News
June 30, 2025
Garfield Investments, Broad Creek Capital Pay Just $28M for DC Office
The sale price is just one-third of the property’s most recently assessed value of $83 million.
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June 27, 2025
New Owners of DC Office Building Aim to Attract Defense Industry Tenants
An eight-story office complex in Washington, DC’s Navy Yard neighborhood sold to an ownership team that is counting on sustained demand for workspaces that serve military contractors and defense industry companies.
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June 27, 2025
Navy Yard Office Building Sells For $28M
A Navy Yard office building that spans a full block and is 53% occupied sold at a steep discount.
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June 26, 2025
One of Navy Yard’s Oldest Office Buildings Sells for $28M, a Third of Its Assessed Value
A joint venture of Garfield Investments and Broad Creek Capital this week acquired the eight-story, 285,000 square foot office at 300 M Street for $28 million, or roughly $100 a square foot, according to Garfield CEO John Mason. The building’s 2026 proposed assessed value is $82.9 million, per the Office of Tax and Revenue.
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