Washington
Boston Consulting Signs DC Lease with Boston Properties
Boston Consulting Group (BCG) has signed a 98,000-square-foot, 12-year lease with Boston Properties (BXP) to relocate its DC regional offices… Read more
Agile Workspace is Now “a Requirement for Major Landlords and Corporations Alike”
While demand for agility in office space selection increased in 2020, the average flexible workspace requirement size decreased by 29%,… Read more
CRE Loan Delinquencies Decline to Lowest Level Since Pandemic Began
Delinquency rates for mortgages backed by commercial and multifamily properties decreased again in April, reaching the lowest level since the… Read more
Moody’s: Apartment Outlook Takes Positive Turn
The outlook for the apartment sector has taken a positive turn, with effective rents expected to approach pre-pandemic levels in… Read more
Lowe, Mitsui Fudosan Break Ground on 492-Unit Apartment Project in D.C.
Lowe and joint venture partner Mitsui Fudosan America have broken ground on Gallery 64, a 492-unit, 12-story apartment building in… Read more
CXP Tops Out 80 M Street Expansion in D.C.
Columbia Property Trust has announced the topping off of 80 M Street’s three-floor mass timber vertical expansion. The project will… Read more
JLL Taps Bill Gribbin as Director of Capital Markets in D.C.
JLL Capital Markets has appointed Bill Gribbin as a Director in the firm’s Washington, D.C. office. Gribbin joins the existing… Read more
JLL Secures Recapitalization for 869K-SF D.C. Office Property
JLL has arranged the recapitalization of Midtown Center, an 868,834-square-foot, trophy office property in the heart of Washington, D.C. Midtown… Read more
McKissack & McKissack Names Philip Artin Senior VP in D.C.
National architecture, engineering and construction management firm McKissack & McKissack has named Philip Artin senior vice president. In his new… Read more
ASB Trades DC Offices for $202M
ASB Real Estate Investments closed the $201.75-million sale of 64 New York Ave. NE, a 355,034-square-foot office building in Washington, DC’s… Read more
CXP Unveils Plans for Revamp of 80 M Street Office Property
Columbia Property Trust has announced plans for an extensive transformation of the entrance, lobby, and amenity offerings at 80 M… Read more
W5 Group Taps Common to Operate 239 Co-Living Units in D.C.
W5 Group, the single-family investment office of real estate entrepreneur Ralph Winter, has tapped residential brand Common as the operator… Read more
ECI Group Taps Eric Fenton as VP of Development
Atlanta-based multifamily owner and developer ECI Group has named Eric Fenton vice president of development. In his new role, he… Read more
Roadside Development, Dantes Partners Break Ground on 79-Unit Condo Project in D.C.
A local development team of Roadside Development and Dantes Partners has broken ground on a 79-unit condo project in Washington… Read more
Griffin Capital Acquires MF Development Site in Silver Spring
Privately-held alternative asset manager Griffin Capital has acquired a multifamily development site in a Qualified Opportunity Zone with plans to… Read more
CBRE Hires Debbie Askins as Director of Property Tax Services in Atlanta
CBRE has hired Debbie Askins as director of property tax services in Atlanta. In her new role, Askins will help… Read more
Berkadia Brokers $39M Sale of Virginia MF Portfolio
Berkadia has arranged the $38.9 million sale of The New Downtown Portfolio, a two-property multifamily portfolio in Norfolk, VA. The… Read more
Sir Francis Drake Hotel Sells for $158M
Pebblebrook Hotel Trust recently closed on the sale of the 416-room Kimpton Sir Francis Drake Hotel in San Francisco to… Read more
Marx Realty, Invesco Real Estate Partner on $75M Office Project in D.C.
New York-based owner, developer and manager Marx Realty has entered into a partnership with Invesco Real Estate for the $75… Read more