Best Real Estate Deals honoree: 1701 Rhode Island NW

The sale of 1701 Rhode Island Ave. NW in July 2019 was either perfectly or unfortunately timed, depending on your perspective.

Partners Akridge and Alcion Ventures LP parted with the building for an all-in price of about $119 million, including tenant-buildout work they promised to complete a little more than four months after leasing all of the 104,000-square-foot building to coworking provider WeWork.