JSR Management Acquires Harbor Light Center In Washington DC From The Salvation Army For $11.5M

The property involved in the transaction is a special purpose asset located at 2100 New York Avenue Northeast in Washington, DC. The sale price for the 60,352-square-foot property was $11,500,000, which translates to approximately $191 per square foot.

Summary of transaction details:

• Property Type: Special Purpose
• Transaction Amount: $11,500,000
• Address: 2100 New York Avenue Northeast
• Market: Washington, DC
• Square Footage: 60,352
• Price Per Square Foot: $191
• Buyer: JSR Management
• Seller: The Salvation Army
• Broker: Feldman Ruel

Feldman Ruel represented The Salvation Army in the transaction. JSR Management acquired the Harbor Light Center property through this deal.