Warner Building Trades for $606/sf
JBG Smith Properties Inc., the developer of Amazon’s future Virginia headquarters, has sold the 621,000sf Warner Building in DC to CBRE Global Investors for $375.5 million ($606/sf), according to Globest. Built in 1924, the 13-story mixed use property located at 1299 Pennsylvania Avenue NW last sold in October 2010 for $445 million.
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