The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-02-27
REAL ESTATE WORLD
Operations Last Week Were Fairly Active. All
Classes of Property Entering Into
the List of Sales

Real estate transfers for the week have
been fairly active for the season Of the
year. Brokers report deals pending of
much interest. some Of them, if COM
pleted, being Of large proportions. 1t ap-
pears that inquiry is coming To some OF
the local firms looking to the establish
ment of larger business operations here
than we have ever seen. Most of these
Inquiries come from persons outside the
city who are seeking TO invest money
here over the country generally Wash
iugton is considered a good field Tor in
vestment in real estate. and the tendency
just at the moment is the formation Of
companies in the States to undertake
some large enterprise here.
One such proposition has been talked
about in real estate circles for day or
two Two representatives of capitalists
/ in Cincinnati were in the city several
days last week looking the field over for
some safe and good investment on a
/ large scale. Their canvass Of the posi-
bilities went from the development of a
suburban subdivision to a big Office build
ing They came TO the conclusion that
the city was pretty well supplied with
the latter. and that If money was to be
put into such a plan It would have to
be I'm the strictly business section and Of
new type TO attract attention-frst by
its novelty. and then by its convenience
and utility.
After going over the possibilities. the
two men went so far as TO look into the
question of options for strip of prop
erty running through the square from
/ T to G streets, between Thirteenth and
Fourteenth streets. The tentative plan
in the minds of the two men is to erect
| in that square an arcade between the
streets, covered overhead and fanked on
either side by stores, with a corridor
| above for Office suites. It was stated yes
terday that the two men were consider
ably impressed with the plan and might
later carry it out.
Willige, Gibbs & Daniel have sold for
Mrs. Charlotte A Martin parts of lots
F "A and Is in square 263, on the south side
( of B street, between Thirteenth and
Fourteenth streets southwest. The lots
are improved by a three-story brick
| dwelling. with ten large rooms. bath. and
modern heat. The property has a front
! age of % feet, by an uniform depth of
! 90 feet. It is understood that approx
mately $500 was paid for the premises.
which will be held by the purchaser as
an investment The sale was made in
connection with Wilcox, Hane & Co.
j. Augustus Taylor has purchased for
an out-of-town buyer the four-story brick
business building at 1l33 Fourteenth
| street northwest. The purchase is for in
vestment. The building has recently been
| remodeled at a considerable expense.
/ The lot is about IS feet wide by Us
| feet deep. with a paved side and rear
| alley. The property has been leased to a
| local business man for term of years
/ It is understood the price paid is about
$4,000. The F. H. Smith Company repre-
scented the seller.
The residence at the southeast corner
Of Thirteenth street and Massachusetts
/ avenue northwest has been sold by Moore
! &, Hill in connection with Boss e Phelps
| The purchaser viii occupy the building
! as a residence.
! This house was transferred some time
| ago as a part of the consideration for
| several Of the new houses erected in
| the square bounded by Sixteenth and
Seventeenth streets and Florida avenue
and v street northwest.
| Franklin T. Sanner has sold through
Moore & Hill the residence at 2643 Con-
nectieut avenue northwest, which is Just
beyond the new Connecticut avenue
bridge The purchaser is a local business
man who will occupy the building as his
home
This is one of the group of four houses
recently erected by Mr.. Sanner 1t con-
tains eleven rooms and three bath
rooms. The interior finish is quartered
oak.
One Of the recent realty deals IN Alex
andria County, Va. is the purchase of
the Lewis J. Collins tract of eleven acres,
at Bsllston. by washington syndicate,
headed by S. p Wright, OF Bancroft. Va.
It is the intention Of the new owners TO
subdivide the land and develop it along