Taicoon Property Partners Acquires 1899 L Street NW Office For $26.65M
Taicoon Property Partners Acquires 1899 L Street NW Office For $26.65M
1899 L Street Northwest
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The 12-story office building located at 1899 L Street NW in downtown DC was sold for $26,650,000. The property, constructed in the 1970s, spans over 150,000 square feet. Taicoon Property Partners acquired this office asset with Stream Realty Partners acting as the buyer's representative in the transaction.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $26,650,000
- Address: 1899 L Street Northwest
- Market: Washington, DC
- Square Footage: 150,000
- Price per Square Foot: $178
- Buyer: Taicoon Property Partners
- Broker: Stream Realty Partners
Taicoon Property Partners made the significant purchase of the office building, showcasing their interest in expanding their real estate portfolio. Stream Realty Partners played a crucial role in facilitating the deal, ensuring a successful transaction for both parties involved.
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