Inman

D.C. office building sold

The St. Joe Co. sold a 152,470-square-foot office building in Washington, D.C.

The value of the transaction was $47.3 million.

This 12-story office building is located at 1750 K St.

It was 89 percent leased to multiple tenants at the time of sale.

The buyer’s identity was not disclosed.

The St. Joe Co. (NYSE: JOE), a publicly held company based in Jacksonville, Fla., is one of Florida’s largest real estate operating companies.

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