HFF, Inc. : HFF Closes $147.5 Million Sale of 801 9th Street, NW in Washington, D.C.
03/01/2012| 05:05pm US/Eastern
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HFF announced today that it has closed the sale of 801 9th Street,
NW, a 236,054 square-foot, Class A office building in Washington, D.C.
on behalf of the seller, Wereldhave USA.
The purchaser, NSP Ventures, acquired the property for $147.5 million
and was represented by J Street Companies.
801 9th Street NW is fully leased on a triple net basis to
the United States Mint through September 2019. The eight-story property
features Level III security and a two-level, 190-space underground
parking garage. Situated across from the CityCenterDC project that broke
ground in April 2011, the property is close to the Gallery Place Metro
Station, the Verizon Center and the New Convention Center in downtown
Washington, D.C.
The HFF investment sales team representing the seller was led by
executive managing director Stephen Conley, and by senior managing
directors Jim Meisel, Dek Potts, and Andrew Weir.
Holliday Fenoglio Fowler, LP ("HFF") and HFF Securities LP ("HFFS") are
owned by HFF, Inc. (NYSE: HF). HFF operates out of 20 offices nationwide
and is a leading provider of commercial real estate and capital markets
services to the U.S. commercial real estate industry. HFF together with
its affiliate HFFS offer clients a fully integrated national capital
markets platform including debt placement, investment sales, advisory
services, structured finance, private equity, loan sales, and commercial
loan servicing. www.hfflp.com.
HFF
Stephen C. Conley, (202) 533-2500
Executive
Managing Director
sconley@hfflp.com
or
James
A. Meisel, (202) 533-2500
Senior Managing Director
jmeisel@hfflp.com
or
Stephen
?Dek? Potts, (202) 533-2500
Senior Managing Director
dpotts@hfflp.com
or
Andrew
M. Weir, (202) 533-2500
Senior Managing Director
aweir@hfflp.com
or
Kristen
M. Murphy, (713) 852-3500
Associate Director, Marketing
krmurphy@hfflp.com
© Business Wire 2012
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