Awards &

Post Brothers Enters DC With Two-Building, $228M Office Acquisition
31st May, 2022
Post Brothers, a Philadelphia-based development firm, has entered the Washington, D.C., market with the $228 million acquisition of a two-building office complex, with plans to convert them to apartments.

Post Brothers has acquired a duo of neighboring office buildings at 1825 and 1875 Connecticut Ave. NW, known as Universal North and Universal South, the Philadelphia Business Journal reports. Post paid seller JBG Smith $101.5M for the 460K SF Universal North and $102.2M for the 302K SF Universal South for a total purchase price north of $200M.

Read more at Commercial Observer