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We'll Take It for $113M

We'll Take It for $113M
Shops at Wisconsin Place, DC
Not just political candidates want to be DC outsiders. New England Development sold Shops at Wisconsin Place, the 118k SF retail component of its mixed-use Wisconsin Place in DC, to TIAA-CREF for $113M. Located six miles from the Capitol, the retail space is 99% leased to 17 tenants, anchored by a Whole Foods and shadow anchored by Bloomingdale?s. The complex also features offices and luxury rental apartments. Cushman & Wakefield's capital markets group of Rob Griffin, Geoffrey Millerd, and Allen Potts repped the seller and found the buyer.