An affiliate of Beacon Capital Partners has purchased 2445 M St. NW, an office building in Washington, D.C.’s West End, from Washington Real Estate Investment Trust for $101.6 million.
The building was fully leased at the time of the sale, with the Advisory Board Co. occupying nine floors. The Advisory Board, a consulting firm, is preparing to move out next May, reportedly as part of a plan to consolidate at 655 New York Ave. NW, an office building…