Since January, 2003
            
 Sliding from Before to After

I wasn't able to attend* today's foreclosure sale of 100 M Street, but word filtered to me early this afternoon that the 220,000-square-foot office building was picked up for a cool $57 million by Northwood Investors, a real estate investment management firm based in New York City. I've been told (and I'm trying to confirm) that Northwood had bought the original loan/note from Bank of America, and then had the high bid today against one other bidder, whose identity I don't know.
This appears to be Northwood's first foray into the DC market, and the rumor is that they plan to hold 100 M and get it leased up. Perhaps the DC biz media will have more on this sale in coming days....
As I wrote about previously, this sale was for the building itself and not the land, since 100 M's developers (Opus East) never bought the land and instead paid rent to the owners. You can read more about the building's history here; it opened in late 2008 and is currently about 43 percent leased.
[*My exile from blogging is coming to an end soon, I promise--though there really hasn't been much going on this week that I feel like I've missed completely, since I have managed to tweet from time to time.]
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CA says: (10/29/10 1:50 PM)
I think this is very positive for the neighborhood. The new owner will have an incentive to fill the building. Hopefully they can sign a restaurant for the ground floor space.

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City Government Data for Near Southeast Records added or updated recently displayed here; click the "archive" links to see additional detail and older records. All data from DC Government databases and RSS feeds. JDLand takes no responsibility for errors, omissions, etc. (read CapStat disclaimer). Data is retrieved daily.

Recent Crime Incidents Archive  
No records added or modified in the past two weeks.

Recent Issued Building Permits Archive  
1402 1ST ST SE   
11/25/19 
UNITED STATES OF AMERICA / DAVID C POSTLEWAITE
SB1900412 / CONSTRUCTION
Parcel G2:WSP will complete four borings up to the deepest potential subgrade elevation (approx. 32 ft. bgs). The proposed boring locations would be in the four quadrants of Parcel G2 to check for spatial variability in contaminant concentrations. WSP will collect and analyze three soil samples from each boring from depths corresponding to potential subgrade elevations (i.e. 10-12 ft. bgs, 20-22 ...
1212 4TH ST SE   
11/25/19 
FC 1212 LLC / TAMIKA STATON; OTIS
ER2000409 / SHOP DRAWING
Replace governor car #2 - Part #: TBA20641H6 Replace hoist belts #1 and #4 - Part #: SB0003119
1300 4TH ST SE   
11/15/19 
ASANA PARTNERS / DEBRA MARSHALL; THE DONOHOE COMPANIES INC
B2001773 / CONSTRUCTION
ADD EXTERIOR DOOR, ADD INTERIOR DOOR , ANY RELAYED,ELECTRICAL,PLUMBING, RELOCATING UNBUILT APPROVED NON LOAD BEARING FIRE RATED PARTITIONS @ FIRST FLOOR APPROVED UNDER PERMIT #B1711970. ATTACHED
   
12/06/19 
ASANA PARTNERS / S.A. COMUNALE; S.A. COMUNALE
P2001954 / SUPPLEMENTAL
1346 4TH ST SE   
12/06/19 
KAITLYNN MATTEO / W. SAKIE - BHAR; W. SAKIE - BHAR; NA
SG2000117 / CONSTRUCTION
Install one set of non illuminated sign on to existing store front building
861 NEW JERSEY AVE SE   
11/15/19 
CSX TRANSPORTATION INC / ERICKA CLARK; DGS CONSTRUCTION
TC2000008 / CONSTRUCTION
(2) tower cranes
   
11/26/19 
GREYSTAR GP I I, LLC / KIM MITCHELL; KIM MITCHELL
FD1900040 / CONSTRUCTION
TWO BELOW GRADE PRKING LEVELS, CONCRETE FOUNDATION WALLS, SLAB ON GRADE, COLUMNS ELEVATED DECKS UP TO GRADE WITH UNDERGROUND UTILITIES (MECHANICAL, PLUMBING, ELECTRICAL)
   
12/05/19 
MIKE ALLEN / JANE MCCRAY
AH2000244 / CONSTRUCTION
WO# 1611441 - Mike Allen / P. Helgeson. Pepco to install network transformer
1111 NEW JERSEY AVE SE   
11/15/19 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / TANYA HILL; THYSSENKRUPP
ER2000366 / SHOP DRAWING
REPLACE EXISTING 8MM WORN HOIST CABLES WITH LIKE IN KIND ON ELEVATOR #4. WORK TO ALLOW UNIT TO BE RETURNED TO SERVICE.
125 O ST SE   
11/25/19 
DISTRICT OF COLUMBIA / DAVID C POSTLEWAITE
SB1900411 / CONSTRUCTION
WSP will complete three borings up to the deepest potential subgrade elevation (approx. 32 ft. bgs). WSP assumes that borings will not be installed inside the fleet maintenance facility due to access restrictions imposed by DC Water. The proposed boring locations form an ā€˜Lā€™ shape around the eastern and southern sides of the fleet maintenance facility. WSP will collect and analyze three soil samp...
71 POTOMAC AVE SE   
12/06/19 
MPR REALTY / BOB BIROONAK; BOB BIROONAK; ART DISPLAY CO
SG2000099 / CONSTRUCTION
One building name MAREN Two set of address numbers all signs are non-illuminated
201 TINGEY ST SE   
11/14/19 
BROOKFIELD PROPERTIES / DFM DEVELOPMENT SERVICES, LLC
AH2000197 / CONSTRUCTION
Afterhours work at Tingey Square Project. The work performed will be forming, prepping and paving at Tingey Square park. Friday and Saturday the 15th & 16th, from 7PM to midnight. If required, Sunday the 17th from 7AM to 3PM. ANC Support provided. Associated Permit Include PA328164-R1 and PA10760162.
227 TINGEY ST SE   
12/02/19 
FC 227 LLC / KAYLA SHATTUCK; BROOKFIELD PROPERTIES MANAGEMENT LLC.
RW1900122 / CONSTRUCTION
Construction of new retaining wall located between Canal Street St and Third Street, SE.
300 TINGEY ST SE   
12/04/19 
FC BOILERMAKER LLC / ROBERT S. WATTS; ROBERT S. WATTS
E2002289 / SUPPLEMENTAL
AH = After Hours; B = Alteration & Repair; D = Demolition; E = Electrical; FB = Boiler; M = Mechanical; P = Plumbing and Gas; PC = Post Card; R = Raze; SG = Sign; TL = Tenant Layout; TN = Tent; RW = Retaining Wall;

Real Property Sales Archive  
No commercial transaction records added or modified in the past two weeks.


Project Directory
Completed
Novel South Capitol ('19)
Yards/Guild Apts. ('19)
Capper/The Harlow ('19)
New DC Water HQ ('19)
Yards/Bower Condos ('19)
Virginia Ave. Tunnel ('19)
99 M ('18)
Agora ('18)
1221 Van ('18)
District Winery ('17)
Insignia on M ('17)
F1rst/Residence Inn ('17)
One Hill South ('17)
Homewood Suites ('16)
ORE 82 ('16)
The Bixby ('16)
Dock 79 ('16)
Community Center ('16)
The Brig ('16)
Park Chelsea ('16)
Yards/Arris ('16)
Hampton Inn ('15)
Southeast Blvd. ('15)
11th St. Bridges ('15)
Parc Riverside ('14)
Twelve12/Yards ('14)
Lumber Shed ('13)
Boilermaker Shops ('13)
Camden South Cap. ('13)
Canal Park ('12)
Capitol Quarter ('12)
225 Virginia/200 I ('12)
Foundry Lofts ('12)
1015 Half Street ('10)
Yards Park ('10)
Velocity Condos ('09)
Teague Park ('09)
909 New Jersey Ave. ('09)
55 M ('09)
100 M ('08)
Onyx ('08)
70/100 I ('08)
Nationals Park ('08)
Seniors Bldg Demo ('07)
400 M ('07)
Douglass Bridge Fix ('07)
US DOT HQ ('07)
20 M ('07)
Capper Seniors 1 ('06)
Capitol Hill Tower ('06)
Courtyard/Marriott ('06)
Marine Barracks ('04)


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