Georgetown University expands footprint near Judiciary Square

Daniel J. Sernovitz
Georgetown University expands footprint near Judiciary Square

Georgetown University has acquired a nearly 130,000-square-foot office building near Judiciary Square for $70 million with plans to expand its Capitol Hill presence there. The university bought the former federal Bureau of Prisons headquarters building at 500 First St. NW Monday from an affiliate of Office Properties Income Trust (NASDAQ: OPI), per the D.C. Recorder of Deeds. The building is immediately south of the Georgetown University Law Center.