CBRE Appointed as Exclusive Sales Agent for The Liberty Loan Building in Heart of Washington, DC

CBRE today announced it has been named the exclusive sales agent for The Liberty Loan Building, an iconic office property and the only freestanding building situated directly along the Tidal Basin at 401 14th Street SW. Owned by the General Services Administration (GSA) and home to the U.S. Department of the Treasury since it was constructed in 1918, the Liberty Loan Building is being made available vacant to the investment and user communities for the first time in its history.

The CBRE team of Tommy Cleaver, John Sheridan, Dan Grimes, Charlie Mangold, and Ken Pearson will spearhead the marketing campaign on behalf of the GSA.

“This is special real estate, and we are thrilled to bring this historic property to the market for the first time,” said Cleaver. “The views are the best I have seen in DC, and the potential ability to add floors will make this the most sought-after repositioning opportunity in recent memory.”

The Liberty Loan Building features sweeping, unobstructed panoramic views of the Potomac River, the Jefferson Memorial, and the Washington Monument all within short walking distance to the amenities of The Wharf. Originally constructed to house the Liberty Loan bond program during World War I, the current structure is just five-stories – lower than all surrounding buildings. The unique attributes and potential ability to expand will provide new ownership with execution optionality across multiple future uses.