Dispositions

12 Months Ended

Dec. 31, 2019

Assets Of Disposal Group Including Discontinued Operation [Abstract]

Dispositions

3. Dispositions

Liberty Place

On September 26, 2019, we sold Liberty Place, a 172,000 square foot Class A office building in Washington, D.C., for $154,500,000. In connection therewith, we recognized a gain of $1,140,000, which is included in “gain on sale of real estate” on our consolidated statement of income for the year ended December 31, 2019.  

2099 Pennsylvania Avenue

On August 9, 2018, we sold 2099 Pennsylvania Avenue, a 209,000 square foot Class A office building in Washington, D.C., for $219,900,000. In connection therewith, we recognized a gain of $35,836,000, which is included in “gain on sale of real estate” on our consolidated statement of income for the year ended December 31, 2018.

425 Eye Street

On September 27, 2018, we sold 425 Eye Street, a 373,000 square foot Class A office building in Washington, D.C., for $157,000,000. In connection therewith, we recognized a gain of $1,009,000, which is included in “gain on sale of real estate” on our consolidated statement of income for the year ended December 31, 2018.