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Another DC-Area Office Building Trades at Big Loss

Sale of 14th Street Property Is Latest To Put Lack of Demand for Some Older Office Buildings in Spotlight
The 1101 14th St. NW building sold in December for roughly 70% less than it traded for in 2017. (CoStar)
The 1101 14th St. NW building sold in December for roughly 70% less than it traded for in 2017. (CoStar)
By Samantha Reeves, CoStar News Staff
January 8, 2024 | 7:47 P.M.

Another 1980s-era office building in the Washington area has traded at a big loss as owners continue to shed properties at eye-catching discounts.

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