DC - based developer Akridge has sold its 500 sq ft boutique office building located at 1701 Rhode Island Ave NW in Washington DC after an affiliate of Exan Capital made it an offer it could n’t refuse . The property , on which WeWork signed a lease on the entire building earlier this year , was sold for a reported $ 1,016 per square foot .
DC-based developer Akridge has sold its 104,000 sq ft boutique office building located at 1701 Rhode Island Ave NW in Washington DC after an affiliate of Exan Capital made it an offer it couldn’t refuse. The property, on which WeWork signed a lease on the entire building earlier this year, was sold for a nett $1,016 per square foot.