Virginia
Middleburg Communities Hires Kyle Chase as Director of Acquisitions
Vienna, VA.-based real estate investment, development and property management firm Middleburg Communities has hired Kyle Chase as Director of Acquisitions,… Read more
Aligned Starts Construction on Second Hyperscale Data Center in Ashburn
Data center provider Aligned has begun construction on the expansion of its hyperscale data center campus in Ashburn. Work has… Read more
Avison Young Arranges Sale of 53K-SF Medical Office Building in Fairfax
Avision Young has brokered the sale of a medical office building located at 8301 Arlington Blvd. in the Merrifield submarket… Read more
Mid-Atlantic Retail Portfolio Trades for $90M
Slate Retail REIT has acquired a seven-property, grocery-anchored retail portfolio in the Mid-Atlantic for $90 million. The portfolio totals 623,770… Read more
NOVA Industrial Market: Where We Stand and What’s Next
By Marc Tasker, Principal, NAI KLNB Northern Virginia’s industrial market can be summed up in a tale of two worlds… Read more
PRC Secures $29M Bridge Loan for D.C. Metro Office Building
Phillips Realty Capital (PRC) has arranged a $29 million loan for Reston Metro Center One, a 124,076-square-foot office building in… Read more
Microsoft Signs 400K-SF Lease at Reston Town Center in Metro D.C.
Tech giant Microsoft has signed a 400,000-square-foot office lease at Two Freedom Drive in Reston. The new office will have… Read more
Avison Young Tapped to Sell Loudon County Office Campus
Avison Young has been tapped to sell Riverside Landing, an office campus in Loudon County, VA., which features one 83,000-square-foot,… Read more
PointOne, NRP Announce 390-Unit MF Project in Tysons Corner
PointOne Holdings, in partnership with NRP Group, has announced the development of Highland District, a 390-unit multifamily community in Tysons… Read more
Fairfax County Now Home to 11 Fortune 500 Headquarters
Fairfax County, VA. is home to 11 Fortune 500 companies for the first time, according to Fortune magazine’s recently published… Read more
Crystal City BID Launches Art Campaign
The Crystal City Business Improvement District (BID) has launched #LoveNationalLanding, a new art campaign aimed to liven the local streetscape… Read more
Berkadia Lines Up Nearly $200M in Refi, Acquisition Debt
Berkadia recently completed deals totaling nearly $195 million for five multifamily properties, including four in the Washington, D.C. metro area. A… Read more
Global Medical REIT Acquires MOB in Northern VA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of Dumfries Health Center, a 99,718-square-foot medical office building in Dumfries,… Read more
Nordstrom Permanently Closing 16 Full-Line Stores in Nine States
Seattle-based Nordstrom, Inc. outlined plans to increase flexibility and agility in serving customers and position the business for the long-term… Read more
Hilton’s Nassetta Expects “Dramatic Impact” from Pandemic on Q2 Results
Hilton Worldwide Holdings’ RevPAR decreased 22.6% in the first quarter and 57% for the month of March, while net income… Read more
37th Parallel Re-Enters Austin Market
Virginia-based 37th Parallel Properties Investment Group acquired a three-property garden-style multifamily portfolio in Austin and San Antonio on behalf of its investors and family… Read more
Capital Square Adds Construction VP
Richmond, VA-based Capital Square, a national investment sponsor specializing in tax-advantaged real estate offerings, has hired Michael Ollinger as VP of… Read more
Common Launches Brand for Workforce Renters
Co-living developer Common has launched its new workforce housing brand, Noah Living, in partnership with Outlier Realty Capital. The brand… Read more
J.Crew Files for Chapter 11 Protection
Apparel retailer J.Crew, headquartered in Lower Manhattan, filed for Chapter 11 protection Monday. The filing in U.S. Bankruptcy Court for the… Read more