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100 M Street notes auctioned for $57 million

On Thursday, October 28, the notes associated with the 60-year leasehold interest and construction of the office building 100 M Street, SE were auctioned at the offices of Alex Cooper Auctioneers.  The winning bid of $57 million was made by representatives of Northwood Investors.  According to Capitol Riverfront Business Improvement District, this is a positive step for 100 M Street with office and retail space leasing now able to move forward as the property has new ownership.  See more information, including leasing contact information here.

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