District of Columbia
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
Foulger-Pratt to Develop 197-Unit Apartment Property in D.C. Navy Yard
Potomac, MD.-based developer Foulger-Pratt has announced plans to develop a 197-unit apartment community in D.C.’s Navy Yard. The $72-million project… Read more
CBRE Sees Leading Office Markets in Recovery Mode
Activity in the 12 largest U.S. office markets indicates that many have started their recovery from the pandemic-induced downturn, according… Read more
Avison Young Tapped to Sell 10K-SF D.C. Development Site
Avison Young’s Capital Markets Group has been tapped to sell 1109 Congress Street NE, a 10,000-square-foot property in Washington that… Read more
Office Tenants Are Kicking the Tires Again
With an increasing number of reports that office-using tenants are pushing back their return-to-work timelines, it’s easy to lose sight of the fact that a recovery in the sector is underway.… Read more
Marcus & Millichap Tapped to Sell Two Coliving Apartments in D.C.
Marcus & Millichap has been tapped to sell Common Richardson and Common Monroe, two turnkey coliving apartment buildings located in… Read more
Middleburg Communities Taps TJ Sedeski as Assistant VP, Investments
Vienna, VA.-based multifamily development, investment, construction and management company Middleburg Communities has tapped TJ Sedeski as Assistant Vice President of… Read more
JLL Arranges $766M Sale of D.C. Office Portfolio
JLL has brokered the $766 million sale of a 12-property office portfolio totaling 2.3 million square feet in the Washington… Read more
Walker Webcast: JBG Smith’s Kelly Sees HQ2 as “Unbelievable Demand Driver”
“What we have here in Amazon is an unbelievable demand driver” for multifamily as well as office, JBG Smith CEO Matt Kelly… Read more