One of the Largest U.S. Office Building Transactions of 2008Ranking
The January 7, 2009 issue of Real Estate Alert ranked Broadway Partners' $181 million sale of a Washington, DC, office building as the third largest U.S. single-property transaction of the the fourth quarter of 2008. The price per square-foot was $617.
Blank Rome represented Broadway Partners in their December 2008 disposition of 2445 M Street NW, Washington, DC, to an affiliate of Washington Real Estate Investment Trust. The Class A office building consists of 290,000 square-feet and is fully occupied.
Broadway Partners is a private real estate investment and management firm headquartered in New York. The firm invests in high quality office properties in select markets nationwide.
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