National Commercial Real Estate News From CoStar Group
CNN's Washington HQ Trades for $107 Million
Baltimore-based Greenebaum & Rose Associates sold 820 First St. NE in Washington, DC, to affiliates of Harbor Group International LLC, Capstone Equities and Image Capital for $107 million or $358 per square foot.
The 11-story, 298,533-square-foot, Class A office building serves as the DC headquarters of Cable News Network (CNN). Other tenants of the 99 percent leased property include Accenture, Turner Broadcasting System Inc. and the U.S. Department...