Tishman Speyer Buys East End Building For $163M

601 D Street NW
The Patrick Henry Building At 601 D St. Nw

One of the several D.C. buildings the Department of Justice is vacating with its move to NoMa has just traded hands.

Tishman Speyer closed last week on the acquisition of 601 D St. NW for $162.8M from LHL Realty Co. D.C. LLC, according to a D.C. Recorder of Deeds filing first reported by the Washington Business Journal.

The buyer has already unveiled some of its plans for the property ahead of the sale closing. Tishman Speyer filed plans in April for a renovation project designed by the Shimoda Design Group. The renovations would include an improved stone-clad facade and upgrades to the street-level space, a less extensive overhaul than a previously pitched trophy-level project.

The 533K SF office building, known as the Patrick Henry Building, was built in 1973. It sits within a half-mile of the Gallery Place, Judiciary Square and Archives Metro stations.

The property is one of at least four buildings the DOJ is vacating for the new 500K SF Four Constitution Square office building in NoMa, where it began moving in May. It is also vacating its offices at 600 E St. NW, 1425 New York Ave. NW and 1331 Pennsylvania Ave. NW, presenting potential repositioning opportunities for the owners of those properties.

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

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

NYC Office Investor Warns It Could Go Under As Defaults Pile Up

Deutsche Bank Takes 5 Floors At Oaktree And Quadrant's Canary Wharf Scheme

Coconut Grove Office Flipped For $15M Gain After One Year

D.C.'s Office Market Is Getting A Makeover

Oxford Properties Pays $435M For Boston Office Tower, Eyes More Deals

Judge Rules FBI Can't Scrap Maryland Headquarters Plan

EXCLUSIVE: Opal Holdings' Former 700K SF Suburban Chicago Office Campus Hits The Market

CGI Merchant Had A-Rod's Backing And A $650M Fund. Then It Bought Trump's D.C. Hotel And It All Fell Apart

Judge Approves $70M Sale Of Philly's Largest Office Complex

Brookfield Offloads 3-Building Silver Spring Office Complex

Wildfires Reignite Case For Landlords To Invest In Air Quality