Shaw's Progression Place Up For Sale
✉️ Want to forward this article? Click here.
Progression Place, the mixed-use development currently under construction near the Shaw/Howard Metro Station (map) is up for sale, reported the Washington Business Journal late Tuesday. Construction on Progression Place, which could have 100,000 square feet of office space, 205 apartments and 20,000 square feet of retail once complete, started in 2010 and could be finished by October.
Developer Four Points LLC wants to sell “to raise capital for other planned ventures in its pipeline,” Jones Lang LaSalle managing director Jonathan Morris told the WBJ.
The development, which is a few blocks from another massive Shaw development, CityMarket at O at 7th and O, is expected get offers of more than $130 million.
See other articles related to: four points llc, progression place, shaw
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/shaws_progression_place_up_for_sale/4943.
Most Popular... This Week • Last 30 Days • Ever
This article discusses the variety of rental restrictions that may exist in condomini... read »
Today, UrbanTurf takes a look at the office-to-residential conversions on the boards ... read »
The new project is just the latest affordable development to move forward in DC.... read »
The beautiful four-story property, with three renovated units offering more than $200... read »
The nearly 12,000 square-foot McLean house of the former Washington Nationals pitcher... read »
- Understanding Rental Restrictions in Condominiums
- A Look At The 9 Office-To-Residential Conversions On The Boards in DC
- 11-Story, 46-Unit Development Pitched For A Pair Of Downtown DC Rowhouses
- Elegant Dupont Circle Rowhouse, Boasting Huge Rental Income Potential, Hits the Market
- Stephen Strasburg's McLean Home Sells For $8.55 Million
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro