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WASHINGTON, D.C. — BGG Associates-DC and BGG Associates-DCGL have purchased a CVS/pharmacy property, which is located at 1751 Columbia Road in Washington, D.C.'s Adams Morgan neighborhood. The triple-net leased retail property sold for $11.74 million or $932 per square foot. Rick Fernandez of Calkain Cos. represented the buyer, while Jonathan Hipp and David Sobelman, also of Calkain Cos., represented the undisclosed seller in the transaction.