Virginia
$58M Nets 15 Buildings
Finmarc Management of Bethesda, MD acquired a 15-building, 750,000-square-foot industrial portfolio in northern Virginia. Seller Steuart Investment Co., based in… Read more
Regency Begins 180K-SF Field at Commonwealth
Regency Centers Corp. launched construction on a new Washington DC retail center. The 180,000-square-foot Field at Commonwealth, at U.S. 28… Read more
Marriott Short Pump Sells for $39M
Lingerfelt CommonWealth Partners LLC parted with the 243-room Richmond Marriott Short Pump. The buyer, a partnership of regional investors, purchased… Read more
Kingsmill Resort Acquired for $31M
Escalante Golf, headquartered in Texas, acquired the 422-room Kingsmill Resort in Williamsburg, VA. The resort, which was originally built and… Read more
Lease Brings 165K-SF Building to Full Occupancy
The Arlington Public Schools (APS) is expanding and extending its space at Sequoia Plaza Two, at 2110 Washington Blvd. The… Read more
Board Grants Final Approval to Controversial Development
The Arlington (Virginia) County Board granted final approval to a controversial redevelopment project in a western neighborhood of Rosslyn, VA.… Read more
GIC Teams with Beacon on $1B Deals
Singapore sovereign wealth fund GIC partnered with Beacon Capital Partners and other investors to acquire 2.1 million square feet of… Read more
Meridian Group Closes $231M CRE Fund
Meridian Group, a Bethesda, MD-based company that invests in Washington, D.C., closed its second fund, Meridian Realty Partners II LP,… Read more
416K-SF Office Park Sells
Bridge Investment Group acquired WestMark Office, a 416,311-square-foot, two-building office complex at 11000 W. Broad St. in Glen Allen, VA… Read more
Charon Tech to Utah: We Choose You!
Following in-depth research of five states, Charon Technologies settled on Logan, UT for its expansion. The Northern Virginia-headquartered company designs… Read more
Will Glendale Feel the Crunch from Nestle’s Departure?
By Dennis Kaiser Nestle became Glendale, CA’s signature HQ in the 1990s, following the disappearance of Glendale Federal Savings, Genstar… Read more
Nestlé USA Relocating HQ to Virginia
Nestlé USA will relocate its U.S. headquarters from Glendale, CA to an office tower in Arlington, VA. The food and… Read more
Ranking Nation’s Top Military MF Markets
San Diego ranks among the top five military markets for multifamily properties nationally, according to research from Axiometrics. The military… Read more
Bank of America Center Sells for $38M
An investment team led by New York-based Longships Capital Partners struck a deal with Bank of America (operating under the… Read more
James Center Acquired for $108M
Riverstone Group acquired the one-million square-foot James Center complex in downtown Richmond, VA from LNR Partners LLC for $108 million.… Read more
Navy Federal Plans $100M Virginia Investment
Navy Federal Credit Union, headquartered in Vienna, VA, is investing $100 million in its Winchester, VA operations center. The expansion… Read more
ATS To Establish Virginia Headquarters
All Traffic Solutions (ATS) will be establishing its corporate headquarters at Worldgate Centre on Worldgate Drive in Herndon, VA. The… Read more
$92M Refi Secured for 592-Key Hotel Portfolio
Sonnenblick-Eichner Co. secured $92 million in first-mortgage debt to refinance a 592-room portfolio owned by Lodgeworks Partners LP in Wichita,… Read more
Spring Meadows of Lansdale Sells to JV
New York-headquartered Care Investment Trust LLC and Greenfield Senior Living combined forces to acquire Spring Meadows of Lansdale, a memory… Read more