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Credit Suisse fund buys Washington, DC, office building

A Credit Suisse Asset Management Global Real Estate fund bought the 134,964-square-foot office building at 1120 G St. in Washington, D.C., for about $69.8 million.

The 10-story property, which is within three blocks of both the White House and the six Metrorail lines, is 75% leased to 13 tenants.

The fund is managed by Credit Suisse Group AG's asset management arm. JLL Capital Markets represented the seller, while Lacy Ltd. advised the buyer.