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September 22, 2017  

Buyer of DC Offices Taps Brookfield

Brookfield Asset Management has agreed to provide $93 million of floating-rate debt to the buyer of a Washington office building.A partnership between New York firms Meadow Partners and Georgetown Co. has agreed to buy the 407,000-square-foot building, at 370 L’Enfant Promenade SW, from CIM Group for around $128 million.A portion of the five-year loan would go to capital expenses and leasing costs aimed at filling a large chunk of vacant...

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