ROCK CREEK PROPERTY GROUP SELLS 1438 U STREET IN D.C. FOR $5.7M

WASHINGTON, D.C. — Rock Creek Property Group, a commercial real estate investment firm based in Washington, D.C., has sold a two-story, 12,325-square-foot building in Washington, D.C., for $5.7 million. Rock Creek sold 1438 U Street NW, located in the 14th and U Street corridor, to the Republic of India, which plans to use the property as a new cultural center. Rock Creek originally purchased the property in December 2010.