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Virginia Firm Buys Downtown DC Office Building, Plans Upgrades

Taicoon Property Partners Acquires 1899 L St. NW From BlackRock
Taicoon Property Partners acquired 1899 L St. NW for nearly $20 million less than its 2004 price. (CoStar)
Taicoon Property Partners acquired 1899 L St. NW for nearly $20 million less than its 2004 price. (CoStar)
By Joshua Leslie
May 3, 2024 | 9:03 P.M.

A Northern Virginia firm has acquired a discounted office building in downtown Washington, D.C., with plans to expand on renovations carried out by the former owner as it looks to entice new tenants.

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