District of Columbia
Nation’s First REIT Reveals Succession Plan, Unveils New Company Name
Washington, DC-based Elme Communities (formerly Washington Real Estate Investment Trust or WashREIT) has announced the planned retirement of Stephen Riffee,… Read more
Arcland Property Company Acquires Off-Market Self-Storage Facilities in VA, MD
Washington, DC-based Arcland Property Company has acquired self-storage facilities at 4551 Eisenhower Ave, Alexandria, VA and 3700 Plyers Mill Rd,… Read more
$301M Sale of Ashburn Data Center Catapults DC Region to Decade’s Top US Digital Infrastructure Market
Ashburn, VA’s Quantum Park was the star digital infrastructure asset of the last 10 years, according to a report by… Read more
Denrike Building in Downtown DC Targeted for Acquisition, Multifamily Conversion
ACRES Capital Corp., has originated a $12.6-million loan to fund the acquisition and pre-development of the Denrike Building at 1010… Read more
Easterly Government Properties Nears Full Disposition of 10-Property Portfolio for $205M
Washington, DC-based Easterly Government Properties, Inc. — a real estate investment trust focused primarily on the acquisition, development and management… Read more
VTS: NYC Sees Big September Increase in Office Demand
New York City was the outlier among major U.S. office markets in September when it came to month-over-month changes in… Read more
NHP Foundation Secures $49M for Redevelopment, Preservation of Congress Heights Community
The NHP Foundation has secured $48.9 million in redevelopment funds for Ridgecrest Village Apartments in the Congress Heights neighborhood of… Read more
PRP Appoints Matt McCoy to Managing Director of Net Lease Investments Position
Washington, DC-based PRP has hired Matt McCoy as managing director of net lease investments. McCoy will be based in both… Read more
It’s Time to Nominate Commercial Real Estate’s Outstanding Attorneys
End-of-day on Friday is the deadline to submit nominations for Connect CRE’s third annual Lawyers in Real Estate Awards. We believe there are many strong candidates… Read more
Cresa Assists World Food Program USA Sign for Full-Floor, 13K-SF Space in DC
RMR and AEW have signed a lease agreement with World Food Program USA for a full-floor, 13,277-square-foot space in 1750… Read more
Standard Real Estate Investments Acquires DC Retail Centers for $650M Redevelopment
Standard Real Estate Investments, LP, a minority-owned and controlled firm, has acquired the Senator Square and East River Park shopping… Read more
RangeWater Real Estate Selects Andrew McIntyre for Senior Managing Director of Development
Atlanta, GA-based RangeWater Real Estate has welcomed Andrew McIntyre as senior managing director of development. McIntyre brings more than two… Read more
Cresa Adds Mike Burns as an Occupier Services Group SVP in DC Location
Mike Burns has joined Cresa’s Washington, DC, office as a SVP with the firm’s occupier services group. He will focus… Read more
Howard University’s Bond Bread Redevelopment Project in DC Gets Key Green Light
Redevelopment of the 2.2-acre Bond Bread Factory / WRECO Garage site at Howard University in Washington, DC has received approval… Read more
Calling for More Outstanding Commercial Real Estate Attorneys
Nominations have been streaming in for Connect CRE’s third annual Lawyers in Real Estate Awards, and we appreciate the positive response. However,… Read more
Cravath, Swaine & Moore Eyes the White House with 21K SF in DC Office
Law firm Cravath, Swaine & Moore, LLP, has inked a deal to occupy 21,065 square feet — the entire third… Read more
Northland Buys 22 Acres near Richmond for Live-Work-Play Development
Newton, MA-based Northland has acquired a 22-acre mixed-use development site within Innsbrook in Glen Allen, VA, a submarket of Richmond.… Read more
Madison Marquette Focuses on Its Strengths for Future Growth
Madison Marquette is positioning itself for future growth by refocusing on its roots as a real estate operator, investment manager… Read more
Pantzer Properties Closes Oversubscribed Fifth Fund
New York City-based Pantzer Properties, Inc. has reached the final closing of its fifth real estate fund, Panco Strategic Real… Read more