$77.5 Million Non-Performing Office Loan
US - Washington, DC
A$115,562,000 | 28,508 m²
Memorial Pointe is a 28% leased, 226,586 square foot institutionally owned and operated office building that features a floor to ceiling atrium in the lobby. The building has seen significant capital improvements in recent years on items such as fire sprinkler installation, lobby upgrades, spec suites, and an exterior coating. The property offers investors a significant value-add opportunity in a building that is well suited to attract the smaller tenants
which currently make up a large part of the submarket’s leasing activity.