Virginia
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
Harbor Group Adds Crown Heights Luxury Rentals
Harbor Group International (HGI) has acquired the Frederick, a newly-built luxury apartment property in the Crown Heights section of Brooklyn.… Read more
Wheelock Acquires Hilton Atlanta Airport Hotel for $101M
Greenwich, CT-based real estate investor Wheelock Street Capital acquired the 507-room Hilton Atlanta Airport Hotel. The sales price was reported… Read more
KBS REIT III in $1.2B Office Sale to Newly-Formed Singapore REIT
(This article has been updated with new information.) KBS Real Estate Investment Trust III has agreed to sell an 11-property… Read more
Boeing to Move Space Headquarters to Florida
Aerospace company Boeing plans to relocate the headquarters of its Space and Launch division from Arlington, VA to Titusville, FL.… Read more
White Star Acquires Historic Alexandria MXU Property
Maryland-based real estate investment firm White Star Investments acquired 110 S. Pitt St., an historic 9,000-square-foot building in Alexandria, VA.… Read more
Excel Group Acquires 191-Room Courtyard by Marriott Springfield in Virginia
Arlington-based real estate investment firm Excel Group acquired the 191-room Courtyard by Marriott Springfield in Springfield, VA. The sales price… Read more
Bell Partners Acquires 217-Unit Apartment Community in Virginia
Apartment investment and management company Bell Partners acquired Twenty400, a 217-unit apartment community in Arlington, VA, on behalf of its… Read more
Harbor Group Pays $40M for 258-Unit Arcadia 4127
Harbor Group International LLC acquired the 258-unit Arcadia 4127 apartments in Phoenix. The Norfolk, VA-headquartered buyer paid $40.4 million to… Read more
Savills Hires Cameron as Senior Managing Director in D.C.
Savills hired Rory Cameron as a senior managing director in Washington, DC. He will hold responsibility for expanding the firm’s… Read more
Bellwether Enterprise Secures $115M Acquisition Financing for Affordable Housing Portfolio in Southeast
Bellwether Enterprise Real Estate Capital secured $115 million in financing for the acquisition of 12 affordable housing properties in South… Read more
Capital Square 1031 Divests 24 Hour Fitness-Occupied Asset
Glen Allen, VA-based Capital Square 1031 sold a 37,500-square-foot facility in West Covina, CA that is 100% occupied by 24… Read more
CoreNet Global Unveils 2019 Award Winners
CoreNet Global announced the winners and finalists of its annual global best practice awards. The awards are presented each year… Read more
After Amazon HQ2: N.Y., D.C. Offer Dramatically Different Tale of Two Housing Markets
Participation in the Amazon HQ2 sweepstakes has resulted in dramatically different outcomes for the Arlington, VA and Manhattan, NY housing… Read more
Where are Best Places to Get a Summer Job?
This summer’s job market is likely going to be challenged by the tight U.S. labor market. The national unemployment rate… Read more
KBS Completes Pair of MW, SE Sales; Inks CushWake MW Renewal
Newport Beach, CA-based KBS divested two office assets and executed a lease renewal with Cushman & Wakefield. Emerald View at… Read more
LIV Development Sells 330-Unit Ace to Virginia Buyer
Developer/investor LIV Development sold The Ace, a 330-unit garden apartment in Round Rock, TX, north of Austin. The seller, headquartered… Read more
Paradigm, UBS JV Divests D.C.-Area MF for $228M to Polinger Partnership
A joint venture between Paradigm and a fund advised by the UBS Asset Management Real Estate & Private Markets –… Read more
Beacon Roofing Supply Inks East Side Austin Deal
Beacon Roofing Supply signed a lease for 17,850 square feet at 20 Strandtman Cove, a site on Austin’s east side.… Read more