I'm hearing that
100 M Street, the 220,000-square-foot office building on the northeast corner of 1st and M, is up for sale. This is the building that was completed in late 2008 by Opus East, then spent some time in
limbo during Opus's Chapter 7 liquidation. It was
picked up in foreclosure for $57 million in fall 2010 by
Northwood Investors.
I know little about this other than the fact it's on the market and being marketed by CBRE, so I don't know if this is a sale of just the building, like last time, given that
the land is owned separately.
Anticipating the next question, there's been no news lately of a deal to rent the corner retail space, despite
rumors last year that restaurant/brewery Gordon Biersch was interested.