Virginia
MRP Realty, LaSalle Investment Management Near End of Crystal & Clark Redev
Washington, DC-based real estate operating company MRP Realty and LaSalle Investment Management have neared completion of their redevelopment efforts at… Read more
Harbor Group International Secures $585M from Canada Pension Plan Investment Board
Norfolk, VA-based Harbor Group International, LLC’s Multifamily Credit Fund has secured approximately $1.6 billion in capital commitments. The total includes… Read more
Redevelopment of Hagerstown Retail Center Lures Maryland’s First Boot Barn
Klein Enterprises, a vertically integrated investor, developer and operator of diversified real estate holdings, has completed the redevelopment of the… Read more
Middleburg Communities Adds Robin Bettarel as Managing Director of Development
Vienna, VA-based Middleburg Communities has appointed Robin Bettarel as managing director of development. She will be responsible for leading the… Read more
NorthRock Companies Uses $37M Loan to Acquire Henrico Community
Salt Lake City, UT-based NorthRock Companies has secured a $36.9 million fixed-rate Fannie Mae loan for the acquisition of Hickory… Read more
Virginia, California Investors Trade $5M for Gloucester Grocery-Anchored Center
SRS Real Estate Partners has completed the $49-million off-market sale of Walter Reed Plaza, a 52,164-square-foot neighborhood retail center located… Read more
Portland Becomes #1 Data Center Market in the World
The hottest data center in the United States has jumped nine spots in its world ranking, as Portland, OR is… Read more
Amazon Web Services Plans $35B Investment in VA Data Center Campuses
Amazon Web Services, an Amazon.com, Inc. company, plans to invest $35 billion by 2040 to establish multiple data center campuses… Read more
The Breeden Company Secures $81M for Second Refi of Virginia Beach Multifamily
The Breeden Company has secured $81.3 million in financing for Emerald Point Apartments & Townhomes, an 863-unit multifamily property located… Read more
Colliers Promotes Jessica Butterworth, Greg Nachman to Services Leadership Roles
Colliers has elevated Jessica Butterworth and Greg Nachman into new leadership roles within the company’s real estate management services line:… Read more
Capital Square Annual Equity Raise Numbers Jump 20% to $1B in 2022
Glen Allen, VA-based Capital Square, a sponsor of tax-advantaged real estate investments and a developer of multifamily communities, in 2022… Read more
Blackfin Real Estate Investors Adds Matthew Petrillo as Managing Director of Investments
Arlington, VA-based Blackfin Real Estate Investors, LLC has hired Matthew Petrillo as managing director of investments in the company’s first… Read more
Piedmont Office Realty Trust, The Institute for Justice Sign 34% Lease Expansion at Arlington Gateway
Building owner Piedmont Office Realty Trust and The Institute for Justice have agreed on a new lease for 33.5% more… Read more
Capital Square Buys Class A Miami Multifamily for $106M DST Raise
Glen Allen, VA-based Capital Square has acquired Parkland Apartments, a 396-unit Class A multifamily in the Miami suburb of Parkland,… Read more
Capital Square Acquires Class A Parkland Multifamily for $106M DST Raise
Glen Allen, VA-based Capital Square has acquired Parkland Apartments, a 396-unit Class A multifamily in the Miami suburb of Parkland,… Read more
Seminole Trail Management Acquires Class A Office in Virginia Beach for $16M
Seminole Trail Management has purchased the Pinehurst Centre, a 99,137-square-foot Class A office building located at 477 Viking Drive in… Read more
PREIT Brings Burlington Stores to Springfield Town Center, Hits Record Occupancy
PREIT has signed a lease with Burlington Stores for a new 30,000-square-foot store at Springfield Town Center in Springfield, VA… Read more
Ritz Banc Group Cheesed about $19M Richmond Multifamily Acquisition
Ritz Banc Group has acquired Forest Ridge Apartments, a 135-unit community located in Richmond, VA, for $19.3 million. Arlington, VA-based… Read more
Eastern Union Arranges $40M for Aubinoe Management to Refi 369-Unit Community in Arlington
Commercial real estate finance company Eastern Union has arranged the $39.7-million refinancing of Washington & Lee Apartments, a 369-unit multifamily… Read more