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

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

DivcoWest Sells Glendale Office Building For $70M

Hines And Rialto Close Office Credit Fund At $1.1B

Rig Collapse At Citadel HQ Site Sends 4 To Hospital

Northern Virginia Office Tower Sells For Double Its 2024 Price

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