Wereldhave NV, the Dutch real estate investment company, announced this month it sold 801 9th Street for $147.5 million, or $625 per square foot (SF), to NSP Ventures Corp of Japan. The Class A office building was specifically built in 1999 for the U.S. Mint, which is under a triple-net lease that expires at the end of September 2019. The 236,000 SF building is awaiting LEED EB-Gold certification and has only one other tenant—Cuba Libre restaurant. Wereldhave, which is looking to divest its U.S. holdings, acquired the building for $131.5 million in 2006. It also owns 701 8th Street (the Portrait Building) and 1401 New York Avenue, both in Downtown.
