Maryland
Cordish Joins Team for $2.5B Jacksonville MXU Development
Baltimore-based The Cordish Companies joined a joint-venture that includes Iguana Investments and the Jacksonville Jaguars to develop a $2.5-billion mixed-use… Read more
BlackRock Buys Bethesda Transit-Oriented MXU
Flats at Bethesda Avenue, a mixed-use residential and retail property located in the heart of Bethesda, MD, has been sold… Read more
Chase Claims 12-Story DC Building for $140M
JPMorgan Chase acquired the 12-story Bowen Building in Washington, DC from Chevy Chase, MD-based JBG Smith for $140 million. The… Read more
Downtown Columbia, MD Transforming into Hub of Technology, Innovation
The Howard Hughes Corporation broke ground on the first urban, walkable neighborhood within Downtown Columbia, MD’s Merriweather District. A new… Read more
Global Medical REIT Closes Ohio MOB Portfolio Acquisition
Global Medical REIT Inc. completed the acquisition of the Belpre Medical Office Portfolio in Belpre, OH for an aggregate purchase… Read more
Demand Drivers Make Industrial “Cream of the Commercial Real Estate Crop”
Industrial vacancies at year-end 2017 reached their lowest levels nationally since Ten-X Commercial began tracking the sector in 1999. By… Read more
KBS Legacy Partners Divests MF Portfolio for $480M
KBS Legacy Partners Apartment REIT, Inc. divested 11 multifamily communities totaling 3,039 units located in core markets in Minnesota, Illinois,… Read more
$199M Financing for 11-Property Maryland Portfolio
CBRE Capital Markets’ Debt & Structured Finance team arranged a $199 million loan on behalf of San Diego-based Strata Equity… Read more
FCP Acquires 574-Unit MF in Charlotte for $60M
Maryland-based FCPSM acquired the Reserve at Providence, a 574-unit, garden and townhome-style apartment community in Charlotte, NC, from an unnamed California entity for… Read more
Blackstone Buying 41-Property Portfolio from FRP for $359M
An affiliate of Blackstone Real Estate Partners VIII, L.P. is acquiring 41 industrial warehouses and two adjacent lots from Jacksonville-based… Read more
ASB Sells Three Remaining Data Centers to IPI Partners
Bethesda, MD-based ASB Real Estate Investments (ASB) completed the all-cash sale of its three remaining data centers and their operations… Read more
Blackstone REIT Acquires $1.8B Canyon Industrial Portfolio
Blackstone Real Estate Income Trust, Inc. acquired the Canyon Industrial Portfolio, a 22-million-square-foot portfolio of industrial assets, for roughly $1.8… Read more
CGA Closes on Buy of VA Offices in Cleveland
An affiliate of CGA Real Estate Services has closed on the acquisition of office buildings occupied primarily by the Department… Read more
Amazon Books Opens First Texas Locale in Austin
The first Amazon Books location in Texas has opened at the Domain Northside mixed-use development on Austin’s far-north side. The… Read more
$245M Construction Financing for New US Citizenship Immigration HQ
Washington, DC-area developer One Town Center, LLC, obtained more than $245 million in financing to develop the new national headquarters… Read more
NKF’s Kasselman Brokers Ind. Deals in Chicagoland
NKF’s Geoffrey Kasselman has completed a series of industrial deals—leases as well as sales—in both Chicagoland and the suburbs of… Read more
DiamondRock Acquires South Lake Tahoe Resort & Spa
Bethesda, MD-based DiamondRock Hospitality Company acquired The Landing Resort & Spa, a luxury resort in Lake Tahoe, CA for $42… Read more
One Dulles Tower Trades for $226M
Affiliates of Harbor Group International, LLC acquired One Dulles Tower from Chevy Chase, MD-based FCP for $226 million. The 403,622-square-foot,… Read more
Top Broker Honoree: Transwestern’s Gerry Trainor
Gerry Trainor closed sales of office and industrial properties totaling $591 million in 2017. From Transwestern’s offices in Washington, DC,… Read more