REBusinessOnline

Investcorp Buys Office Building in D.C. for $180M

733 10th Street Washington DC

The 170,813-square-foot office building is located at 733 10th St. in Washington, D.C.’s East End office submarket.

WASHINGTON, D.C. — Investcorp has purchased a 170,813-square-foot office building located at 733 10th St. in Washington, D.C.’s East End office submarket for $180 million. The Class A office building was fully leased at the time of sale. Investcorp purchased the property with its joint venture partner, ScanlanKemperBard. In the last 12 months, Investcorp’s total real estate acquisitions have exceeded $1.5 billion in gross asset value.

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