Pictured: Phipps Tower in Atlanta.A Singapore REIT will enter Washington, D.C., and expand in Atlanta with the purchase of trophy office towers in both markets.
In a sign of Washington’s ascent as a favorite real estate market for foreign money, Manulife US REIT said today it has agreed to acquire 1750 Pennsylvania Ave. NW, a 13-story, 277,243-square-foot office building in Washington. In February, the Association of Foreign Investors in Real Estate…