The Portals - 1250 Maryland Ave. SW Update 12/15/23

London-Based Firm Acquires The Portals Office for $154M

Henderson Park, a private equity real estate manager headquartered in London has acquired 1250 Maryland Ave. SW for $154,865,880. Prior plans for the 8-story office building called for the conversion to 446 residential units. In September of 2022, Henderson Park acquired the neighboring Mandarin Oriental Hotel for $139M.

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