ROCKROSE TO BUY D.C. OFFICE BUILDING FOR $55M

WASHINGTON, D.C. — Rockrose Development Corp. has entered into an agreement to acquire a 112,687-square-foot office building, located at 1900 M Street NW in Washington, D.C., for $55 million. The property is 89 percent leased. Tenants include Levick Strategic Communications, Sherman Meehan and State Farm Insurance. Gerald Trainor of Transwestern is representing the seller in the transaction. Rockrose is self-represented by Craig Deitelzweig.