Normandy Real Estate Partners Sells Office Building in D.C. for $104.6M

WASHINGTON, D.C. — Normandy Real Estate Partners has sold 950 L’Enfant Plaza, a 315,726-square-foot office building in Washington, D.C., for $104.6 million. The nine-story building was 86 percent leased at the time of sale. I.M. Pei designed the property, which is situated within the 2.5 million-square-foot L’Enfant Plaza mixed-use development. The asset overlooks the Southwest Waterfront and has access to the L’Enfant Metrorail Station and is two blocks from the Virginia Railway Express Station. Matt Nicholson, Jim Meisel, Andrew Weir, Stephen Conley and Dave Baker of JLL represented the seller in the transaction. The buyer was not disclosed.