Friday, August 4, 2017

Sagamore Development sells prime Georgetown building in record deal

Sagamore Development, the private real estate arm of Under Armour Inc. CEO Kevin Plank, has sold a prime building in Washington, D.C.’s Georgetown neighborhood to Capital One NA for a whopping $50.2 million. Sagamore bought the building at the corner of Wisconsin and M streets NW in 2014 for a reported $12.2 million, though deed records are mysteriously quiet on the actual sale price. Capital One’s (NYSE: COF) purchase may well be a record for a commercial property sale in D.C. With 3150 M St.…



from https://www.bizjournals.com/baltimore/news/2017/08/04/sagamore-development-sells-prime-georgetown.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/163789033972

No comments:

Post a Comment