A Miami firm involved in the largest per square foot purchase in the Washington, D.C., office market closed on a significant transaction of its own with the $121.4 million purchase of the Executive Tower in the city’s East End from JBG Smith.
Exan Capital paid $931 per square foot for Executive Tower, a Class A high-rise built in 2001 at 1399 New York Ave. NW in downtown Washington.
Though the $931 per square foot price didn’t threaten the…