Virginia
RentCafe Says Adaptive Reuse on the Rise, YoY Growth is 17%
A recent article from RentCafe reported that adaptive reuse projects gained steam in 2023. Specifically, 17.6% more apartments were converted… Read more
Network Realty Proposes Fairfax Office-to-Townhome Redevelopment
Network Realty Partners is seeking to redevelop an aging suburban office building in Fairfax County, aiming to transform it into… Read more
Falls Church Development Adds 400-Unit Apt Building
Hoffman & Associates has unveiled The Alder, an eight-story residential building at 136 West Falls Station Boulevard in West Falls,… Read more
Berkadia Closes Sale & Finance for Martinsburg BTR Community
A joint venture between DSP Real Estate Capital and Rockbridge Investment Group has acquired the Meadows at Berkeley Ridge, a… Read more
CRC Acquires 160K-SF Richmond Retail Center
Continental Realty Corporation (CRC) has expanded its real estate portfolio with the acquisition of Gayton Crossing, a 160,830-square-foot shopping center in Richmond,… Read more
Blue Suede Hospitably Buys Charlottesville Quirk Hotel for $24M
Cushman & Wakefield has facilitated the acquisition of Quirk Hotel in Charlottesville, Virginia, by Blue Suede Hospitality. Blue Suede, a… Read more
JBG Smith to Close Three National Landing Offices
JBG Smith Properties is moving forward with plans to remove several aging office buildings in National Landing from service. The… Read more
Berkadia DC Metro Institutional Sales Team Tops $800M in 2024 Transactions
Berkadia DC Metro Institutional Sales Team has closed over $800 million in transactions year-to-date. Despite a 2023 investment volume decline,… Read more
SES Signs 35K-SF Lease Restructure in Reston
SES and SES Space & Defense have inked a 35,000-square-foot lease restructure and relocation at Reston Square, 11790 Sunrise Valley… Read more
TSCG Appoints Michelle Gutierrez DC Regional Manager
The Shopping Center Group (TSCG) has appointed Michelle Gutierrez as the new regional manager in Washington, DC. With over 24… Read more
Graham Holdings Inks 24K-SF Full Floor Lease in Rosslyn
Graham Holdings Company has secured a 15-year, full-floor office lease with Monday Properties for 24,023 square feet at 1812 N.… Read more
Beyer Automotive Inks 5K-SF Office Lease in Falls Church
Golden Eagle Group and Cushman & Wakefield have finalized a lease at 3130 Fairview Park Drive, a Class A office… Read more
Colliers Hires George Fox to Lead Norfolk Retail Team
Colliers’ Norfolk brokerage team has appointed George Fox as executive vice president. Based in Virginia Beach, Fox will be responsible… Read more
MCR, BLT Secure $632M Refi on Lodging Portfolio
MCR and partner Building and Land Technology (BLT) have closed a $632-million, three-year, fixed-rate financing on a portfolio of 53 hotels across… Read more
144-Affordable Homes Mixed-Use Opens in Arlington
Arlington Partnership for Affordable Housing (APAH) and Central United Methodist Church (CUMC) celebrated the opening of Unity Homes at Ballston,… Read more
Factors Shaping the Future of Data Centers
A report by Colliers discusses a sector impacted by hyperscale players and more capital Data centers have been a focal… Read more
Bruce Smith, Cordish to Build $1.4B Entertainment District in Petersburg
Virginia Beach-based Bruce Smith Enterprise and The Cordish Companies have proposed a $1.4 billion Live! Gaming & Entertainment District in… Read more
JBG SMITH Workforce Housing Initiative Exceeds 3K Units
JBG SMITH announced today that its Impact Pool, an affordable housing investment platform, has surpassed its goal by creating and… Read more
Carr Properties Acquires 250K-SF Alexandria MF Property
Carr Properties has acquired 901 N. Pitt Street in Alexandria, VA, aiming to transform the site into a 250,000-square-foot multifamily… Read more