Washington
Report: Remote Work and Impact on Commute Times
The COVID-19 pandemic meant more people worked from home. One issue cropping up from that past (and continued) trend is… Read more
Howard University Allows 99-Year Ground Lease for 525K-SF Mixed Use
Lowe, in partnership with FLGA and Davenport Group and in collaboration with USAA Real Estate, has secured a 99-year ground… Read more
London’s Henderson Park Acquires Luxurious Mandarin Oriental Hotel in DC
London-based private equity real estate manager Henderson Park has acquired the Mandarin Oriental Washington DC, a 373-key luxury resort in… Read more
Construction Launches on Hyperscale Data Center at Former United Airlines Campus
Construction has begun at the site of the former United Airlines headquarters in Mount Prospect, IL on a $2.5-billion data… Read more
Marcus & Millichap Facilitates $2M Sale of Capitol Hill Multifamily
Marcus & Millichap has completed the $2-million sale of a 4,323-square-foot multifamily apartment complex in the Capitol Hill area of… Read more
Cushman & Wakefield Hires Brian Woods for Tenant Representation Leadership Role
Cushman & Wakefield has hired Brian Wood as executive managing director, a position in which he will represent and advise… Read more
Marcus Partners Closes $650M Fund at $100M Over Original Target
Boston, MA-based Marcus Partners has closed Marcus Capital Partners Fund IV, L.P., with commitments totaling $650 million, which exceeds both… Read more
St. John Properties, Peraton Agree on 18K SF at Melford Town Center in Bowie
Reston, VA-based Peraton, Inc., a national security company, has signed a lease with St. John Properties, Inc. for 18,102 square… Read more
Boston Properties Releases 480K-SF Downtown DC Office for $531M
Boston, MA-based Boston Properties, Inc., has completed the disposition of 601 Massachusetts Avenue in Washington, DC, for a gross sales… Read more
601 Massachusetts Avenue Office Building in DC Sells for $531M
Boston, MA-based Boston Properties, Inc., has completed the disposition of 601 Massachusetts Avenue in Washington, DC, for a gross sales… Read more
Invesco Real Estate Locks Up Buy of 1,752-Unit Self-Storage Facility in DC
Invesco Real Estate, in partnership with Baranof Holdings, has purchased a 1,752-unit self-storage facility at 72 Florida Avenue NE in… Read more
Grosvenor Completes $82M Refi of Mixed-Use at 1500 K Street in Washington
Grosvenor has refinanced the mixed-use building 1500 K Street, NW in Washington, DC with an $82.1-million first mortgage provided by… Read more
Apartment Construction Reaches 50-Year High
Despite ongoing economic headwinds and continuing supply chain disruptions, apartment construction is at a 50-year high, driving deliveries. A report… Read more
Colliers Mortgage in Charleston Adds Stu Thomas as VP
Colliers Mortgage has hired Stu Thomas as VP. He will work out of the firm’s Charleston, SC office. Thomas will… Read more
Aminim Group Uses $53M Loan on Six Industrial Properties in Baltimore, DC
Aminim Group has acquired a 500,000-square-foot portfolio of six industrial properties in the Baltimore, MD and Washington, DC area with… Read more
It’s Time to Nominate Commercial Real Estate’s Most Influential Women
The deadline is nigh to participate in Connect CRE’s sixth annual Women in Real Estate Awards. We’re continuing to call for… Read more
Hines Heads to West Virginia for Industrial Development Opportunity
Hines, along with MetLife Investment Management, has acquired the final site for the Tabler Station Logistics Park in Martinsburg, WV… Read more
PRP to Develop $185M, Pre-Leased Industrial Facility in Greenville-Spartanburg
Washington, DC-based PRP has acquired a 1.9-million-square-foot Class A distribution center development in Greenville-Spartanburg, SC that, once complete, will be… Read more
DC Office-Retail-Hotel “20 Mass” Scheduled for Spring 2023 Delivery
Newton, MA-based The RMR Group has scheduled delivery of 20 Mass, a mixed-use development in Washington, DC, for the spring… Read more