Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Watergate complex
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===Watergate 600=== Britain's [[National Coal Board]] Pension Fund sold the Watergate Office Building to [[John Hancock Financial|John Hancock Mutual Life Insurance]] in the early 1990s.<ref name="Haggerty" /> The building's office spaces were renovated in 1994,<ref name="AIAGuide" /><ref name="SoldForbes">{{cite news |url=https://www.latimes.com/archives/la-xpm-2005-oct-11-fi-rup11.4-story.html |title=Watergate Building Sold to BentleyForbes Group |newspaper=Los Angeles Times |date=October 11, 2005 |url-status=live |archive-url=https://web.archive.org/web/20121014233104/http://articles.latimes.com/2005/oct/11/business/fi-rup11.4 |archive-date=October 14, 2012 }}</ref> while the entire building saw extensive renovations in 1997.<ref name=sernowashreit>{{cite news |last=Sernovitz |first=Daniel J. |title=Washington Real Estate Investment Trust to acquire part of the Watergate complex |work=Washington Business Journal |date=March 22, 2017|access-date=March 23, 2017 |url=http://www.bizjournals.com/washington/news/2017/03/22/washington-real-estate-investment-trust-to-acquire.html|url-status=live|archive-url=https://web.archive.org/web/20170323195935/http://www.bizjournals.com/washington/news/2017/03/22/washington-real-estate-investment-trust-to-acquire.html|archive-date=March 23, 2017}}</ref> ''[[The Atlantic]]'' magazine owner [[David G. Bradley]] purchased the building in 2003.<ref name="Sale"/> He renovated it once again, expanding its lobby and restaurant space.<ref name=sernowashreit /> In March 2017, Bradley sold the building to the Washington Real Estate Investment Trust (WashREIT) for $135 million plus ownership in a WashREIT operating unit.{{Efn|An operating unit is an autonomous subsidiary of a corporation which owns assets, incurs liability, and has its own independent management.}} WashREIT said it would continue renovating various spaces, upgrade and expand the rooftop amenities, and build a new fitness center and conference center.<ref name=sernowashreit />
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)