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Washington Harbour has a new owner, and he’s bullish on the D.C. area

Washington Harbour has a new owner, and he’s bullish on the D.C. area

International real estate investment company Global Holdings Group closed Tuesday on its acquisition of Washington Harbour in Georgetown for $415 million.

An affiliate of the company acquired 3000 and 3050 K St. NW for about $738 per square foot from joint venture partners Hana Asset Management Co. LTD and Principal Real Estate Investors. We first told you about the pending sale in June.

Global Holdings Chairman Eyal Ofer, a Monaco-based Israeli real estate and shipping magnate, touted the strength of Greater Washington’s real estate market in a statement announcing the completed deal.

“We are strong believers in the long-term success of this market, and unique institutional-quality assets like Washington Harbour present a great way to continue to broaden our office portfolio,” Ofer said. “We look forward to serving the Washington office tenancy, and to continue enhancing and supporting Washington Harbour and everything it offers to employees, visitors, guests and tourists in the larger D.C. community.”

The waterfront property is Global Holdings’ second D.C.-area acquisition, coming more than a year after the company bought the Courtyard by Marriott Hotel by Ninth and F streets for $83 million. The company has also set its sights on New York City, where it acquired Nomad Tower and made an equity investment in 25 Kent within the past two years.

Holiday Fenoglio Fowler LP (NYSE: HF) marketed the 562,105-square-foot mixed-use property. The property is about 98 leased to tenants including law firms Foley & Lardner LLP and Kelley Drye & Warren LLP. It is also home to several popular restaurants including Fiola Mare and Farmers Fishers and Bakers.