WC Smith Sells 1100 New Jersey Avenue SE Office Building In Washington DC For $43M

The 1100 New Jersey Avenue Southeast office building is a 10-story, fully leased asset located in Washington, DC, with a sale price of $43,000,000. The property encompasses 298,000 square feet, yielding a price per square foot of $144. It features retail space and is strategically positioned near the Navy Yard Metro and Capitol Hill. Furthermore, it serves as the corporate office for WC Smith and houses the Capitol Riverfront BID.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $43,000,000
• Address: 1100 New Jersey Avenue Southeast
• Market: Washington, DC
• Square Footage: 298,000
• Price per Square Foot: $144
• Seller: WC Smith

WC Smith executed the sale of the property, representing the interests of the seller in the transaction. The involvement of key parties illustrates the collaboration in the successful exchange of this office asset.