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European Investor Buys 1411 K for $15.8M

Group Sells 65,200-SF Office Building for $242/SF
By Kenny Cooper
June 15, 2005 | 8:30 P.M.

The property at 1411 K St. NW in Washington, DC, has been sold to a European client of Binswanger International for $15.8 million, or about $242 per square feet. The seller, 1411 K Street Holdings, sold the property at an 84% occupancy rate.

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