BET Close To Selling Former HQ In Northeast DC

BET building northeast DC
Google Maps
The Former Bet Hq In Northeast Dc

Black Entertainment Television is in talks to sell its former headquarters building in Brentwood as part of 7.8-acre offering.

BET, now owned by Viacom, retained Savills Studley to market the building at 1235 W St. NE, along with two smaller adjacent buildings, in mid-2016. Savills Studley executive managing director Vernon Knarr, the broker marketing the property, said the firm is close to a deal, but could not give further details.

The BET building's value was most recently assessed at $15.2M. The property is adjacent to the Amtrak and MARC tracks, and the glass BET-labeled building can be seen from New York Avenue NE and Brentwood Road NE.

BET was acquired by Viacom in 2000 for $2.3B. The network has since moved many of its operations to Viacom properties in New York, Atlanta and California, but BET still has employees working at the Brentwood building, Knarr said. BET could not be reached for comment.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Design Plans Revealed For RFK Stadium Parking Garages, Headed To Review

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet

Office Revenues Are Failing To Keep Pace With Expenses

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

Stephen Ross Expands Palm Beach Empire With Massive Boca Raton Campus

25 Years After 9/11, Lower Manhattan Is Finally Firing On All Cylinders

Tishman Speyer Seeks $92M Tax Break For Next Hudson Yards Office Tower

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

Charles Cohen Plans $350M Office Project After Resolving Debt Ordeal

Report Finds Hybrid Work Creates New Opportunities For Women In Real Estate

SL Green Selling SoHo Building For $226M