Virginia
Home2 Suites by Hilton Opens in Falls Church
Hoffman & Associates has announced the opening of Home2 Suites by Hilton Falls Church in West Falls, VA. The hotel… Read more
US Cabinet Depot Signs 200K-SF Richmond Lease
US Cabinet Depot, a distributor of kitchen and bathroom cabinetry, has signed a lease with MacKenzie Investment Group for 194,400… Read more
JBG SMITH Consolidates Impact Investing Operations
JBG SMITH has launched LEO Impact Capital (LEO), a new investment management platform focused on acquiring, operating, and preserving middle-income… Read more
Man-Made Surf Resort Breaks Ground in Palm Desert
Construction has begun on DSRT Surf Resort, 17-acre property in Palm Desert that reportedly will be California’s first facility to… Read more
Rosewood Realty Arranges Norfolk $84M Apt Sale
Rosewood Realty Group has brokered the sale of Renew Little Creek, a 400-unit apartment community in Norfolk, Virginia, for $84… Read more
First Buc-ee’s to Be Replaced by Newer, Bigger Store
The new Buc-ee’s Luling will be the largest Buc-ee’s location in the country, bringing the largest Buc-ee’s back where the… Read more
Andreessen Horowitz to Open DC Office
Andreessen Horowitz, Silicon Valley-based venture capital firm, is set to open its first D.C. office, subleasing 12,000 square feet at… Read more
Macerich Charts New Direction with “Path-Forward” Plan
Macerich published its detailed Path-Forward plan to simplify the business, improve operational performance and reduce leverage under the leadership of… Read more
Prologis Moves Ahead with Sterling Data Center Plans
Prologis Inc. is moving forward with plans to redevelop some warehouses it owns in Sterling, Virginia, into data centers. The… Read more
Fairfax Approves Residential Rezoning in Tysons
Fairfax County’s Board of Supervisors approved the rezoning for a 23-story residential tower in Tysons’ Arbor Row, replacing a previously… Read more
BMIT Closes 1031 Exchange and Acquires Property in Charlottesville
Bonaventure, an integrated asset manager specializing in multifamily communities in the Mid-Atlantic and Southeastern regions, has closed two transactions. The… Read more
Amazon Data Center Arm Acquires Manassas Site for $218M
Amazon Data Services Inc., a subsidiary of Amazon.com Inc., has acquired a 91-acre site in Manassas for $218 million, Washington… Read more
Skanska to Construct College of Engineering at Virginia Tech
Skanska has been appointed by Virginia Tech to demolish Randolph Hall and construct Mitchell Hall, a new 285,500 square foot facility for the… Read more
CIM Sells Adams Morgan Apt Building for $68M
CIM Group has sold The Argonne, a 276-unit apartment building in Washington, D.C., for $68 million. The building, constructed in… Read more
Berkadia Secures $32M in Financing for Virginia Beach Resi Development
Berkadia has secured $31.85 million in construction/permanent financing for Vanguard Landing, a 128-bedroom community to be developed in Virginia Beach, Virginia. The financing was secured through… Read more
Kimco Pitches Changes for Arlington Shopping Center Redevelopment
Kimco Realty Corp. has proposed changes to its redevelopment plan for the Pentagon Centre in Arlington, near Amazon’s HQ2. The… Read more
Student Housing Preleasing, Rent Growth Decelerate; Still Ahead Y-O-Y
Preleasing at Yardi 200 schools reached 73.5% in April, exceeding last year’s rate by 50 basis points BUT decelerating somewhat… Read more
Berkadia Closes $41M in Financing & Sale for Arlington 162-Unit MF Property
Berkadia has facilitated the financing and sale of Marlowe Apartments, a 162-unit high-rise multifamily property in Arlington, Virginia. The firm’s… Read more