A subsidiary of U.S. real estate investment firm Exan Capital has acquired the 1701 Rhode Island building in Washington, D.C., for $119 million.

The new office building, which was sold for over $1,016 per square foot, has amenities including a fitness center with locker rooms and a rooftop terrace.

Additionally, the building, formally known as the YMCA National Capital building, is fully leased to co-working firm WeWork.

Exan Capital's unit bought the asset from U.S.-based commercial real estate firm Akridge and peer Alcion Ventures.