Skanska sells Washington, DC, office building for $163M
Insight Weekly: Sustainable bonds face hurdles; bad loans among landlords; AI investments up
Master of Risk | Episode 3: Live from the Global Credit & Risk Symposium
Insight Weekly: Bank oversight steps up; auto insurers’ dismal year; VC investment slumps
Insight Weekly: Renewables lead capacity additions; bank mergers of equals up; nickel IPOs surge
A Skanska AB unit sold the 234,000-square-foot 99M office building in Washington, D.C., for $163 million.
An affiliate of Polinger Development Co. will acquire the 11-story, 87%-leased property, which counts Common Grounds, Pyxera Global and Give Campus among its tenants.
Property transfer is expected in the first quarter 2020.
