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Near Southeast DC Past News Items: Mar 02, 2012
In the Pipeline
25 M
Yards/Parcel I
Chiller Site Condos
Yards/Parcel A
1333 M St.
More Capper Apts.
Yards/DC Water site
New Marine Barracks
Nat'l Community Church
Factory 202/Yards
SC1100
Completed
Thompson Hotel ('20)
West Half ('19)
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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1 Blog Posts

I'm hearing that 100 M Street, the 220,000-square-foot office building on the northeast corner of 1st and M, is up for sale. This is the building that was completed in late 2008 by Opus East, then spent some time in limbo during Opus's Chapter 7 liquidation. It was picked up in foreclosure for $57 million in fall 2010 by Northwood Investors.
I know little about this other than the fact it's on the market and being marketed by CBRE, so I don't know if this is a sale of just the building, like last time, given that the land is owned separately.
Anticipating the next question, there's been no news lately of a deal to rent the corner retail space, despite rumors last year that restaurant/brewery Gordon Biersch was interested.
The building's next door neighbor, the Onyx on First apartment building, was put on the blocks twice last year, but so far there's no indication of a deal. A couple blocks to the north, the neighborhood's three apartment buildings developed by JPI are under contract to be sold. And Opus East's other office development in Near Southeast, 1015 Half Street, is apparently being bought by Prudential Real Estate Investors after construction was completed by the Douglas Wilson Companies.
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