Two more pieces about Opus East's purchase last week of the Nation site at
1015 Half Street; the
Washington Business Journal today has a pretty straightforward brief, while
yesterday's Washington Times has a longer piece that also discusses the Near Southeast commercial real estate market. (But there's one small quibble with the second sentence of this piece: "Although office buildings are nothing new for Opus East, building one on speculation in Southeast is unusual" is kinda sorta forgetting about Opus's
100 M Street project a mere two blocks away.)
1015 Half to be Green; 100 M on the Market
Jul 18, 2007 10:22 AM
GlobeSt.com has a piece (free for seven days) on Opus East's purchase of the Nation site at
1015 Half Street--not really anything new from what
I posted on Monday (441,000 sq ft, construction starting in October, $41.5 million price tag) except that the developers will apply for
LEED Silver certification on the project (i.e., it'll be a "green" building). But mainly I'm using this new article as a hook to mention that Opus has put its
100 M Street building on the market as part of a three-building Class A office building portfolio (see Grubb and Ellis's listings
here, which include this portfolio.) From what I understand, Opus would stay on as developer until the certificate of occupancy on 100 M is obtained. Looks like the deadline for offers is tomorrow, so get your checkbooks out.
Opus East Buys Nation Site
Jul 16, 2007 3:30 PM
The word has arrived that last week the rumored sale of the old Nation nightclub site at
1015 Half Street was completed, with
Opus East (backed by institutional investors) paying a rumored $41.5 million for both the land and the existing plans for a 411,000-sq-ft office building. The fine folks at Opus tell me that they are planning to start construction (on spec) in October, with delivery of the building by October 2009. You can see a rendering of the glass-a-riffic building, which will front Half, K, and L streets, on my
1015 Half Street page.
102 Posts:
Go to Page:
1 |
2 |
3 |
4 |
5 |
6
