Jan
11
Another $1,000 Plus Per Square Foot Sale
ByIt’s always a full house at RealShare Philadelphia. The Union League, February 9.
Some of these trades have been around the Dupont Circle area.WASHINGTON, DC—There have been a handful of sales in the Washington DC area that have met or exceeded $1,000 per square foot. Another deal, brokered by Calkain Urban Investment Advisors, now joins the list.400 1st St., SE, otherwise known as the Tortilla Coast Building, has traded for $7.3 million, or close to $1,100 square feet. The buyer is a private investment group based in New York that is expanding its local portfolio, according to Calkain Urban Investment Advisors, which is a division of Calkain Cos.
400 1st St., SE is a two tenant triple net leased office and restaurant building. It is across the street from the Capitol South Metro Station…
