15 Office Buildings for Sale in Washington, DC

Columbia, Md.-based real estate investment trust Corporate Office Properties Trust (COPT) recently announced the sale of the only asset in its wholesale data center reporting segment, a data center located in Manassas, Va.

Both Charlotte, N.C., and Washington, D.C. added considerably more space to their urban areas and CBDs than most other cities in our analysis. Indeed, both cities also offer significant shared office space, with coworking space in Washington, D.C. and Charlotte coworking both within the top 20 markets.

One of the few remaining examples of early 20th-century industrial architecture in Washington, D.C., the Wonder Bread Factory building — located half a block east of 7th Street — was purchased by the Douglas Development Corp. in 1997 in dire need of repair. Following an extensive renovation effort carried out in 2012 and 2013, it was transformed into a mix of retail and some of the best office space for rent in Washington, D.C.

Before 2008, prices for office buildings less than 250,000 square feet remained under the $200 million mark. The first such office property to pass that dollar threshold was the 206,000-square-foot America’s Square. This Washington, D.C office space, located at 51 Louisiana Ave. NW, traded for $290 million in April 2008.