Techworld Sold

April 4, 2014

TechWorld, a pair of the most recognizable buildings overlooking Mount Vernon Square, has a new owner and is being primed for some potentially major changes — and a new moniker. The Meridian Group closed Wednesday on its acquisition of the two-building complex at 800 K St. NW and 801 Eye St. NW from The JBG Cos. The company declined to disclose the sale price, which sources say is around $315 million, or roughly $414 per square foot. (WBJ)

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