Gaithersburg
KLNB’s New Multifamily Team Completes Gaithersburg Sale
KLNB’s new multifamily yeam has completed its first transaction under the KLNB banner with the sale of Governor Square Apartments, a 238-unit… Read more
Guardian Realty Investors Secures $93M Perm, Bridge Financing for DC Property Collection
Bethesda, MD-based Guardian Realty Investors, LLC has closed on $93.1 million in permanent and bridge financing arranged by Bellwether Enterprise… Read more
Finmarc Management Sells $4M Office in Gaithersburg’s Biotechnology Hub
Russell Plaza, LLC has completed its $4.1-million acquisition of 811 Russell Avenue, a 32,000-square-foot suburban office asset located in Gaithersburg,… Read more
Minkoff Development Corporation Finds Take for 24K SF at Shady Grove Development Park
Germantown, MD-based real estate property owner Minkoff Development Corporation and tenant Quality Biological, Inc. agreed on 24,000-square-foot lease at Shady… Read more
Carter Multifamily Secures $302M to Refinance Six-Property Portfolio
Tampa, FL-based Carter Multifamily has received $262 million in debt and $40 million in equity secured by JLL for the… Read more
JLL Capitalizes $302M for Refinancing of Six-Property DC Area Portfolio
JLL has secured $262 million in debt and $40 million in equity for the refinancing of a six-property, 1,494-unit, garden-style… Read more
WRS Shocks New Life into Dead Mall in Gaithersburg with $84M Loan
PCCP, LLC, has provided an $83.9-million senior loan to WRS, Inc., to finance the 102-acre site housing the Lakeforest Mall… Read more
Divaris Facilitates Sale of Gaithersburg Office Condo for $2M
Divaris Real Estate has completed the sale of an 8,422-square-foot office condo in the Crown Pointe Office Park complex in… Read more
SKS, MRK Acquire $51M Gaithersburg Apartments for Conversion to Affordable Housing
Rockville, MD-based SKS Realty Partners has joined with MRK Partners of Los Angeles, CA to acquire Amber Commons, a 198-unit… Read more
Carter Multifamily Secures $319M for Six-Property Portfolio across MD, VA and AL
JLL has secured a $318.5-million acquisition loan for a six-property, 1,494-unit multi-housing portfolio: Park at Kingsview Village, Germantown, MD Stonecreek… Read more
Grosvenor Closes Sale of Sawyer Flats Multifamily in Gaithersburg
Grosvenor Americas has sold the Sawyer Flats residential community in Gaithersburg, MD, to an undisclosed buyer. Grosvenor acquired the 648-unit… Read more
PRP Trades Net-Leased Gaithersburg Offices for Reported $119M
PRP has sold Two Washingtonian, a 294,000-square-foot office building in Gaithersburg, MD that is 100% net leased to Leidos, for a reported $119 million. The buyer was a… Read more
MaxCyte Inks 67K-SF Office Lease in Rockville
Life sciences company MaxCyte, Inc. has signed a 67,000-square-foot office lease at 9713 Key West Avenue, a five-story, 120,000-square-foot commercial… Read more
JRK Property Holdings Acquires 538-Unit MF Property in Gaithersburg
JRK Property Holdings has acquired Cadence at Crown, a 538-unit multifamily community in Gaithersburg, MD. The sales price was not… Read more
KBS REIT III in $1.2B Office Sale to Newly-Formed Singapore REIT
(This article has been updated with new information.) KBS Real Estate Investment Trust III has agreed to sell an 11-property… Read more
WashREIT Acquiring Value-Add D.C. Metro MF Portfolio for $461M
WashREIT is buying a 2,113-unit multifamily portfolio for roughly $461 million in a deal expected to close in Q2 2019.… Read more
Elion, Buchanan Break Ground on 254-Unit Lux MF in MD
Gaithersburg, MD-based Buchanan Partners and Elion Partners commenced development of Atelier, a 254-unit luxury multifamily building adjacent to the Glenmont… Read more
AvalonBay Sells 684 Units for $117M
AvalonBay Communities sold the 684-unit Eaves of Gaithersburg, located in Gaithersburg, MD. The selling REIT collected $117 million from buyer… Read more