Washington
WeWork, Columbia Cancel Full-Building Lease in Midtown South
Columbia Property Trust and WeWork mutually agreed to terminate WeWork’s lease at Columbia’s 149 Madison Ave. The two companies announced… Read more
78 Million Square Feet of New Office Will Come Along at an Opportune Time
Among the bright spots of May’s surprisingly strong jobs report was the gain of 464,000 positions in construction employment. This… Read more
Johns Hopkins Closes $302M Acquisition of Former Newseum Building in DC
Baltimore-based Johns Hopkins University has closed on the acquisition of the former Newseum building at 555 Pennsylvania Ave. NW in… Read more
Savills: Demand Remains Tepid in DC Office Market
Overall office availability in Washington D.C. increased 100 basis points over the second quarter of 2020 to 17.6%, according to… Read more
It’s Time to Nominate an Up-and-Coming Industry Leader
Today’s the due date for submitting nominations for our annual Next Generation Awards. Industry response to our request has been… Read more
Smithsonian Acquires Southwest D.C. Office Space for $254M
The Smithsonian Institution has acquired the majority of Capital Gallery, a two-building office campus in Southwest D.C. to serve as… Read more
AHLA: 70% of Americans Support More Relief for Travel Industry
A new survey commissioned by the Washington D.C.-based American Hotel & Lodging Association found that while Americans remain hesitant about… Read more
NMHC: 92% of Apartment Households Paid Rent as of June 20
The Washington D.C.-based National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found that 92% of apartment households made a full… Read more
RMR Group Secures 29K-SF of Lease Renewals in D.C.
The RMR Group has secured two lease renewals for a total of 29,071 square feet with the General Services Administration… Read more
Nonprofit Signs 80K-SF Lease on Pennsylvania Ave.
The National Endowment for Democracy has signed an 82,000-square-foot office lease at 1201 Pennsylvania Ave. NW in Washington D.C. The… Read more
CBRE Hires Katie Mahon as Retail Lead in Mid-Atlantic
CBRE has hired Katie Mahon as a retail leader and senior managing director in the firm’s Mid-Atlantic division, which includes… Read more
TRS Brokers Sale of 20K-SF Industrial Facility in D.C.
Transwestern Real Estate Services (TRS) has brokered the sale of Steeplechase Building H, a 19,973-square-foot warehouse facility in Washington D.C.… Read more
Net Lease Sales Volume Hit Four-Quarter Record in Q1
Net-lease investment volume increased by 34.6% to $78.9 billion for the year ending March 31, the highest four-quarter total on… Read more
JLL Arranges $69M Refinancing for D.C. Office Building
JLL has arranged a $68.5 million loan to refinance 1750 K St., a fully-leased, 165,604-square-foot office building in downtown Washington… Read more
Put the Spotlight on Your Company’s Rising Stars
Response has been strong to Connect Media’s call for nominations in our fourth annual Next Generation Awards. However, we know… Read more
Tishman Speyer Secures 166K-SF Office Lease in D.C.
Real estate developer and owner Tishman Speyer has signed law firm Wiley Rein LLP to a 166,000-square-foot lease at 2050… Read more
NMHC: 81% of Apartment Households Paid Rent as of June 6
The Washington D.C.-based National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found that 80.8% of apartment households made a full… Read more
Savills Hires Thomas as Senior Director in D.C.
Savills has hired Amanda Thomas as senior director of project management in the firm’s Washington D.C. office. Thomas has an… Read more
Grosvenor Americas Snags Two Georgetown Office Buildings
Privately-owned international property group Grosvenor Americas has acquired the Georgetown-Green and Harris buildings, two office properties totaling 241,000 square feet… Read more