Restaurant Eve Building Sells for $3.12 Million and Buyer Looking to Lease Again
WHITE STAR INVESTMENTS ACQUIRES HISTORIC OLD TOWN ALEXANDRIA BUILDING
ALEXANDRIA, VA – White Star Investments has acquired 110 S. Pitt Street, in Old Town, Alexandria, Virginia, reflecting the Bethesda-based privately owned company’s focus on acquiring urban properties in the D.C area.
The 9000-square foot building erected in the early 1900’s consists of 4200 square feet of restaurant space that was occupied by Restaurant Eve for the past 14 years. The building also has three residential units and one office user. A large outdoor patio/courtyard area for the restaurant is permitted for outdoor seating.
White Star is actively pursuing upscale restaurant tenants that fit the bustling dining scene in Old Town. Principal, Rueben Bajaj said “Alexandria was a logical move based on the its vicinity to D.C and the culture that is growing around the city of Alexandria.”
The acquisition is White Star’s 11th commercial asset in the DC Metro Area. Jacob Ermer of Hogan represented the buyer, Geoffrey G. Lindsay of Capital Realty Advisors represented the seller.
