DC Metro Commercial Real Estate News

Skanska has signed a $79.5-million contract with the College of William and Mary to build a science center in Williamsburg, VA.

Skanska to Build $80M Center for College of William and Mary in Williamsburg

By Lisa McDuffie | February 08, 2023 Global commercial real estate project development and construction group Skanska has signed a $79.5...Read more

Murphy Property Group has awarded Colliers with leasing and management responsibilities for its nine building at City Center at Oyster Point in Newport News, VA.

Colliers Lands Leasing Assignment for Murphy Property Group’s City Center at Oyster Point Assets

By Lisa McDuffie | February 08, 2023 Murphy Property Group has awarded Colliers with leasing and management responsibilities for nearly ...Read more

Park Hotels & Resorts, Inc., has sold the 508-room Hilton Miami Airport Blue Lagoon located in Miami, FL to MCR for $118.3 million.

Park Hotels & Resorts Releases Hilton Miami Airport Blue Lagoon for $118M

By Lisa McDuffie | February 06, 2023 McLean, VA-based Park Hotels & Resorts, Inc., a publicly traded lodging real estate investment ...Read more

Walton Global has sold 80 acres in Prince George’s County, MD to home builder D.R. Horton for a master plan community to be named Spring Hills.

Walton Global Sells First Phase of 822-Acre Mixed-Use Planned Development in PGC

By Lisa McDuffie | February 03, 2023 Real estate investment and land asset management company Walton Global has sold 80 acres in Prince ...Read more

Minkoff Development Corporation and tenant Quality Biological, Inc. agreed on 24,000-square-foot lease at Shady Grove Development Park in Gaithersburg, MD.

Minkoff Development Corporation Finds Take for 24K SF at Shady Grove Development Park

By Lisa McDuffie | February 03, 2023 Germantown, MD-based real estate property owner Minkoff Development Corporation and tenant Quality ...Read more

Flagship Healthcare Properties has acquired the Class A, 100% leased, multi-tenant medical office building at 1071 Care Way in Fredericksburg, VA.

Flagship Healthcare Properties Acquires Fully Leased MOB in Fredericksburg

By Lisa McDuffie | February 01, 2023 Charlotte, NC-based Flagship Healthcare Properties, an outpatient healthcare real estate firm, has ...Read more

Capital Square is building Livano Knoxville, an $116-million, 348-unit Class A multifamily near the University of Tennessee in Knoxville, TN.

Capital Square Continues to Find Southern Opportunities with $116M Community in Knoxville

By Lisa McDuffie | January 31, 2023 Glen Allen, VA-based Capital Square has launched CSRA Opportunity Zone Fund VIII, LLC to raise capi...Read more

Norfolk, VA-based Harbor Group International, LLC’s Multifamily Credit Fund has secured approximately $1.6 billion in capital commitments.

Harbor Group International Secures $585M from Canada Pension Plan Investment Board

By Lisa McDuffie | January 27, 2023 Norfolk, VA-based Harbor Group International, LLC’s Multifamily Credit Fund has secured approxima...Read more

Robin Bettarel has joined Middleburg Communities as managing director of development.

Middleburg Communities Adds Robin Bettarel as Managing Director of Development

By Lisa McDuffie | January 26, 2023 Vienna, VA-based Middleburg Communities has appointed Robin Bettarel as managing director of develo...Read more

NorthRock Companies has secured a $36.9 million fixed-rate Fannie Mae loan for the acquisition of Hickory Creek apartments in Henrico, VA.

NorthRock Companies Uses $37M Loan to Acquire Henrico Community

By Lisa McDuffie | January 25, 2023 Salt Lake City, UT-based NorthRock Companies has secured a $36.9 million fixed-rate Fannie Mae loan...Read more

SRS Real Estate Partners has completed the $4.9 million off-market sale of Walter Reed Plaza, a neighborhood retail center in Gloucester, VA.

Virginia, California Investors Trade $5M for Gloucester Grocery-Anchored Center

By Lisa McDuffie | January 25, 2023 SRS Real Estate Partners has completed the $49-million off-market sale of Walter Reed Plaza, a 52,1...Read more

Portland Becomes #1 Data Center Market in the World

Amazon Web Services Plans $35B Investment in VA Data Center Campuses

By Lisa McDuffie | January 24, 2023 Amazon Web Services, an Amazon.com, Inc. company, plans to invest $35 billion by 2040 to establish ...Read more

SJ Capital Partners and Compass Health Center have agreed on a 15,732-square-foot lease at 11941 Bournefield Way in Silver Spring, MD’s WestTech Business Park.

Edge Negotiates 16K SF Lease at WestTech Business Park in Silver Spring

By Lisa McDuffie | January 24, 2023 ESJ Capital Partners and tenant Compass Health Center have signed an agreement for the latter to oc...Read more

The Breeden Company has secured $81.3 million in financing for Emerald Point Apartments & Townhomes in Virginia Beach, VA.

The Breeden Company Secures $81M for Second Refi of Virginia Beach Multifamily

By Lisa McDuffie | January 23, 2023 The Breeden Company has secured $81.3 million in financing for Emerald Point Apartments & Townh...Read more

Jessica Butterworth and Greg Nachman have been promoted into new leadership roles within Colliers’ real estate management services line in Richmond, VA.

Colliers Promotes Jessica Butterworth, Greg Nachman to Services Leadership Roles

By Lisa McDuffie | January 23, 2023 Colliers has elevated Jessica Butterworth and Greg Nachman into new leadership roles within the com...Read more

Capital Square in 2022 acquired more than $2.3 billion in real estate and raised more than $1 billion in equity for its investment programs.

Capital Square Annual Equity Raise Numbers Jump 20% to $1B in 2022

By Lisa McDuffie | January 20, 2023 Glen Allen, VA-based Capital Square, a sponsor of tax-advantaged real estate investments and a deve...Read more

The Washington Housing Initiative Impact Pool provided $50 million in 2022 to acquire 955 units of workforce housing across three residential communities in the Washington, DC area.

Washington Housing Initiative Impact Pool Wraps Up 2022 with $50M Provided for Three Multifamilies

By Lisa McDuffie | January 19, 2023 The Washington Housing Initiative Impact Pool, an affordable housing investment platform managed by...Read more

Matthew Petrillo has joined Arlington, VA-based Blackfin Real Estate Investors, LLC as managing director of investments.

Blackfin Real Estate Investors Adds Matthew Petrillo as Managing Director of Investments

By Lisa McDuffie | January 19, 2023 Arlington, VA-based Blackfin Real Estate Investors, LLC has hired Matthew Petrillo as managing dire...Read more

Piedmont Office Realty Trust and The Institute for Justice have agreed on a 33.5% lease expansion at the Arlington Gateway office tower in Arlington, VA.

Piedmont Office Realty Trust, The Institute for Justice Sign 34% Lease Expansion at Arlington Gateway

By Lisa McDuffie | January 18, 2023 Building owner Piedmont Office Realty Trust and The Institute for Justice have agreed on a new leas...Read more

Capital Square has acquired Parkland Apartments in Parkland, FL on behalf of a DST that seeks to raise $105.7 million in equity.

Capital Square Buys Class A Miami Multifamily for $106M DST Raise

By Lisa McDuffie | January 17, 2023 Glen Allen, VA-based Capital Square has acquired Parkland Apartments, a 396-unit Class A multifamil...Read more

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