This is the third time the site has changed hands since construction on the second office building was completed in 2003, with Bernstein Cos. selling it for
$92 million in 2004, and then
Brickman Associates reportedly paying
$115 million in October of 2005. The site, which has two completed office buildings with 100 percent occupancy, has included plans for two additional 175,000-square-foot office buildings and a 250-room hotel; leasing is handled by
Lincoln Property Company. The land beneath the buildings and plans, however, continues to be owned by Washington Gas, as it has been since pretty much the dawn of time.
[The rumors of this sale were reported
back in early August, and I'm exhausted from three days of dealing with computer issues after my one-year-old machine up and croaked, forcing me to buy a new box, so apologies for basically just pasting-and-editing my previous entry. I figure no one read it anyway. :-) ]