Rosslyn Metro Center Sells for $180M

The Rosslyn Metro Center has sold for $180M to American Real Estate Partners. The building was placed on the market with DTZ by owner Clover Management in November 2014. Located at 1700 N Moore St and connected directly to the Metro station, the 22-story, 409k SF office building is 89% occupied. The building was rumored to have sold in March for $175M, according to GlobeSt. Rosslyn has been experiencing an unusual period of vacancy, which is a lingering effect of BRAC. New supply at 1812 N Moore is largely vacant a year after hitting the market; other projects such as JBG's Central Place are moving forward. [GS]

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

Salesforce Plans Innovation Hub Downtown: The D.C. Deal Sheet

Morningstar Releases New Details On Over 350K SF In Q3 Office Leases

Master Plan Is Underway For Southwest D.C., Chief Federal Planner Says

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

'Distress Is Finally Trading': Investors Chasing Big Discounts On Boston Office

Office Recovery Moving Faster Than Expected, CoStar Finds

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague

Related, Oxford Land Tenant For Top Floors Of 70 Hudson Yards

BXP Execs See Better Returns In Building Offices Than Buying Them

Downtown Office Tower Sells At Foreclosure Auction For $260M

Houston's Office Woes Are Getting Too Expensive To Fix