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Starbucks Sale Sets Record

Harbor Group's $16.2M purchase of the Dupont Circle Starbucks (brokered by Calkain's Rick Fernandez, with sons Alex and Jack at a Nats game) set a per SF record in the area for a net-leased property, Calkain says, checking in at $1,672/SF. Rick, who repped seller Lakritz Adler with colleague David Sobelman, tells us the big number "signals the value that investors and real estate professionals from outside our region hold for Washington, DC real estate." (And caffeine.)