District of Columbia
CushWake Leads Multi-Million Dollar Repositioning of Office in Bethesda
Cushman & Wakefield is leading a multi-million dollar capital improvement program to reposition a Class A, 185,000-square-foot office asset in… Read more
DC Office Development Project Receives $216M Investment Infusion
Skansa has invested nearly $220 million into the Washington, D.C., office development project 17xM. Space in the building is currently… Read more
Nominate a Standout Attorney for Connect CRE’s 2021 Lawyers in Real Estate Awards
Last year, Connect CRE followed up on our well-received Next Generation Awards and Women in Real Estate Awards with the… Read more
Boston Targets Commercial Buildings for Carbon Emission Elimination
The Boston City Council has unanimously approved an ordinance that addresses climate change by requiring all buildings larger than 20,000… Read more
Avison Young Arranges Loan for 119-Unit Alexandria Multifamily Project
NOVO Properties is to break ground on their construction of the 119-unit multifamily project in Alexandria, VA after securing construction… Read more
Richard Drummond Joins PRP as New Director of Opportunity Zones
Richard Drummond has joined PRP to manage land acquisitions in qualified Opportunity Zones throughout the country. Drummond is a veteran… Read more
Avison Young’s Vitality Index Helps Office Occupiers Decide When It’s Time to Return
For office occupiers looking to return to in-person working, the pandemic continues to throw curve balls—or, to bring in another sports metaphor,… Read more
Q&A: Tackling Affordable Housing in D.C. with JPMorgan Chase’s Brett Macleod
It’s no secret that Washington, D.C., is one of the most expensive U.S. cities to live in. As such, there… Read more
JLL Closes $168M Grocery-Anchored Portfolio Sale for WashREIT
JLL Capital Markets has closed the $168.3-million sale of a portfolio of eight infill neighborhood retail assets totaling 695,991 square feet in… Read more
Multifamily Sale at Walter Reed Redevelopment Marks PGIM Real Estate Fund’s First Round-Trip Investment
PGIM Real Estate’s Impact Value Partners (IVP) fund has realized its first asset through the sale of The Vale in Washington,… Read more
Occupier-Centric Cresa Appoints Jon Olmstead as D.C. Principal
On September 22, Cresa announced the return of Jon Olmstead as a Principal in the D.C. office. During his previous… Read more
JBG SMITH Divests 500 L’Enfant Plaza in DC
JBG SMITH and Landmark Partners have sold 500 L’Enfant Plaza, a 215,000-square-foot office property in Washington, DC, for $167 million. The buyer wasn’t identified.… Read more
Stream Realty Partners Opens Northern Virginia Office
Stream Realty Partners is opening an office in Northern Virginia. Twenty-year real estate veteran Anthony Chang will lead the office, serving as managing director. … Read more
Hines Partnership Launches Co-Living Project at The Parks at Walter Reed
Hines, Urban Atlantic, and Triden Development Group have closed on just under an acre of land at The Parks at… Read more
ASB/Arcland JV Partners on Self-Storage Portfolio
ASB Real Estate Investments and Arcland Property Company have closed a joint venture to acquire a 595,888-square-foot self-storage portfolio of eight buildings located in markets… Read more
Marx Realty Secures 8K-SF Office Lease at Herald Building in D.C.
New York-based owner, developer and manager of office, retail and multifamily properties Marx Realty has secured a 10-year office lease… Read more
SRS Arranges $17M Sale of CVS-Occupied Retail Property in D.C.
SRS National Net Lease Group’s Washington D.C. team has arranged the $17.1 million sale of an 8,754-square-foot retail property occupied… Read more
JLL Secures $37M Construction Loan for D.C. Condo Project
JLL has arranged a $37.3 million construction loan for the development of Kite House at The Parks at Walter Reed,… Read more
Imperium Capital Acquires Four-Acre Parking Facility Near Port of Savannah
New York-based Imperium Capital has acquired a secured truck and trailer parking facility in Savannah. The four-acre property was purchased… Read more