Rockwood Capital Acquires Victor Building In Washington DC From Brookfield Properties For $153M
750 9th Street Northwest
$153,000,000
$437/SF
Building Size
350,000 SF
Asset Type
Office
Closing
Mar 28, 2025
About this deal
AI
An office asset located at 750 9th Street Northwest, Washington, DC, was sold for a transaction price of $153,000,000. The property encompasses a total square footage of 350,000, translating to a price per square foot of approximately $437. The sale occurred on March 28, 2025.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $153,000,000
- Buyer: Rockwood Capital
- Seller: Affiliate of Brookfield Properties
- Square Footage: 350,000
- Price Per Square Foot: $437
- Market: Washington, DC
Brookfield Properties divested the Victor Building to Rockwood Capital, marking a price below its prior sale in 2005, which was $157,500,000.
On the Map
$153,000,000
$437/SF
Office
View full map
Players
Washington Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse Washington office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93