It may have one of the most frustrating parking facilities outside of the Bethesda Trader Joe's, but the Barlow Building in Chevy Chase changed hands for a premium price about a week ago. The 1966 office tower still looks fresh on the outside, and even more upscale inside, with a total remodeling and swanky lobby upgrade in recent years under the management of Carr Properties. In fact, the building won a Toby award in 2015.
A major medical office destination for patients in the DC area, and steps away from the Friendship Heights Metro station, the building was able to command a $160 million price according to Maryland real estate records. The buyer is listed as SREIT Barlow, LLC, a shell company established in Miami Beach, Florida.
