Elme Communities has sold an office building in the historic Watergate complex in Washington, D.C., for less than half what it paid nearly a decade ago as the real estate investment trust continues to wind down its portfolio ahead of its liquidation.
Office building in historic Watergate complex trades hands
Jetset buys DC property with sizable block of available space
CoStar News
March 9, 2026 | 7:24 P.M.
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IN THIS ARTICLE
- Properties
- Watergate 600
600 New Hampshire Ave, Washington, DC
- Companies
- Elme Communities
Real Estate
- Contacts
- Stephen Conley
Executive Managing Director, Capital Markets, JLL
- Charlie Smiroldo
Managing Director, Stream Realty Partners, LP
- Lukas Stanat
Stream Realty Partners, LP
- Josh McDonald
Associate, Stream Realty Partners, LP
- Matt Pacinelli
Managing Director, Stream Realty Partners, LP