White Star Investments Acquires 4209 9th Street NW Washington, D.C.
Acquisition of Petworth Building Complements Investment Strategy
20 Sep, 2017, 13:00 ET
BETHESDA, Md., Sept. 20, 2017 /PRNewswire/ -- White Star Investments finalized the acquisition of 4209 9th Street NW, Washington, D.C. 20006. The 11,500 square foot building is home to District Of Columbia Courts.
White Star's Principal, Rueben Bajaj said "We are very excited about our recent acquisition of 4209 9th Street. There has been explosive growth along the Georgia Avenue Corridor and specifically in Petworth the past 5 years. This building complements White Star's investment strategy of owning quality assets in top tier neighborhoods throughout the Washington, D.C. Metropolitan area."
About the acquisition:
Address: 4209 9th Street NW, Washington, D.C. 20006
Size of Building: 11,500 Square Feet
Tenant: District of Columbia Courts
Buyer: White Star Investments
Seller: RCB Development out of Charleston, South Carolina
Seller's broker: Jones Lang LaSalle
Buyer's broker: White Star Investments
About White Star Investments:
White Star Investments is a privately owned real estate investment and operating firm based in Bethesda, Maryland. White Star specializes in acquiring under-marketed retail real estate investments and proactively building asset value.
At White Star our goal is to be the most innovative owner and developer of quality real estate assets in the markets. Our ability to achieve this goal is rooted in our commitment to quality. It is our belief that quality is never an accident; it is always the result of high intentions, sincere effort, intelligent direction, and skillful execution. This commitment to quality extends to our people, our projects, and our process.
Contact: Craig Bernstein, Chief Investment Officer
SOURCE White Star Investments
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