HFF Closes on 125,120-SF D.C. Office Building
- Dec 14, 2010
December 14, 2010
By Allison Landa, News Editor
Holliday Fenoglio Fowler L.P. has completed the $49.5 million sale of 1211 Connecticut Ave., N.W., a 125,119-square-foot office building in Washington, D.C.’s central business district. Also known as Longfellow Plaza, the property is situated in the city’s Golden Triangle near the Farragut West and Dupont Circle Metro stations.
Renovated in 2008, the building has eight fully leased stories of office space that are home to tenants including International Resources Group, TSI Conn Ave L.L.C. and Washington Sports Clubs. It also has ground-floor retail and an underground parking garage.
The seller, Harbor Group International L.L.C., was represented by HFF senior managing directors Jim Meisel and Dek Potts. The buyer, First Potomac Realty Trust, bought the property free and clear of debt.
According to Meisel, the property is a core office building in a Class A location along one of the city’s most high-profile boulevards.