Thursday, October 25, 2012

CNN's Washington HQ Trades for $107 Million




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...






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