An affiliate of Douglas Development Corp. bought an office building in Northern Virginia's Rosslyn neighborhood for less than half of what it sold for five years ago as pricing in the greater Washington, D.C., market remains depressed.
Office building near DC sold for less than 2020 price with values in recovery mode
Douglas' Jemal Equities pays $28 million for 1530 Wilson Blvd. in Northern Virginia
CoStar News
October 21, 2025 | 7:17 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Douglas Development Corporation
Construction
- Contacts
- Ryan Ferguson
Capital Markets & Structured Finance Manager, Douglas Development Corporation
- Matthew Jemal
Managing Principal, Douglas Development Corporation
- Shaun Collins
Managing Director, Cushman & Wakefield
- Drew Flood
Vice Chair, Cushman & Wakefield
- Isaac Rudin
Manager, Capital Markets & Investments, Douglas Development Corporation