Harbor Group International Sells Office Building in D.C. for $140.5M

WASHINGTON, D.C. — Harbor Group International (HGI) has sold a 297,238-square-foot office building located at 820 First St. in Washington, D.C., for $140.5 million. The building’s anchor tenant is the regional headquarters of CNN. HGI, along with investment partners Capstone Equities and Image Capital, purchased the office building in October 2012 for $107 million. Built in 1990, the 11-story building in D.C.’s Capitol Hill North submarket was 96 percent leased at the time of sale to tenants such as Accenture and various U.S. government agencies.