Wednesday, July 25, 2007

Get this, 1329 Wisconsin Avenue NW just sold for $6.7 Million!!!!

The Washington, DC-office of Marcus & Millichap, a Real Estate Brokerage Firm led by its team of Matthew Clinebell, Jim Kornick, Ed Laycox and Gerald Burg, recently brokered a sale in Georgetown that ranks as one of the most expensive this year.

Manhasset, NY-based Sivan Properties purchased the 4,195-square-foot street retail property for $6.7 million, or $1,597-per-square-foot, from Rock Creek Property Group. Thats nearly the price of a condo in NYC!!!

With an address of 1329 Wisconsin Avenue NW, Jones New York tenants the two-story building with two of its shoe brands, Bandolino and Easy Spirit. The building is located in the heart of Georgetown's elite shopping district that is a destination for Washington residents and visitors.

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