USAA Actual Property Co., the actual property arm of the San Antonio-based insurance coverage big, has simply nabbed a multimillion-dollar Washington, D.C. property. The 540,000-square-foot Sentinel Sq. III constructing, positioned inside strolling distance of the U.S. Capitol and Union Station, was bought to an “affiliate of USAA Actual Property Co.” in a December 8 deal, the Washington Enterprise Journal stories
USAA Actual Property reportedly bought the constructing at 45 L Road NE from MetLife Funding Administration for $305 million, in keeping with a particular guarantee deed obtained by the WBJ. At this worth, the deal could be among the many largest actual property transactions within the nation’s capital this yr.