Asset Acquisition & Investment Sales

Since its inception in June 2003, Summit Commercial has proven their substantial asset acquisition and disposition experience. Summit Commercial provides clients with detailed and thorough financial analyses of multi-tenanted buildings and comprehensive research on market trends and capitalization rates.

Presented here are a few examples of Summit Commercial's extensive asset acquisition and disposition experience on behalf of purchasers:

2011 Pennsylvania Avenue
Summit Commercial represented Pepperdine University in the $17,400,000 purchase of this 35,000 rentable square foot (rsf) multi-tenant Office Building in late April 2008.

2301 M Street, NW
Summit Commercial represented a Washington, DC based real-estate investor in the $25,150,000 purchase of this 62,108 rsf office building in late October 2007.

2001 Wisconsin Avenue NW and 2200 Whitehaven Street, NW
Summit Commercial represented Georgetown University (GU) in the $42.5 million purchase of this 242,000 rsf building in 2001 (GU sold buildings in early 2005 for $77 million).

1133 20th Street, NW
Summit Commercial represented NFLPA/Players, Inc., with this $46.875 million, 118,300 rsf multi-tenant building purchase in late 2005.

4200 Wisconsin Avenue, NW
Summit Commercial represented American University with the purchase of this 140,000 rsf multi-tenant building ($118 prsf / $16,500,000).

The following properties are part of the portfolio showcasing Summit Commercial's extensive asset acquisition and disposition experience on behalf of sellers:

2233 Wisconsin Avenue, NW (151,000 rsf multi-tenant building)
Summit Commercial represented a local real-estate investor in this $23,500,000 sale in September 2006.

2021 L Street, NW (54,000 rsf multi-tenant building)
Summit Commercial represented NFLPA/Players, Inc., in this $23,420,000 million ($435 prsf) sale.

1705 DeSales Street, NW
Summit Commercial represented the Sol Taishoff Trust with the sale of the 28,000 rsf, CBD building ($219.00 prsf/$6,300,000) in 2002.

1000 Vermont Avenue, NW
Summit Commercial represented Bernstein/Consortium Two with the sale of the 78,740 rsf CBD building ($271 prsf/$21,250,000) in 2003.

2725 39th Street, NW
Summit Commercial represented American University with the sale of 66,000 rsf, 63-unit multi-family building ($14 million/$212 prsf) in 2004.

2046 West Virginia Ave, NE
Summit Commercial represented MedStar Health with the sale of this 32,000 rsf warehouse at $1.5 million.