Maryland
Amazon Says Fully Automated Warehouses at Least a Decade Down Road
Fully automated warehouses buzzing with robots efficiently shipping orders out to customers may be what is envisioned, but that won’t… Read more
Fairfield by Marriott Hits 1,000 Properties with Denver Location
Fairfield by Marriott opened its 1,000th hotel location, making it the second brand in the Marriott International portfolio besides Courtyard… Read more
Pebblebrook Introduces the “Unofficial Z Collection” in Portland
Pebblebrook Hotel Trust completed the transformation of The Hotel Zags Portland, previously Hotel Modera in downtown Portland. The 174-room upper-upscale… Read more
CAPREIT Makes Second Apartment Buy in Michigan
CAPREIT has acquired Silver Lake Hills, a 310-unit market-rate apartment community in Fenton, MI, for an undisclosed sum. It’s the… 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
Amazon Executes 4.6M SF in Initial HQ2 Lease, Development Deals at National Landing
Chevy Chase, MD-based JBG SMITH executed three leases and two acquisition agreements with affiliates of Amazon.com, Inc. in conjunction with… Read more
ETF Trailblazer Claims HQ Space at Carr Properties’ Bethesda Asset
Washington, D.C.-based Carr Properties signed a new 55,000-square-foot office lease with ProShares at The Wilson in Bethesda, MD. The 361,000-square-foot… 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
Top Broker Honoree: Ethan Silverstein
A vice-chairman at Cushman & Wakefield, where he represents some of New York City’s largest and most prestigious tenants and… Read more
Gentrification and O-Zones
The Opportunity Zone program tucked within the Tax Cuts and Jobs Acts of 2017 focuses on pouring billions of capital… Read more
Donaldson, Declaration, Angelo & Gordon Grab Maryland MF
Rockville, MD-based The Donaldson Group, New York-based Declaration Capital, and New York-based Angelo, Gordon & Co. acquired Plaza Towers Apartments… Read more
KBS Inks 200K-SF Deal at Baltimore Harbor with Global Financial Firm
Newport Beach, CA-based KBS signed a 195,783-square-foot lease renewal with a multinational investment bank and financial services company at Thames… Read more
Saban Sells 14-Office Portfolio for $430M, Adds DC Asset for $170M
An affiliate of Los Angeles-based Saban Real Estate reportedly completed the sale of a 14-property office portfolio to Washington, D.C.-based… Read more
Greystar to Co-Develop Student Housing Gateway in Maryland
Salisbury University plans to break ground on the largest facility in campus history this fall, converting the former Court Plaza… Read more
Pebblebrook Divests Dupont Circle Hotel for $142M
Bethesda, MD-based Pebblebrook Hotel Trust closed on the sale of the 335-room Hotel Palomar Washington, D.C. for $141.5 million. The… Read more
Kushner Bulks Up Apartment Portfolio with $1.1B Lone Star Deal
Kushner Cos. has acquired more than 6,000 apartments in the Washington, D.C. suburbs of Maryland and Virginia from Lone Star… Read more
XPO Logistics to Shutter Rialto Warehouse After Losing Amazon’s Business
XPO Logistics will close its warehouse in Rialto and lay off 126 people who work there next month, after one… Read more
NRP Breaks Ground on 272-Unit Washington, D.C. Metro MF
The NRP Group broken ground on The Axiom at Cabin Branch, an upscale 272-unit rental apartment community in Cabin Branch,… Read more
CMBS Opportunity Zone Properties Exceed $65B, So Far
Since the Opportunity Zone program was enacted though the Tax Cuts and Jobs Act of 2017, more than $65 billion… Read more