Thursday, June 7, 2012, 1:02 PM

Womble Carlyle Real Estate Team Serves as Lead Counsel on Deal That Nets WBJ Best Real Estate Award Second Year In A Row

By: The Womble Carlyle Team

It’s a good real estate buy when the Washington Business Journal gives an award for it. It’s an even better deal when they give a second award for selling it, too.

Last year the Business Journal named CoStar Group’s purchase of 1331 L Street N.W. the 2010 Best Real Estate Deal in the Urban Office Sale category. CoStar Group won the award again this month for the sale of the property.

What made the deal so remarkable? With a Womble Carlyle real estate team serving as legal advisors in both deals, CoStar snagged prime real estate in the nation’s capital in 2010 for less than half the market rate. CoStar also negotiated a $6.1 million property tax abatement package from the D.C. City Council.

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10 Comments:

Blogger EcornerLearning said...

Other realtor agents can actually get into this kind of awards as well as long as they work well with their jobs, getting their required ce courses and credits, etc. arizona real estate continuing education classes

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February 5, 2013 at 11:28 PM  
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Real estate is such a huge market, people tend to owned properties via real estate auctions and installments. Many companies are doing their very best to provide people good homes and an award can be very rewarding on the side of the real estate company! Congrats.

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