Commercial Observer Exelon Corp. has paid $175 million, or $480.77/sf, for the 364,000-square-foot Edison Place office property at 701 9th St. NW in Washington, D.C. The Chicago utility acquired the property from Brookfield Properties, which had purchased it in 2004 for $169.75 million. Potomac Electric Power Co., or Pepco, which Exelon had acquired in 2014, […]

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