ROCKROSE DEVELOPMENT PAYS $43M FOR 1150 18TH ST

Mar. 25, 2011 - Washington Business Journal

Rockrose Development Corp has acquired 1150 18th St. NW from LNR Property for $43 million, and the New York-based developer said it’s looking for more properties in D.C.

“We are excited about the D.C. office marketplace and plan to expand here,” said Vice President Justin Elghanayan.

Rockrose will also begin renovations to 1150 18th St. and said it has hired Fox Architects to make design changes.

This article has a pdf attachment: Click to download