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,...
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