International Trade Commission's D.C. headquarters sells for $118.5M

Boston Properties (NYSE: BXP) has sold 500 E St. SW for $118.56 million, or about $452 per square foot, as 2018 takes shape as another active year for big-ticket investment sales.

The Boston-based real estate investment trust sold 500 E St., leased to the International Trade Commission, to an affiliate of Boyd Watterson Asset Management, according to the D.C. Recorder of Deeds. The deal, recorded Wednesday, follows Trammell Crow Co.’s sale of Sentinel Square II in NoMa for $147 million and comes…

Source: Arizona Business Journal