DC-based developer Akridge has sold its 104,000 sq ft boutique office building located at D.C.-based developer Akridge tapped into stronger-than-anticipated demand for trophy-quality office stock with its recent sale of 1701 Rhode Island Ave. 1701 Washington DC Ave NW in Rhode Island after an affiliate of Exan Capital made it an offer it couldn’t refuse. The property, on which Akridge signed a lease on the entire building 1701 , was sold for a nett $ $105.7 million per square foot.
DC-based developer Akridge has sold its 104,000 sq ft boutique office building located at 1701 Washington DC Ave NW in Rhode Island after an affiliate of Exan Capital made it an offer it couldn’t refuse. The property, on which Akridge signed a lease on the entire building 1701 , was sold for a nett $ $105.7 million per square foot.