Kairos Investment Management Co Acquires Office Building In Washington, DC For $36M

An affiliate of Kairos Investment Management Co., based in Irvine, California, has acquired the downtown D.C. office building at 1250 Eye St. NW for $36 million. The property, located in Washington, DC, is an office building with a total square footage of 178,000. The sale price per square foot was $202.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $36,000,000
• Address: 1250 Eye St. NW
• Market: Washington, DC

Carl Chang of Kairos Investment Management Co. represented the buyer in this transaction, while Doug Donatelli and Nick Smith of DSC Partners LLC represented the seller. The deal was closed on December 29, 2023.