Today’s Top Story: Two Constitution Square Sells for $305 Million

June 29, 2010

Today's Top Story June 29, 2010 Two Constitution Square Sells for $305 Million Washington, D.C.: Bethesda, MD based StonebridgeCarras and Chicago based Walton Street Capital have sold Two Constitution Square to Northwestern Mutual for $305 million. The newly constructed building is located at 145 N Street within the Constitution Square mixed-use project. Its 589,000 square feet are completely leased to the U.S. General Services Administration (GSA) for use by the Department of Justice (DOJ). The tenant build-out is currently under way, with the DOJ expecting to take occupancy by late fall. The project is also registered for LEED-Platinum certification, which it anticipates receiving later this summer.

Today’s Top Story June 29, 2010

Two Constitution Square Sells for $305 Million

Washington, D.C.:  Bethesda, MD based StonebridgeCarras and Chicago based Walton Street Capital have sold Two Constitution Square to Northwestern Mutual for $305 million.  The newly constructed building is located at 145 N Street within the Constitution Square mixed-use project.  Its 589,000 square feet are completely leased to the U.S. General Services Administration (GSA) for use by the Department of Justice (DOJ).   The tenant build-out is currently under way, with the DOJ expecting to take occupancy by late fall.  The project is also registered for LEED-Platinum certification, which it anticipates receiving later this summer.

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