District of Columbia
600K SF Available at Seneca One Tower
CBRE’s Buffalo, NY office announced it is leasing 600,000 square feet of office space at Seneca One Tower. The 40-story,… Read more
Software Trainer Opens First OC Bootcamp
Coding Dojo signed a 12,000-square-foot lease at the Hive, a 190,000-square-foot creative office campus at 3333 Susan St. in Costa… Read more
As Preschoolers Grow, So Does Education
The childcare franchising industry brings in an average of $2.6 billion in annual revenue. Georgia-based Primrose Schools, an organization of… Read more
GIC Teams with Beacon on $1B Deals
Singapore sovereign wealth fund GIC partnered with Beacon Capital Partners and other investors to acquire 2.1 million square feet of… Read more
Meridian Group Closes $231M CRE Fund
Meridian Group, a Bethesda, MD-based company that invests in Washington, D.C., closed its second fund, Meridian Realty Partners II LP,… Read more
Blackstone Closes $1.7B U.S. Transaction
Blackstone closed its deal with Swedish pension fund manager Alecta, paying $1.7 billion for 21 office, retail, multifamily and industrial… Read more
416K-SF Office Park Sells
Bridge Investment Group acquired WestMark Office, a 416,311-square-foot, two-building office complex at 11000 W. Broad St. in Glen Allen, VA… Read more
1,088-Unit Multifamily Property Sells
GoldOller Real Estate Investments nabbed the Seasons Apartment, a 1,088-unit multifamily property at 9220 Old Lantern Way in Laurel, MD.… Read more
550 Abernathy Apartments Snagged for $31M
StoneBridge Investments, based in Washington DC, acquired the 550 Abernathy Apartments in Atlanta, GA, for $31 million. Harbor Group, seller… Read more
James Center Acquired for $108M
Riverstone Group acquired the one-million square-foot James Center complex in downtown Richmond, VA from LNR Partners LLC for $108 million.… Read more
First Ever Twitter Transfer of Power
President Trump was sworn in as President of the United States on January 20, 2017 in a transfer of political power,… Read more
Innovation District Proposed for Civic Center
A proposed master plan for the City of Los Angeles’ Civic Center incorporates innovation districts designed to infuse more life… Read more
Alamo Drafthouse Breaks into D.C. Market
Alamo Drafthouse Cinema announced its first Washington, D.C. location. The 44,000-square-foot theater will go north at MRP Realty’s Bryant Street… Read more
AFIAA Closes on its Largest U.S. Deal
AFIAA Foundation for International Real Estate, headquartered in Switzerland, closed on its largest U.S. acquisition so far. Specifically, the buyer… Read more
Equinix to Pay $3.6B for Verizon Data Centers
Equinix Inc., headquartered in Redwood City, CA will pay New York-based Verizon Communications Inc. $3.6 billion to acquire 24 data… Read more
McDonald’s Rolling Out Table Service
McDonald’s plans to roll out table service shortly in many of its U.S. locations. Customers will order from a kiosk,… Read more
Minimum Wage Goes Up in Four States
After Tuesday’s election, there are four states where workers can celebrate. Washington, Arizona, Maine, and Colorado all voted to increase… Read more
1025 Thomas Jefferson Sells to UK Investor for $142M
Alduwaliya Asset Management of the United Kingdom struck a deal with the JBG Companies for ownership of the 317,248-square-foot 1025… Read more
Greysteel Arranges Finance Package for DC Infill Asset
Greysteel arranged $14.9 million in senior debt and preferred equity for the acquisition and construction of the vacant property at… Read more