Paul Dougherty

1111 Pennsylvania Ave.

DC Office High-Rise Changes Hands for $338M

Invesco Real Estate sold the 331,000-square-foot trophy building near the White House. Safety, Income & Growth Inc. originated a $150 million ground lease on behalf of the buyer.

PRP Grabs Pair of VA Foreclosed Office Assets

The properties total 420,000 square feet and sit in the proximity of Mark Center Transit Center, Alexandria Hospital and Alexandria Community College.