRWEB) January 10, 2022 The Crabtree Team of The Colorado Group, a leader in commercial real estate services, is pleased to announce the
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Boutique Washington, D.C. office building sold for $58.5M
WASHINGTON, D.C., Jan. 6, 2021 -JLL Capital Markets announced today that it has closed the $58.5 million leasehold sale of 1717 Rhode Island, a 157,050-square-foot boutique office building in the heart of downtown Washington, D.C.
JLL marketed the property on behalf of the seller, BentallGreenOak. Tritower Financial Group purchased the asset.
1717 Rhode Island provides a first-class amenity package that includes private terraces on the upper floors, a fitness center, two-story lobby and a three-level parking garage. The property is 86 percent leased with 7.3 years of WALT to six tenants, including Uber, which uses the property as its East Coast hub; Steve Case s Revolution; and The Case Foundation.