Transaction: Acquisition of 90% equity interest in core urban asset
Asset Summary: 186,000 square foot, 98% leased Class B office building
Location: At the prominent intersection of Connecticut and L Streets, above the Farragut North Metro Station, in downtown Washington, DC
Date Closed: May 2010
Exit Strategy: Sold FCP's 90% interest to an institutional investor in the 4th quarter of 2013.