Deals - Mid-Atlantic

HFF Brokers Sale of 191-Key VA Hotel
Westin Reston Heights, which opened in 2008, is within walking distance of the upcoming Reston Town Center Metrorail Station, while Dulles International Airport is a 10-minute drive away.
Hotel
Delta Hotels by Marriott Comes to Chesapeake Bay
The recently transacted hotel, situated on the Chesapeake Bay beach, will undergo a $25 million renovation program in the fourth quarter of 2018.
Hotel
NoVa Mixed-Use Changes Hands
Westport Capital and Galaxy Investments teamed up on the purchase of Tavern Square and revealed plans to revitalize the 50-year-old building in Old Town Alexandria.
Mixed Use

Cities

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    Carlyle Group Grows DC Presence With HQ Expansion

    The global private equity firm will occupy four stories of the 804,100-square-foot trophy office building. JLL negotiated the deal on behalf of the tenant, while Cushman & Wakefield represented the owner.

    15 June 2018 11:51

  • Finmarc Continues Suburban MD Shopping Spree

    The company acquired a 110,000-square-foot flex/office portfolio in Columbia, Md., shortly after purchasing another 116,000-square-foot portfolio from the same seller at the end of last year.

    13 June 2018 11:40

  • Velocis, Altus Buy 500 KSF DC-Area Office Campus

    The partners purchased Greensboro Park, a two-building complex in Tysons, Va., from Beacon Capital, and tapped JLL to manage it. The deal marks Velocis' fourth office acquisition in Northern Virginia.

    13 June 2018 08:36

  • PS Business Parks Grows Mid-Atlantic Industrial Footprint

    The REIT purchased a group of 19 assets from MRP Realty and institutional investors advised by J.P. Morgan Asset Management, adding 1.1 million square feet to its holdings.

    12 June 2018 08:24

  • Bechtel Consolidates HQ in VA

    The firm will move its Houston and San Francisco offices to One Reston Overlook, where it has been a tenant since 2011.

    11 June 2018 16:23

  • BWI Airport Sheraton Hotel Changes Hands

    Vista Group of Cos. acquired the 203-key Sheraton Hotel Baltimore Washington Airport. The property is a seven-minute drive from the airport, offering a complimentary shuttle service.

    04 June 2018 16:49

  • Bridge Sells VA Office Campus for $62M

    The real estate investment management firm sold SunTrust Center One and Two, a 419,700-square-foot office complex in Richmond, to FD Stonewater just one year after purchasing the asset.

    31 May 2018 14:31

  • Greysteel Brokers Sale of Boutique Office Building in DC

    An entity associated with Potomac Development Group purchased the asset, which is located in D.C.'s Mount Vernon Triangle neighborhood, for $2.1 million.

    30 May 2018 16:13

  • World Wide Technology Enters DC Market

    NKF represented the technology solution provider in signing a lease to occupy more than 10,000 square feet at the LEED Platinum certified Terrell Place.

    25 May 2018 10:42

  • Unity Health Relocates DC HQ

    The health care company will occupy nearly 30,000 square feet of office space in WC Smith's recently renovated building, following Alion Science & Technology's departure.

    24 May 2018 16:25

  • JV Buys Warehouse, Plans Office Revamp in Richmond

    The 35,985-square-foot industrial asset is located in the Scott’s Addition neighborhood. The new ownership intends to reposition the asset as a creative office property, with extensive remodeling work planned for the next six months.

    24 May 2018 13:01

  • FRP Sells $347M Multi-State Industrial Portfolio

    The 3.6 million-square-foot group of assets, located across three Mid-Atlantic states, includes 40 warehouse and warehouse/office properties, as well as three land parcels.

    24 May 2018 10:05

  • UBS Trades DC Office Asset for $54M

    Representing the property owner, HFF secured a buyer for the 110,000-square-foot building and orchestrated acquisition financing on behalf of the investor.

    22 May 2018 08:25

  • Greenfield Partners Sells Baltimore-Area Office/Flex Asset

    The Class B facility located in Columbia, Md., traded for $5 million. The new owner occupies roughly 84 percent of the property.

    18 May 2018 09:56

  • Grubb Properties Enters DC Market

    Special servicer C-III Asset Management represented U.S. Bank in the disposition of Argon Plaza in Fairfax, Va. The distressed office building changed hands in a $38.8 million deal.

    07 May 2018 15:45