Virginia
Hilco to Redevelop Former Coal-Fired Power Plant in Alexandria
Hilco Redevelopment Partners (HRP) has acquired the 20-acre Potomac River Generating Station in Alexandria. The former coal-fired power plant was… Read more
Matan Cos. Delivers 188K-SF Spec Industrial Property in Manassas
Matan Cos. has announced the delivery of Parkway 66, a 187,787-square-foot speculative industrial building in Manassas. Located at the intersection… Read more
NorthMarq Secures $42M Refinancing for Southern Virginia MF Portfolio
NorthMarq has secured a $41.7 million refinancing for a multifamily portfolio in Southern Virginia. The three-property portfolio consists of a… Read more
JLL Brokers $90M Sale of Falls Church Office Building
JLL has arranged the $90 million sale of a 257,489-square-foot office building in Falls Church, VA. Bill Prutting, Jim Meisel… Read more
Standard Communities Acquires Seniors Housing Property in Virginia Beach for $22M
Standard Communities, the affordable housing division of Standard Companies, has acquired The Commons at Princess Anne, a 186-unit affordable apartment… Read more
Women in Real Estate 2020: Better Housing Coalition’s Monique Johnson is Influential Affordable Housing Professional
As an African-American Chief Operating Officer of a $15-million affordable housing nonprofit, Monique Johnson stands out in the traditionally white-male-dominated… Read more
Women in Real Estate 2020: McCaffery Interests’ Carly Stevenson Creates Value
Carly Stevenson provides leadership for McCaffery Interests’ internally owned and fee managed multifamily portfolio totaling 5,000 units across Chicago, Washington… Read more
Meridian Arranges $513M Refi for Harbor Group
Meridian Capital Group arranged $513 million in financing to refinance eight multifamily properties included within the Beacon Portfolio in Maryland, Virginia,… Read more
CushWake Secures 22K-SF Office Lease in Charlotte
Cushman & Wakefield has arranged a 22,243-square-foot office lease for Community Alternatives at INQ @ 2401, an office property in… Read more
Richmond Retail Center Trades for $11M
A partnership between Auerbach Funds, Elevation Real Estate Group and Beechmont Acquisitions has acquired Parc Place, an 82,968-square-foot shopping center… Read more
Alexandria Apartment Property Trades for $145M
Multifamily real estate investment trust UDR has divested from DelRay Tower, a 332-unit multifamily property in Alexandria. The sales price… Read more
Geodis Logistics Inks 350K-SF Industrial Lease in Northern Virginia
Freight transportation and logistics firm Geodis Logistics has signed a five-year, 348,500-square-foot industrial lease to distribute Red Bull products out… Read more
Le Pain Quotidien to Expand in Former Maison Kayser Locales
Aurify Brands plans to add at least 10 Le Pain Quotidien (LPQ) restaurants in New York City at locations formerly occupied… Read more
Greystone Provides $24M Refinancing for 190-Unit MF Property in Virginia
Commercial real estate lending, investment and advisory company Greystone has provided a $24 million HUD-insured loan to refinance Tapestry Park… Read more
Rappahannock Development Group Names Prate as CIO in Virginia
Fredricksburg-based residential and commercial real estate development firm Rappahannock Development Group has named Tommy Prate Chief Investment Officer. Prior to… Read more
Alexandria Industrial Campus Trades for $46M
PS Business Parks Inc. has acquired Pickett Industrial Park, a three-building, 246,000-square-foot industrial campus in Alexandria, VA. The sales price… Read more
Newmark Brokers Sale of Six-Building Office Portfolio in Metro Baltimore
Newmark has arranged the sale of 6200-6250 Old Dobbin Lane, a six-building, 253,079-square-foot Class A suburban office portfolio in Columbia,… Read more
Volkswagen Inks 196K-SF Office Lease at Reston Town Center
Publicly-traded developer Boston Properties has secured a 196,000-square-foot office lease with Volkswagen Group of America at the 1.1 million-square-foot next… Read more
CushWake Arranges $38M Acquisition Financing for Virginia Industrial Portfolio
Cushman & Wakefield has secured a $38.1 million in acquisition financing for a four-property industrial portfolio in Suffolk and Chesapeake,… Read more