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Transactions - AUGUST 29, 2019

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Spanish investor acquires office in Washington, D.C.

by Andrea Zander

A Blackstone affiliate sold a roughly 217,000-square-foot office building in Washington, D.C., to an affiliate of Spanish investor Ponte Gadea for $231.25 million, according The Washington Business Journal.

The office is located at 815 Connecticut Ave. NW, two blocks north of the White House.

Blackstone bought the building for $190 million in 2016.

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