Tokyo Trust Capital and Meritage Properties’ Acquisition of an Office Building in D.C.’s Desirable East End

Orrick advised Tokyo Trust Capital and Meritage Properties on the deal

A joint venture between Tokyo Trust Capital Co., Ltd., the advisor to a Japanese investor, and Meritage Properties, a New York real estate firm, executed the $54 million acquisition and $25 million related financing of 1100 G Street, NW, in Washington, D.C.

This 110,000 square-foot, eleven-story office building is located in the heart of Washington, D.C.’s East End submarket and is surrounded by some of the city’s best retail and entertainment options, including the Capital One Arena. It is also conveniently located directly across from the Metro Center station. Meritage Properties and Tokyo Trust Capital plan to renovate and reposition the building.

Orrick advised Meritage Properties and Tokyo Trust Capital with Michael Haworth (Picture), Yuko Ino, Alykhan Shivji and James Tian.

Involved fees earner: Michael Haworth – Orrick; Yuko Ino – Orrick; Alykhan Shivji – Orrick;

Law Firms: Orrick;

Clients: Tokyo Trust Capital ; Meritage Properties;