Donohoe, USAA Purchase Office Building in Metro D.C. for $105.7M
BETHESDA, MD. — The Donohoe Cos. and USAA Real Estate have acquired 7101 Wisconsin Ave., a 230,904-square-foot office building in Bethesda, a suburb of Washington, D.C. HFF marketed the property on behalf of the seller, a joint venture between Brandywine Realty Trust and Allstate Investments, and procured the buyers. The Washington Business Journal reports the asset sold for $105.7 million. Situated a quarter-mile from the Bethesda Metrorail Station, 7101 Wisconsin was renovated in 2015 with an updated entrance, new lobby and updated conference facility and common areas. At the time of sale, the property was 97 percent leased to tenants including The Donohoe Cos. and Miller & Long Co. Inc.