DC Metro Commercial Real Estate News

Armada Hoffler has sold The Residences at Annapolis Junction in Annapolis Junction, MD for $150M.

Armada Hoffler Exchanges Annapolis Junction Community for $150M

By Lisa McDuffie | July 25, 2022 Virginia Beach, VA-based Armada Hoffler has completed the $150-million sale of The Residences at An...Read more

Westat has sold its two-building research facility in Rockville, MD for $25.5 million.

Research Facility in Rockville’s Shady Grove Cluster Trades for $26M

By Lisa McDuffie | July 25, 2022 CBRE has completed the $25.5-million sale of a two-building, 180,000-square-foot research facility ...Read more

Faropoint has purchased an industrial building on Curtis Court in Glenn Burnie, MD for $10 million.

Renovated Industrial Property in Glen Burnie Goes for $10M

By Lisa McDuffie | July 22, 2022 Colliers has facilitated the $10-million sale of a 58,883-square-foot industrial building in Glen B...Read more

Bonaventure has begun construction on a 133-unit luxury senior living project in the Old Town West neighborhood of Alexandria, VA.

Bonaventure to Add Senior Living Community in Alexandria’s Old Town West

By Lisa McDuffie | July 20, 2022 Bonaventure has commenced construction on a 133-unit luxury senior living project in the Old Town W...Read more

Cushman & Wakefield has advised Ares Management Real Estate fund in procuring $367.8 million for financing an industrial portfolio with six assets in MD.

CushWake Arranges $368M Financing for Logistics Portfolio with Six MD Assets

By Lisa McDuffie | July 19, 2022 Cushman & Wakefield has served as the exclusive advisor to an Ares Management Real Estate fund ...Read more

Klein Enterprises has acquired eight retail centers in MD and VA from Cedar Realty Trust.

Klein Enterprises Bags Portfolio of Nine Grocery-Anchored Retail Centers

By Lisa McDuffie | July 19, 2022 Baltimore, MD-based Klein Enterprises has acquired of a portfolio of eight grocery-anchored shoppin...Read more

Burke & Herbert Bank has purchased the office building at 5680 King Centre Drive in Alexandria, VA for $22 million.

Avison Young Reps Burke & Herbert in $22M Alexandria Office Purchase

By Lisa McDuffie | July 18, 2022 Avison Young has facilitated the $22-million acquisition of 5680 King Centre Drive, a 110,047-squar...Read more

Perseus TDC and Griffin Capital Company, LLC, have started construction on Residences at the Six apartments in Hyattsville, MD.

Perseus, Griffin Capital Start $110M Sustainable Multifamily in Hyattsville

By Lisa McDuffie | July 15, 2022 Perseus TDC and investment partner Griffin Capital Company, LLC, have started construction on a $11...Read more

Armada Hoffler has disposed of properties leased to Costco and to Home Depot in Durham, NC for $24M.

Armada Hoffler Collects $24M for Properties Leased to Costco, Home Depot

By Lisa McDuffie | July 15, 2022 Virginia Beach, VA-based Armada Hoffler has disposed of two single-tenant assets leased to Costco a...Read more

Northridge Capital as acquired the Gateway Plaza office building in Richmond, VA.

Northridge Capital Acquires Gateway Plaza Office Tower in Richmond

By Lisa McDuffie | July 13, 2022 JLL has closed the sale of Gateway Plaza, a 328,581-square-foot office in Richmond, VA. Chris Li...Read more

LaserShip has leased 105,000 square feet of industrial space at Stonecroft Industrial Center in Chantilly, VA.

Edge Brokers 105K-SF Full-Building Industrial Lease in Chantilly

By Lisa McDuffie | July 12, 2022 LaserShip has signed a full-building lease with Matan Companies for 105,000 square feet of industri...Read more

Capital Square has acquired the Retreat at Arden Farms Apartments in Arden, NC for a DST entity that seeks to raise $68 million.

Capital Square Views $68M DST Raise for Newly Acquired Asheville Multifamily

By Lisa McDuffie | July 12, 2022 Glen Allen, VA-based Capital Square has acquired the Retreat at Arden Farms Apartments, a 312-unit ...Read more

Molly Badger has joined Finmarc Management in Bethesda, MD as director of leasing.

Finmarc Management Taps Molly Badger for Director of Leasing Role

By Lisa McDuffie | July 07, 2022 Bethesda, MD-based Finmarc Management, Inc., has selected Molly Badger as director of leasing. She ...Read more

KBS has sold the Redwood Plaza office park in Fairfax, VA to Network Realty Partners for $24 million.

Network Realty, KBS Exchange $23M for Three-Building Office Park in Fairfax

By Lisa McDuffie | July 06, 2022 KBS, which maintains a regional office in Arlington, VA, has disposition of Redwood Plaza I, II &am...Read more

USAA Real Estate and Lowe have transformed the former Park Center office complex in Alexandria, VA into Park + Ford apartments.

USAA Real Estate, Lowe Transform Alexandria Office Complex into Multifamily

By Lisa McDuffie | July 06, 2022 USAA Real Estate and Lowe have completed Park + Ford, an adaptive-reuse of the former three-buildin...Read more

Bonaventure has sold The Bend Arbordale Apartments in Williamsburg, VA to The Inland Real Estate Group for $100 million.

Bonaventure Offloads $100M Multifamily Community in Williamsburg

By Lisa McDuffie | July 05, 2022 Alexandria, VA-based Bonaventure has completed the $100-million sale of a 289-unit garden-style mul...Read more

Berkadia has secured $31.7 million in acquisition financing and completed the sale of Summit Kings Mill in Fredericksburg, VA.

Quad Property Group Secures Fredericksburg Multifam with $32M Financing

By Lisa McDuffie | June 30, 2022 Berkadia has secured $31.7 million in acquisition financing and completed the sale of Summit Kings ...Read more

Anchor Health Properties has purchased Crossroads III medical office building in Plantation, FL for $45.5 million.

Anchor Health Snaps $46M Off-Market MOB in Healthcare-Heavy South FL

By Lisa McDuffie | June 29, 2022 Colliers and Avison Young have closed on the $45.5-million ($475psf) sale of Crossroads III, a Clas...Read more

Meridian Group has procured Renewable Energy Certificates for all but two of its Washington, DC area buildings.

Meridian Group Buys Renewable Energy Certificates for DC Area Buildings

By Lisa McDuffie | June 28, 2022 Bethesda, MD-based Meridian Group has procured renewable energy for nearly its entire DC metro port...Read more

Corner Lot Advisors and Midloch Investment Partnership have purchased Ashbury Courts Apartments in Laurel, MD for $35 million.

Corner Lot, Midloch Secure $35M Ashbury Courts Apartments in Laurel

By Lisa McDuffie | June 27, 2022 Transwestern Real Estate Services has brokered the sale Ashbury Courts Apartments, a 156-unit luxur...Read more

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