Since January, 2003
            
 Sliding from Before to After

Hot on the heels of the sales (completed and pending) of JPI's three "Capitol Yards" buildings, there's another notice in another lobby that a neighborhood apartment building is under contract to be sold. This time it's Onyx on First, the 266-unit apartment building on the southeast corner of 1st and L, which was developed by Faison with an assist from Canyon-Johnson Urban Fund and opened in late 2008.
The sale price is listed on the form as $82.25 million, with the buyer being ERP Operating Limited Partnership, which is the operating partnership of Equity Residential, owner of a slew of DC-area buildings including 425 Mass and 2400 M, as well as a huge slate of properties around the country. (As an aside, the company was started by Sam Zell, a name that certainly has resonance for folks in the newspaper biz.)
Onyx went on the market more than a year ago, but that initial offering didn't result in a buyer so it was re-offered later last year. The notice to tenants specified that there are only 11 units currently unoccupied.
As we all learned during the JPI sales, it's required by DC law that residential buildings of more than five units under contract to be sold be offered to residents to purchase. (Insert here my standard joke about looking in the sofa cushions for $82 million in spare change.)
JPI's Axiom and 909 buildings were sold for around $95 million each, with the the Jefferson's contract price/purchase price for tenants listed at about $165 million.
Onyx's next-door neighbor, the office building 100 M, was put up for sale in March. (Which is apparently just now news to WBJ, though I had heard rumors that it had been taken off the market after that original offering, so maybe this is a new push.)
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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  
400 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 10/19/17
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 10/19/17
1400 B/O SOUTH CAPITOL ST   ROBBERY  10/18/17
100 B/O M ST SE   ASSAULT WITH A DANGEROUS WEAPON  10/15/17
1000 B/O O ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 10/15/17
100 B/O I ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 10/13/17
300 B/O TINGEY ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 10/13/17
300 B/O TINGEY ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 10/11/17
900 B/O M ST SE   BURGLARY
Burglary Two
 10/09/17
100 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 10/07/17
500 B/O M ST SE   ASSAULT WITH A DANGEROUS WEAPON  10/02/17
100 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/30/17
300 B/O WATER ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/29/17
UNIT B/O N ST SE   THEFT
Theft First Degree (all Other Larceny)
 09/29/17
500 B/O L ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/28/17
50 B/O L ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 09/28/17
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 09/28/17
1100 B/O NEW JERSEY AVE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/26/17
1000 B/O 2ND PLACE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/26/17
50 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 09/25/17
400 B/O M ST SE   THEFT
Theft 2nd Degree (theft From Building)
 09/24/17
1100 B/O 8TH ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 09/24/17
1000 B/O 7TH ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 09/24/17
900 B/O 4TH ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 09/21/17

Recent Issued Building Permits Archive  
No records added or modified in the past two weeks.

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


Project Directory
Completed
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)


Overviews
Capper/Carrollsburg
Anacostia Riverwalk
New Jersey Avenue
M Street
South Capitol Street
The Yards
Lower 8th Street
East M Street
Boathouse Row





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