Virginia
Merritt Properties Secures 137K-SF Industrial Lease in Manassas
Merritt Properties has secured a 137,350-square-foot industrial lease with an undisclosed e-commerce retailer in Manassas, VA. The full building lease… Read more
Modell’s Sporting Goods to Close All Stores, Including Seven in D.C.
Modell’s Sporting Goods, which operates 153 stores between New York, Philadelphia and the D.C. metro areas, has announced plans to… Read more
KLNB Secures 17 Leases for Jersey Mike’s Subs Across DMV
Privately-held commercial real estate brokerage firm KLNB has closed 17 leases for Jersey Mike’s Subs across the DMV region over… Read more
Slate Retail REIT Acquires Mid-Atlantic Retail Portfolio for $107M
Slate Retail REIT has entered into an agreement to acquire a seven-property, grocery-anchored retail portfolio in the Mid-Atlantic and Southeast… Read more
Aligned Energy Announces Expansion of Ashburn Data Center Campus
Data center provider Aligned Energy has announced plans to expand its data center campus in Ashburn, VA. At full build,… Read more
Richmond Logistics Park Trades for $79M
JLL has arranged the $78.5 million sale of I-95 Logistics Park, a two-building logistics park totaling 923,400 square feet in… Read more
SRS Arranges Deal for PA Dollar General Portfolio
SRS Real Estate Partners’ National Net Lease Group arranged the $36-million portfolio sale of 26 single-tenant retail properties occupied by Dollar… Read more
Xenia Set for Sale of 7 Hotels for $483M
Florida’s Xenia Hotels & Resorts is selling a seven-hotel portfolio for $483 million to an undisclosed buyer. The portfolio totals… Read more
Inova to Open Health Care Facility at 13-Acre Site in Alexandria
Inova Health System plans to open Inova Healthplex, a new health care facility on 13 acres in Alexandria. The site… Read more
Residence Inn by Marriott in Herndon Trades for $17M
Privately-owned hotel owner, operator and developer Stonebridge Cos., and joint venture partner The Pinkard Group, have acquired the Residence Inn… Read more
Tryko Acquires Three Virginia Skilled Nursing Facilities
Tryko Partners has acquired three skilled nursing facilities in Virginia for an undisclosed price. The acquisition is part of a… Read more
Lionheart Capital Acquires Manassas Mall for $41M
Miami-based real estate development firm Lionheart Capital has acquired the Manassas Mall, a 930,662-square-foot mall in Manassas, VA. The sales… Read more
Single-Tenant Retail Property in Richmond Trades for $4M
SRS Real Estate Partners has arranged the $3.9 million sale of a 2,956-square-foot retail property in Richmond. Located at 5201… Read more
Marymount University Acquires 267-Unit MF Property in Northern VA
Marymount University has acquired the Rixey, a 267-unit multifamily property in Arlington, VA. The sales price was undisclosed. Marymount plans… Read more
Capital Square, Greystar Launch O-Zone Fund in Richmond
Capital Square and joint venture partner Greystar have announced the launch of CSRA/GS Opportunity Zone V. The project-specific opportunity zone… Read more
ILPT Forms JV on 12-Property Industrial Portfolio
Industrial Logistics Property Trust (ILPT) formed a $680-million joint venture with an Asian institutional investor for a 9.2-million-square-foot portfolio of… Read more
Park Hotels Offloads Hotels in D.C., Brazil
In two separate deals, Park Hotels & Resorts Inc. sold the 197-key Embassy Suites by Hilton Washington DC Georgetown, and… Read more
Washington REIT Selling Single-Tenant Tysons Offices
Washington Real Estate Investment Trust (WashREIT) said it had entered into a contract to sell its John Marshall II office… Read more
Pier 1 Files for Bankruptcy Amid Closure of 450 Stores
Fort Worth, TX-based Pier 1 Imports, Inc., said Monday the company and its subsidiaries commenced voluntary Chapter 11 proceedings in… Read more