JCR acquires a retail condominium in Washington, D.C.

The Metropole in Washington, D.C., where The JCR Companies acquired a retail condominium and the commercial portion of the parking.

Washington, D.C. The JCR Companies  has acquired a retail condominium and a commercial garage at The Metropole, a luxury condominium residence in Washington, D.C.’s Logan Circle neighborhood. The fully occupied 23,225-sq.-ft. retail condominium hosts Vida Fitness and Bang Salon. The acquisition also includes the commercial portion (two levels) of the building’s underground parking garage.

The Metropole was built in 2008 and stands on the corner of 15th Street and P Street, close to both the Dupont Circle and U Street Metro stations, at 1515 15th Street, NW.

Eagle Bank financed JCR’s $6.3 million acquisition. CBRE represented the seller, American Realty Advisors.

 

Login or Register to post a comment.