Lerner affiliate outbids competitors for GSA-owned warehouse property near Nationals Park


An affiliate of Lerner Enterprises outbid its competitors to pick up a federally owned Capitol Riverfront property at auction, the General Services Administration announced Thursday.

Lerner, as Half Street Partners LLC, paid $31 million for 49 L St. SE, a 0.68-acre property that includes a 33,000-square-foot warehouse built in 1924.

The online auction for the site went live in October. The GSA reports there were 14 registered bidders who placed a total of 74 bids, and the auction closed Dec.…

Previous Report: Houston's housing market deemed overvalued
Next Equifax: Cybersecurity breach affected 2.4 million more U.S. consumers not previously identified

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *