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MAREJ
- Dec 4, 2015
Rock Creek Property Group closes $60 million Fund II
Washington, DC — Principals of Rock Creek Property Group announced that they have successfully closed on their second real estate fund, in which they raised $60 million. Fund II will acquire office, retail, multi-family and industrial properties throughout the Greater Washington, DC region. As with Rock Creek’s Fund I, launched in 2010, Fund II will continue to invest primarily in the $3 million to $30 million “middle-market” space, targeting development projects, value-added
MAREJ
- Sep 11, 2015
West, Lane & Schlager negotiates $10 million sale of 1412 Eye St., NW in Washington, DC
Washington, DC — West, Lane & Schlager Realty Advisors, LLC, a Washington, DC-based commercial real estate brokerage firm that represents tenants, announced the sale of 1412 Eye St., NW, a 14,724 s/f, loft-style office building in downtown Washington, DC. The deal closed August 13, 2015, with a sales price of $10 million, or $679 psf. Gary Schlager, SIOR, principal, and Clark Turner, assistant vice president, both of West, Lane & Schlager, represented the seller, an affiliate