By: Tierney Plumb, Reporter

UDR Inc., a Denver-based publicly traded apartment owner with 16 properties in the area, closed on the sale of View 14 on 14th Street NW in D.C., shattering the record for the highest price per foot ever achieved in the metro region for Class A rental product.

The building sale, which was first reported in the Washington Business Journal in April, traded for $104 million, or about $670 a square foot for the 155,000-square-foot property.

Borderstran
By: Tom Hay

After a three-year lull, condo and apartment development along 14th Street — from Logan Circle to the blocks north of U Street — has blossomed at a frantic pace. (See list of related stories at bottom.)

Work is well underway at several sites and many and others are slated for groundbreaking soon. Most properties will be considered mixed-use, usually in the form of ground floor retail and residential units above.

By: Staff, Washington Business Journal

Level 2 Development LLC has snagged two tenants to occupy a major portion of the retail space at the View 14 mixed-use complex. 

The YWCA National Capital Area will occupy 15,000 square feet at the 2303 14th St. NW project. Cushman & Wakefield Inc.. brokered the deal for both parties.

Beta Academy, which hosts martial arts classes, has signed a lease for 9,000 square feet on the lower level. Cushman & Wakefield represented Level 2 in the deal, while Thur & Associates worked with Beta.