A prominent corner retail property in Shaw has sold to the dominant property owner in the neighborhood: Howard University.
The university acquired the building occupied by restaurant HalfSmoke at 651 and 649 Florida Ave. NW from Douglas Development for $7.7M in a sale posted Tuesday morning to the D.C. Recorder of Deeds.
The property, at the intersection of Florida and Georgia avenues in Northwest D.C., is occupied by beauty supply store Beauty Island and HalfSmoke, a local, Black-owned restaurant that opened in 2016 and is now working on a regional expansion. The building is directly adjacent to a parking lot owned by the university as part of the Howard University Hospital campus.
Click here to read the rest of the article written by Jon Banister over at Bisnow