May
01
Two DC Office Buildings Sell for $259M
ByWestbrook Partners and TIER REIT sold the two buildings to UNIZO Holdings after completing significant repositionings of the buildings. The transaction reflects TIER REIT’s continuing strategy of exiting non-target markets.
Westbrook Partners and TIER REIT recently sold 1325 and 1341 G St. (the Colorado Building), two Class A office buildings in Washington, D.C.’s East End submarket, to UNIZO Holdings Co. for $259 million.
HFF represented both parties in the 440,419-square-foot, off-market transaction…