Alexandria
PenFed Targets Site Location in Far North San Antonio
Less than two months after Pentagon Federal Credit Union (PenFed) announced it would open a new regional financial center in… Read more
Morgan Secures $688M for Landmark NE MF Acquisition
Philadelphia-based Morgan Properties secured $688 million in acquisition financing for a 10-property, 4,130-unit multifamily portfolio in Pennsylvania and Virginia. Berkadia’s… Read more
New PenFed Credit Union Regional Center Coming to San Antonio
Texas Governor Greg Abbott announced Pentagon Federal Credit Union (PenFed) will open a new Regional Financial Center in San Antonio,… Read more
Giant Food Plans $175M Spend on Expansion, Amenities
Regional grocery chain Giant Food, which operates 164 supermarkets in the greater Washington, D.C. region, will make a $175-million capital… Read more
PGIM Provides $78M Refi for Alexandria Apt
PGIM Real Estate Finance provided a $78-million FHA refinancing loan to Bonaventure Realty Group for The Encore Apartments, a 461-unit… Read more
Cohen Asset Plants Ownership Flag in Pinnacle Industrial Park
Cohen Asset Management acquired two industrial buildings totaling more than 1.3 million square feet in Dallas’ Pinnacle Industrial Park. The… Read more
Morgan Properties Bags Bennington Crossings in Virginia for $62M
Bennington Crossings, a 308-unit, garden-style multi-housing community in Alexandria, VA, has traded hands for $62.3 million. King of Prussia, PA-based… Read more
$95.5M Financing Arranged for Alexandria, VA MF
A joint venture involving Lincoln Property Company secured $95.5 million in acquisition financing for Meridian at Carlyle, a 16-story, 403-unit… Read more
520-Unit MXU Community Launched in Virginia
Perseus TDC, an affiliate of Transwestern Development Co., and its partner Four Points LLC commenced construction on the conversion of… Read more
Chinese Investors Acquire Hotel Portfolio from Barings for $800M
Hong Kong-based Junson Capital’s $800-million hotel portfolio acquisition from Charlotte, NC-based Barings included the Motif Hotel in Downtown Seattle. The… Read more
USAA Real Estate, Lowe Acquire Park Center in Alexandria, VA
A joint venture between USAA Real Estate and Los Angeles-based Lowe acquired the Park Center office complex in Alexandria, VA… Read more
Carlyle Divests Alexandria MF for $111M
Rockville, MD-based The Donaldson Group (TDG) and New York-based Angelo, Gordon & Co. acquired Cityside at Huntington Metro, a 569-unit… Read more
Rubenstein, Northpoint Renovation Progresses in Arlington, VA
Rubenstein Partners, L.P., and JV partner, Northpoint Realty Partners, are moving toward completion in early 2018 of Carlyle Tower and… Read more
Passco Picks Up Virginia Transit-Oriented MF for $113M
Irvine, CA-based Passco Companies acquired The Parker, a 360-unit multifamily community built in 2016 in Alexandria, VA for $112.75 million.… Read more
Morgan Properties Acquires DC-Area Portfolio for Record $509M
Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register. King of Prussia,… Read more
TSA Relocating to Virginia Site in $316M HQ Deal for 625K-SF
An affiliate of Boston Properties was awarded a $316-million contract from the General Services Administration to build a new HQ… Read more
USDA Takes 131K-SF at WashREIT’s Braddock Metro Center
Washington Real Estate Investment Trust signed a 131,000-square-foot lease at Braddock Metro Center with the GSA that will bring roughly… Read more
525-Unit Multifamily Conversion Planned in Alexandria
Washington, D.C.-based Perseus Realty plans to convert a former 610,000-square-foot office building into a 525-unit residential building in Alexandria, VA’s… Read more
Monday Properties Shifts to Buyer in Alexandria Portfolio Deal
New York-based Monday Properties acquired Beauregard Office Park, a five-property 300,000-square-foot office portfolio in Alexandria, VA from special servicing for… Read more