Foreign Investor Buys 900 G St. NW for Record-Breaking PSF Price

An office market that has already seen nearly $1 billion in sales this month just recorded its highest ever per square price.

A subsidiary of Spanish Corporacion Masaveu S.A. paid $144 million, or about $1,278 per square foot, to acquire the 112,635-square-foot office building at 900 G St. NW from ASB Capital Management. Exan Capital out of Miami advised Masaveu in the transaction.

ASB Capital Management partnered with MRP Realty in 2015 to…