MITSUI FUDOSAN TO ACQUIRE INTEREST IN HOMER BUILDING FOR $252M

WASHINGTON, D.C. — New York City-based Mitsui Fudosan America has entered into an agreement to acquire an 80 percent partnership interest in the 421,901-square-foot Homer Building, a trophy office building located at 601 13th St. NW in Washington, D.C., from Sydney, Australia-based Investa Office Fund for $252 million. The building is currently 90 percent leased to tenants include Amgen, General Mills and Toyota. Clarion Partners is representing the seller in the transaction, which is expected to close in January of 2012. Eastdil Secured is representing the buyer.