ARLINGTON, VA. — Washington, D.C.-based MRP Realty and New York City-based Angelo, Gordon & Co. have purchased the 212,000-square-foot Hartford Building from Multi-Employer Property Trust, which was advised by Kennedy Associates Real Estate Counsel. The purchase price of the nine-story, Class A office building was not disclosed.
The 6-year-old property, located at 3101 Wilson Blvd. in Arlington, is 100 percent occupied. Major tenants include Georgetown University and the architecture firm DMJM. Amenities include a fitness facility, a rooftop terrace and computerized access to the property. The first floor houses a TD Bank and the Georgetown Entertainment Group restaurant Sette Bello.
“The Hartford Building represented a compelling opportunity given the excellent condition of the market and the building’s superb tenancy,” says Bob Murphy, managing principal of MRP Realty.
Warren Dahlstrom and Brian Dawson of Cushman & Wakefield represented the seller
— Jon Ross