Brookfield Office Properties buys building in Washington, D.C., for US$106M

TORONTO – Brookfield Office Properties Inc. (TSX:BPO) said Monday it has bought an office building in Washington, D.C., for US$106 million.

The company said the property at 799 9th Street, NW, is a 10-storey building with 203,000 rentable square feet that is currently 96 per cent occupied.

Get weekly money news

Get expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday.

Sign up for weekly money newsletter Get Started

By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

The building has 156 parking spaces and several street-level restaurants.

Brookfield, which owns 31 office properties in the Washington, D.C., area, already owns the two buildings immediately adjacent to the property.

Brookfield Office Properties owns, develops and manages a portfolio of more than 100 office properties in the United States, Canada and Australia.