Investcorp, a New York-based global investment group, and Brickman Associates, a New York-based private real estate investment and management firm, have announced their acquisition of Maritime Plaza I and II, a two-building office complex located in Washington, D.C. Investcorp and Brickman Associates together purchased the property from The Bernstein Cos. for an undisclosed price. The Maritime Plaza I and II properties encompass 345,736 square feet of class A office space. The two buildings that comprise the property were constructed in 2001 and 2003, respectively, on land leased from the Washington Gas Co. under a 99-year lease. The Maritime Plaza buildings are located within a master-planned development that will eventually include additional upscale office complexes, as well as hote...
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