JOINT VENTURE TAKES 291,480-SQUARE-FOOT OFFICE BUILDING IN D.C.

WASHINGTON, D.C. — The Rockefeller Group has partnered with Mitsubishi Estate New York to acquire 1101 K Street Northwest in Washington, D.C. A joint venture between JBG Companies and Rockwood Capital sold the Class A office for an undisclosed price. Built in 2006, the 10-story, 291,480-square-foot property is currently 80 percent occupied. The property features a two-story lobby, 9- to 10-foot ceiling heights, floor-to-ceiling windows, a rooftop deck, a fitness center, state-of-the-art building systems, underground parking and a restaurant, Brasserie Beck.