Virginia
Pinstripes Will Partner with Brookfield on 3 New Locations
Chicago-based Pinstripes Inc. has formed a partnership with Brookfield Properties to open three new locations. With an undisclosed minority equity investment in Pinstripes, the… Read more
Money360 Closes Quarter Billion in CRE Loans
Ladera Ranch, CA-based Money360 surpassed another quarter billion dollars in loan closings. That pushes the technology-enabled direct lender closer to… Read more
Booz Allen Hamilton to Expand S.A. Workforce by 250
Booz Allen Hamilton Holding Corp. unveiled plans to expand its San Antonio employee base by hiring 250 additional workers over… Read more
Industrious Joins Carr Properties’ Newest Building in Arlington
Carr Properties signed a 25,000-square-foot lease with Industrious at its 2311 Wilson Blvd. property in Arlington VA. The premium flexible… Read more
Google Subsidiary’s Drone Delivery Business is Cleared for Takeoff
A Google subsidiary has become the first drone operator to receive federal approval as an airline. That gives the subsidiary,… Read more
Google to Anchor Comstock’s Reston Station Tower
Google signed a 164,000-square-foot lease to anchor Comstock Development Services, L.C.’s signature office building at Reston Station in Reston, VA.… Read more
WashREIT Acquiring Value-Add D.C. Metro MF Portfolio for $461M
WashREIT is buying a 2,113-unit multifamily portfolio for roughly $461 million in a deal expected to close in Q2 2019.… Read more
Amazon Executes 4.6M SF in Initial HQ2 Lease, Development Deals at National Landing
Chevy Chase, MD-based JBG SMITH executed three leases and two acquisition agreements with affiliates of Amazon.com, Inc. in conjunction with… Read more
AvalonBay Acquires Aurora Asset for $91M
Arlington, VA-based AvalonBay Communities acquired the Ridge at Wheatlands, a 338-unit, resort-style multifamily community in Aurora, CO for $91.25 million… Read more
$90M in Construction Financing Arranged for Reston Station MXU
A $89.94 million construction loan was secured for Faraday Park at Reston Station – East and West, a soon-to-be-built 407-unit… Read more
Top Broker Honoree: Gerry Trainor
Since joining Transwestern in 1999, Gerry Trainor has sold over 30 million square feet of commercial properties in the Mid-Atlantic… Read more
PenFed Targets Site Location in Far North San Antonio
Less than two months after Pentagon Federal Credit Union (PenFed) announced it would open a new regional financial center in… Read more
Morgan Secures $688M for Landmark NE MF Acquisition
Philadelphia-based Morgan Properties secured $688 million in acquisition financing for a 10-property, 4,130-unit multifamily portfolio in Pennsylvania and Virginia. Berkadia’s… Read more
Amazon Incentives Approved in NoVa for HQ2
The five-member Arlington County Board unanimously approved $23 million in incentives over the weekend for Amazon to construct its HQ2… Read more
Rockwood, Mill Creek Secure $700M for 9-Asset National MF Portfolio
A partnership between Rockwood Capital Corporation and Mill Creek Residential secured a $700 million loan for the refinancing of the… Read more
Dollar Tree to Close Up to 390 Family Dollar Stores
Chesapeake, VA-based Dollar Tree, Inc. plans to close up to 390 Family Dollar stores this year, and rebrand about 200… Read more
Saban Sells 14-Office Portfolio for $430M, Adds DC Asset for $170M
An affiliate of Los Angeles-based Saban Real Estate reportedly completed the sale of a 14-property office portfolio to Washington, D.C.-based… Read more
Kushner Bulks Up Apartment Portfolio with $1.1B Lone Star Deal
Kushner Cos. has acquired more than 6,000 apartments in the Washington, D.C. suburbs of Maryland and Virginia from Lone Star… Read more
Vantage Data Centers Wraps Up First Phase of Ashburn Mega-Campus
Vantage Data Centers has completed phase one of its Ashburn mega-campus in Northern Virginia’s “Data Center Alley.” The 42-acre campus… Read more