Why Grosvenor Americas wasted no time in acquiring this Observatory Circle real estate

Grosvenor Americas wasted little time in pursuing its latest acquisition. The fully leased buildings near Observatory Circle in Northwest D.C. were offered for sale through Cushman & Wakefield in early March, just before the coronavirus outbreak forced local governments across Greater Washington to impose stay-at-home orders for the majority of the region, according to Scott Brody, senior vice president of investments for the San Francisco commercial real estate firm. Grosvenor moved swiftly to…