Virginia
UIP, Churchill Living Acquire $200M Apartment Tower Near Amazon HQ2
An affiliate of The UIP Companies, Inc., and an affiliate of Churchill Living have acquired The Millennium, a 300-unit multifamily… Read more
FCP, KETTLER Complete $106M Disposition of Sterling Apartment Community
FCP and partner KETTLER have sold Fields at Cascades Apartments to Jair Lynch Real Estate Partners and Nuveen Real Estate… Read more
Harbor Group Spends $475M on Workforce Housing Portfolio in Research Triangle
Affiliates of Norfolk, VA-based Harbor Group International, LLC, have acquired an eight-asset portfolio of workforce housing communities in NC’s Research… Read more
Nike Opens “Nike Live” Retail Concept in Virginia Beach Town Center Space
Nike has opened a “Nike Live” store in 5,000 square feet of leased space in Virginia Beach’s Town Center. Gerald… Read more
Truman is KWA’s Largest HUD Section 221 Property
KWA Construction recently finalized construction of The Truman, Phase II of Arlington Commons, the largest HUD Section 221(d)(4) property built… Read more
St. John Properties’ Matt Holbrook Appointed to Loudoun County EDAC
Matt Holbrook, regional partner for Baltimore-based St. John Properties, Inc., has been appointed to the Loudoun County Economic Development Advisory… Read more
Carter Multifamily Secures $319M for Six-Property Portfolio across MD, VA and AL
JLL has secured a $318.5-million acquisition loan for a six-property, 1,494-unit multi-housing portfolio: Park at Kingsview Village, Germantown, MD Stonecreek… Read more
Boston-Based Partners Dip into DC Area for $90M in Industrial Investments
Oliver Street Capital, a Boston-based investor focused on infill industrial properties, and Bain Capital Real Estate, the real estate investing… Read more
JBG SMITH Launches Two-Building Mixed-Use Project in National Landing
JBG SMITH has started construction on a pair of multifamily towers at 2000 and 2001 South Bell Street in Arlington’s… Read more
JV Acquires Roanoke County’s Kroger-Anchored Spartan Square for $17M
Colliers has brokered the sale of Spartan Square, located on West Main Street in Salem, VA for $16.5 million. The… Read more
$223M: COPT’s Sale Price for 243K-SF Data Center in Manassas
Columbia, MD-based Corporate Office Properties Trust has sold COPT DC-6, a 243,000-square-foot data center in Manassas, VA, for $223 million.… Read more
Blue Water Acquires “Park of the Year” Campground, Donates $150K to Homeless Program
Ocean City, MD-based Blue Water has expanded its partnership with Sun Outdoors with the acquisition of Tall Pines Harbor Campground… Read more
Highwoods, Brand Properties JV to Develop $79M Office in Buckhead
Highwoods Properties, Inc., and Brand Properties, LLC have formed a joint venture to construct 2827 Peachtree, a 135,000-square-foot, multi-customer office… Read more
St. John Properties’ $85M Arcola Center Pivots from Retail to Commercial Use
The Loudoun County Board of Supervisors has granted final approval to St. John Properties, Inc., for a zoning change of… Read more
MacKenzie Management Secures Five New Assignments Across the CRE Spectrum
Lutherville, MD-based MacKenzie Management Company, LLC, has secured five new assignments to provide property management services for more than 400,000… Read more
Finmarc Management Sells Manassas Industrial Portfolio for $46M
Bethesda-based Finmarc Management, Inc., has disposed of a six-building portfolio comprising 212,000 square feet of warehouse/flex space in Manassas, VA… Read more
Global Data Center Development Scales Up with Demand
For the global data center market, 2021 saw the previous year’s burgeoning changes in demand become permanent, said Kevin Imboden, Cushman & Wakefield’s director… Read more
SRS Brokers $27M Sale of Old Town Alexandria Whole Foods Condo
SRS national net lease group’s Andrew Fallon and Rick Fernandez, partnering with Joe Friedman, partner at Edge and managing director… Read more
WPC Takes The Mark Apartment Tower in Alexandria for $53M Million
Bethesda, MD-based Washington Property Company has acquired The Mark, a 227-unit multifamily in Alexandria, VA, for $52.7 million. The seller,… Read more