2055 L Street's New Tenant
Yesterday, Monument Realty and investment partner Angelo, Gordon & Co. announced that the Center for Global Development is buying the 33.5k SF 5th floor at Monument's 2055 L St. It's still being built out, but CGD--which had already leased it--pulled the trigger on a sale for an undisclosed sum. Monument's Doug Olson (snapped this morning) tells us the deal will officially close in June, with CGD expected to move in late this year. It's the second condo sale at 2055 L for Monument, after the firm sold the 7th and 8th floors to the National Restaurant Association in December. But there's more: Doug says the 6th floor, the only available space (Verizon owns the bottom four floors) is contractually committed for purchase with a non-profit.
