2001 Pennsylvania Ave. NW Update 11/01/24

George Washington University Acquires Downtown DC Office for $35M

Carr Properties has sold 2001 Pennsylvania Ave. NW to George Washington University with a deed listing the sale price at $35,000,000. The 11-story, 158,000 SF office property is located four blocks from the White House. The property last traded in July 2014 for $107,750,000. A foreclosure notice was filed on the property this past May showing a balance of $65M+ due on the original loan.

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