Presidential Tower has sold for $123.2 million. Image: Beacon Capital Partners and David Madison Photography
An office tower in Arlington County sitting near Amazon’s HQ2 has a new owner.
Presidential Tower office building at 2511 Jefferson Davis Highway sold on Thursday for $123.2 million to PT Office Owner LLC, according to Arlington County’s Department of Real Estate Assessments. The 349,303-square-foot building was most recently assessed by the county for $70.45 million.
PT Office Owner lists a Connecticut address for its principal office. It’s the same address as the headquarters for Starwood Capital. Beacon Capital Partners was the seller in the deal, according to Newmark Knight Frank.
