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BXP to sell downtown DC office complex at a loss

REIT to take total impairment charges of $35 million on sale of three properties
An undisclosed buyer intends to snag the Sumner Square portfolio, including the Magruder Building at 1625 M St. NW, pictured. (CoStar)
An undisclosed buyer intends to snag the Sumner Square portfolio, including the Magruder Building at 1625 M St. NW, pictured. (CoStar)

A trio of interconnected buildings in downtown Washington, D.C., is on tap to be sold, as the properties' owner focuses on building ground-up trophy office properties elsewhere in the city.

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