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Acquisition and Dispositions (Tables)
6 Months Ended
Jun. 30, 2023
Acquisition and Dispositions  
Summary of disposition activity

Gain (Loss)

Total

Gross

Cash

on the Sale

Square

Sales

Proceeds

of Real

Date Disposed

    

Assets

    

Segment

    

Location

    

Feet

    

Price

    

from Sale

    

Estate

(In thousands)

March 17, 2023

Development Parcel

Other

Arlington, Virginia

$

5,500

$

4,954

$

(53)

March 23, 2023

4747 Bethesda Avenue (1)

Commercial

Bethesda, Maryland

40,053

Other (2)

700

$

40,700

(1)We sold an 80.0% interest in the asset for a gross sales price of $196.0 million, representing a gross valuation of $245.0 million. See Note 4 for additional information.
(2)Represents recognition of contingent consideration related to a prior period disposition.