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Archive for the Category ‘Washington DC’

Research Firm CNA Inks 173 KSF Lease in Arlington

Research Firm CNA Inks 173 KSF Lease in Arlington

Construction has not yet commenced on the 200,000-square-foot office building at 3001 Washington Blvd. in Arlington, Va., but it’s already near maximum occupancy, courtesy of a 173,000-square-foot commitment from CNA.

Rockrose Development Spends $120M on Downtown D.C. Office Building

Rockrose Development Spends $120M on Downtown D.C. Office Building

Continuing the trend of Washington, D.C., office transactions, Rockrose Development Corp. has picked up the building at 1776 Eye Street, N.W., a class A office structure totaling 224,666 square feet, for $119.7 million.

Brookfield Refis Five Multi-Family Properties for $400M

Brookfield Refis Five Multi-Family Properties for $400M

In a deal arranged and closed by HFF, Brookfield Real Estate Financial Partners has secured a $400 million, seven-year, floating-rate refinance loan from M&T Realty Capital Corp. for a 2,600-unit multi-housing portfolio.

N.S.P. Ventures Purchases 236 KSF U.S. Mint Facility in D.C. for $148M

N.S.P. Ventures Purchases 236 KSF U.S. Mint Facility in D.C. for $148M

Japan-based N.S.P. Ventures has acquired 801 Ninth St., N.W., in Washington, D.C., a 236,000-square-foot building occupied in its entirety by the U.S. Mint, from the Netherlands-based Wereldhave USA for $147.5 million.

Jones Lang LaSalle Chosen by Howard Hughes Medical Institute as Facilities Manager for D.C.-Area Research Center

Jones Lang LaSalle Chosen by Howard Hughes Medical Institute as Facilities Manager for D.C.-Area Research Center

The Howard Hughes Medical Institute has selected Jones Lang LaSalle to provide facilities management at its 689-acre Janelia Farm Research Campus in Loudoun County, Va., about eight miles north of Dulles International Airport.

AREA Property Partners Takes 1,180-Unit Virginia Apartment Complex

AREA Property Partners Takes 1,180-Unit Virginia Apartment Complex

AREA Property Partners, after targeting the Alexandria, Va., area late last year for apartment buys, is back in the area. The firm has purchased the city’s EOS 21, a 1,180-unit community, for an undisclosed price.

CBRE Lines Up $181M Financing for D.C. Office Project

CBRE Lines Up $181M Financing for D.C. Office Project

CBRE Capital Markets has arranged $181 million in financing for the first two phases of Sentinel Square, an office development in Washington, D.C., that will eventually total 1.3 million square feet. CBRE arranged the funding on behalf of Trammell Crow, Crow Holdings Capital Partners and Cottonwood Partners.

Insight Spends $75M to Transform Silver Spring Post Office into Apartments

Insight Spends $75M to Transform Silver Spring Post Office into Apartments

Insight Property Group, along with partner Nova-Habitat Inc., has selected the USPS’s Silver Spring facility as the site of a 310-unit, $75 million apartment project.

Economy Watch: Athens Burns, but Bailout Deal Might at Last Be Done

Economy Watch: Athens Burns, but Bailout Deal Might at Last Be Done

The Greek Parliament enacted new austerity measures to appease the EU, and citizens took to the streets in protest. Details of President Obama’s fiscal 2013 budget leaked over the weekend. And a Reuters poll showed a small retreat in customer sentiment in mid-February.

GSA Taps Trump for $200M Redevelopment of D.C.’s Old Post Office Building

GSA Taps Trump for $200M Redevelopment of D.C.’s Old Post Office Building

The U.S. General Services Administration has selected the Trump Organization as its preferred team to handle a $200 million redevelopment of the Old Post Office building and annex in Washington’s Federal Triangle neighborhood, turning the structure into a luxury hotel.

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