Virginia
Hotels Up Their Game on Cleaning Protocols
By Paul Bubny Arguably the hardest-hit commercial property sector in terms of economic fallout from the COVID-19 pandemic—only brick-and-mortar retail… Read more
Co-working Provider MakeOffices Names New CEO
Jeffrey V. Langdon has been named CEO of Arlington, VA-based MakeOffices, succeeding Zach Wade. He will continue the evolution of… Read more
When Office Doors Finally Reopen, What Can We Expect to Find?
By Paul Bubny The commercial real estate industry has been collectively working overtime in preparation for the day restrictions are… Read more
Capital Square Adds VP of Sales for New England
Capital Square, a national investment sponsor specializing in tax-advantaged real estate offerings, added Marc Meunier as regional VP, responsible for sales in… Read more
Crystal City BID Will Rename as It Expands Reach
The Crystal City Business Improvement District received formal approval from the Arlington County Board to change its name to the National Landing… Read more
Washington REIT Finalizes $57M Sale of John Marshall II
Washington Real Estate Investment Trust closed its previously announced sale of John Marshall II in Tysons, VA to an undisclosed… Read more
Davis-Gemini JV Divests Durham MF for Nearly $66M
The Lodge at Croasdaile Farm, a 320-unit, garden-style and townhome apartment community in Durham, NC was acquired by Virginia-based RST… Read more
Velocis Buys Rosslyn Offices in Value-Add Play
Dallas-based private equity real estate manager Velocis purchased 1530 Wilson Blvd., a 171,373-square-foot, Class A office building in Rosslyn, VA,… Read more
Berkadia Arranges $67M in Virginia Deals
Berkadia’s Richmond, VA office closed two separate HUD transactions totaling nearly $67 million for properties in the Hampton Roads and… Read more
Flagship Healthcare Expands VA Footprint with Newly-Built MOB
Flagship Healthcare Properties expanded its Virginia footprint with the acquisition of a 15,457-square-foot, newly-constructed medical office building in Prince George, just south of… Read more
C-Store Royal Farms Adds 2 MD Locations
KLNB recently facilitated the opening of two new Royal Farms in Maryland. Principals Ryan Minnehan and Patrick Miller represented the convenience store chain… Read more
Meridian Group Adds 430K SF of Office in Tysons
The Meridian Group, headquartered in Bethesda, MD, has acquired a pair of Class B Tysons Corner, VA office buildings from… Read more
New Reagan Airport Concourse on Track for 2021 Opening
Even as the coronavirus pandemic has slowed air travel to a trickle and put numerous construction projects on pause, it… Read more
ROSS Teams with Allagash on Newport News O-Zone Investment
ROSS Companies assisted in the acquisition by Allagash Opportunity Zone CRE Fund I of Woodlands at Oyster Point, a 152-unit… Read more
Network Realty JV Plans Overhaul of D.C.’s 2100 M St.
A joint venture of Network Realty Partners and Meadow Partners is aiming for a July start on a major overhaul of 2100 M… Read more
Data Centers Continue Upward Trajectory
Data center absorption rates in U.S. major markets posted a new record of 396.4 megawatts in 2019, a 33% gain… Read more
Greystar to Build Student Housing Near Virginia Tech
A 517,000-square-foot student housing community will be built near Virginia Tech in Blacksburg, VA. New York City-based Eyzenberg & Co. structured… Read more
Hilton, American Express Donate 1M Room Nights to Healthcare Workers
Hilton and American Express have partnered with Hilton’s ownership community to donate up to one million hotel room nights across… Read more
Berkadia Closes Sale of Williamsburg Apartments
Berkadia arranged the $26.25-million sale of Regency at Longhill, a 224-unit garden-style multifamily property in Williamsburg, VA. Senior directors Alan Meetze… Read more