Virginia
Steadfast Snares First MF in Virginia for $30M
Steadfast Apartment REIT III, Inc. acquired Cottage Trails at Culpepper Landing, a Class A 183-unit garden-style apartment-home community located in Chesapeake,… Read more
Capital Square 1031 Acquires Portfolio of Nine MOBs in Five States
Richmond, VA-based Capital Square 1031 acquired a portfolio of nine medical office buildings located in five states. Each property is… Read more
$95.5M Financing Arranged for Alexandria, VA MF
A joint venture involving Lincoln Property Company secured $95.5 million in acquisition financing for Meridian at Carlyle, a 16-story, 403-unit… Read more
Software Developer Selects Tysons’s Valo Park for HQ
Appian selected Valo Park at 7950 Jones Branch Dr. in Tysons, VA as the new location for its 200,000-square-foot headquarters. The global innovator in enterprise… Read more
WPC Breaks Ground on Stone Ridge Medical Center in Dulles, VA
Washington Property Company (WPC) commenced construction on the $21-million Stone Ridge Medical Center, a new 67,000 square foot state-of-the-art medical… Read more
U.S. Customs and Border Protection Taking 445K SF in Ashburn, VA
American Real Estate Partners (AREP) and Loudoun County finalized a 445,000-square-foot lease agreement with the GSA to bring the headquarters… Read more
520-Unit MXU Community Launched in Virginia
Perseus TDC, an affiliate of Transwestern Development Co., and its partner Four Points LLC commenced construction on the conversion of… Read more
$94M Cancer Center Planned in Norfolk
Sentara Healthcare plans to commence a multi-year, $93.5-million construction project to build a cancer center on the campus of Sentara Leigh Hospital… Read more
$300M Chesapeake MXU Development Moves Forward
Summit Pointe Realty, LLC unveiled plans for the continued development of Summit Pointe, Chesapeake, VA’s newest, largest and tallest urban lifestyle community.… Read more
$150M Multifamily Development Moves Ahead in Arlington
Erkiletian Development Company secured construction funding and broke ground on The Sur, a luxury 360‐unit Class A multifamily development in… Read more
NY Investor Bolsters N VA Portfolio with $115M Buy
Chatsworth Park, a 576-unit apartment community in Manassas, VA, was acquired by Panco Strategic Real Estate Fund III, an affiliate… Read more
PS Business Parks, Kettler Open Tysons’ Highgate MF
Glendale, CA-based PS Business Parks, Inc. commemorated the grand opening of Highgate, a luxury mid‐rise apartment community located in Tysons,… Read more
Amazon Planning 1M-SF E-Commerce Facility in Virginia
Amazon.com Inc. announced plans to establish an e-commerce warehouse and distribution operation in Frederick County, VA. The one-million-square-foot facility, which… Read more
Groundbreaking Takes Place for Virginia Mixed Use
Developer EDENS officially broke ground on 530 First Street, a retail and residential redevelopment in Alexandria, VA’s Old Town. Actual… Read more
$58M Nets 15 Buildings
Finmarc Management of Bethesda, MD acquired a 15-building, 750,000-square-foot industrial portfolio in northern Virginia. Seller Steuart Investment Co., based in… Read more
Marriott Short Pump Sells for $39M
Lingerfelt CommonWealth Partners LLC parted with the 243-room Richmond Marriott Short Pump. The buyer, a partnership of regional investors, purchased… Read more
Kingsmill Resort Acquired for $31M
Escalante Golf, headquartered in Texas, acquired the 422-room Kingsmill Resort in Williamsburg, VA. The resort, which was originally built and… Read more
Nestlé USA Relocating HQ to Virginia
Nestlé USA will relocate its U.S. headquarters from Glendale, CA to an office tower in Arlington, VA. The food and… Read more
Bank of America Center Sells for $38M
An investment team led by New York-based Longships Capital Partners struck a deal with Bank of America (operating under the… Read more