Republic Building 1425 New York Avenue, Washington, D.C., a private placement to acquire a prime Grade A office building.

• Sponsored a private placement to acquire a 276,000 sq ft trophy office building ½ blocks from the White House in Washington, D.C.
• Property was 100% let to U.S. Government tenants including U.S. Treasury and Justice Departments.
• Property was acquired for $153 million at a 6% capitalization rate.
• Investors realized a 7% annual dividend and a 20% IRR.
• Property was financed with Goldman Sachs.
• Investors included prominent capital sources from Middle East, Europe, South America and Far East.
• Private Banks including UBS, Kleinwort Benson, Dresdner and EFG.

Republic Building 1425 New York Avenue, Washington, D.C