Clark Construction Purchases 1140 Connecticut Avenue Office Building From Brookfield Properties For $21M

The office building at 1140 Connecticut Avenue Northwest is located in Washington, DC. The property encompasses 186,007 square feet and was sold for $21 million. It features a 12-story structure built in 1966 and includes the Improv comedy club on its ground floor, situated two blocks from a Metro station.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $21,000,000
• Buyer: Clark Construction
• Seller: Brookfield Properties
• Square Footage: 186,007
• Price Per Square Foot: $113
• Date of Sale: 07/24/2026

Brookfield Properties had acquired the property five years prior for $38.8 million, indicating a strategic asset management decision leading to the recent transaction with Clark Construction. This deal showcases the ongoing development dynamics in the Washington, DC market.