Government Properties Income Trust
Georgetown University Buys Downtown DC Office Asset
In a nimble change of strategy, Office Properties Income Trust sold 500 First St. for $70 million rather than proceeding with a planned renovation of the soon-to-be-vacant building.
Government Properties, Select Income REIT to Merge
Operating as Office Properties Income Trust, the combined company will own 213 properties in 38 states and Washington, D.C.
Avison Young to Lease DC Office Building
The RMR Group plans to renovate the 130,000-square-foot asset’s lobby and to bring a series of new amenities in order to attract new tenants following the current occupier’s relocation.