Transpoint Building is located in Washington D.C., in an area known as Buzzards Point. The property is strategically located on the Ancostia river, a short distance from the U.S.Capitol and the White House. The asset is a seven storey, office building situated in the southwest submarket of Washington D.C. The property is leased entirely to the U.S. Cost Guard and has served as its headquarters for the last 28 years.

Transpoint was realized on December 2006 and sold for $169,000,000*. The realized Net IRR of 33%, equivalent to a gross return on invested equity of around 114%. This was well in excess of the targeted 15% IRR.