Jamestown Properties Drops $308M On DC's One Metro Center

Law360, New York (August 5, 2013, 2:18 PM EDT) -- Jamestown Properties has acquired One Metro Center in Washington, D.C., from Clarion Partners LLC for $307.5 million, brokerage Cassidy Turley announced Monday.

The building is located at 701 13th Street NW just three blocks from the White House and contains 421,235 square feet of Class A office space, according to Cassidy Turley.

It's a 100 percent leased trophy building built on top of a Macy's department store and connected to the Metro Center Metrorail station, with a shuttle elevator that provides direct access to the Red,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.