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WASHINGTON, D.C. — An affiliate of Harbor Group International has acquired Longfellow Plaza in Washington, D.C. for $35.2 million. The eight-story property totals 125,119 square feet and is located at 1211 Connecticut Ave. within an area of the Washington office market known as the “Golden Triangle.” Harbor Group purchased the property from an affiliate of BlackRock Realty.

Longfellow Plaza was constructed in 1967. It features three levels of underground parking and has received more than $1.1 million in renovations during the past 3 years. It is currently 99 percent occupied by a tenant roster that includes International Resources Group and Washington Sports Club. Other tenants include architects, lawyers, embassies, policy analysis and research organizations, consultants and non-profit groups.

“We feel as good about the D.C. market as any market, as a result of government spending and the office demand. In this lending environment it is difficult to get financing, and we had a lot of interest from the lending community to finance this deal, which speaks to the strength of it,” says Richard Litton, president of Harbor Group International.

Gerry Trainor with the Washington office of Transwestern represented the undisclosed seller in the transaction.

— Coleman Wood

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