One Street Commercial Properties Acquires 3333 K Street NW Office From Legal Services Corporation For $29.3M

The property involved in this transaction is an office asset located at 3333 K Street NW in Washington, DC. The sale price was $29,300,000, and the building encompasses 69,754 square feet, translating to a price per square foot of $420.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $29,300,000
• Buyer: One Street Commercial Properties
• Seller: Legal Services Corporation (LSC)
• Buyer's Representative: McClean Partners
• Seller's Representatives: Charlie Mangold, Harry Stephens, John Sheridan, Manny Fitzgerald - CBRE & Chip Ranno - Clear Real Estate Services
• Lender: G4 Capital Partners

This transaction involved One Street Commercial Properties acquiring the property from Legal Services Corporation. The buyer plans to convert the former headquarters into housing, contributing to the trend of office-to-residential projects in Georgetown.