Deals - Mid-Atlantic

U.S. Bank Sells NoVa Office Property
The bank sold the approximately 67,000-square-foot Class B building for $10 million, having taken control of the property through a foreclosure in mid-2017.
Office
Cerberus JV to Repurpose Former Discovery Communications HQ
The partners bought One Discovery Place in downtown Silver Spring, Md., with plans to reposition the property once the building’s sole tenant relocates to New York City.
Office
Clarion Partners Inks 51 KSF Lease at DC Mixed-Use
Cushman & Wakefield represented the owner in its lease negotiations with coworking firm AdvantEdge Workspaces, which will occupy space at Chevy Chase Pavilion.
Office

Cities

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    Meridian Group JV Buys Downtown DC Office

    In a partnership with WeWork Property Advisors affiliates, the company plans to renovate 1333 New Hampshire Ave., a building where WeWork intends to lease 100,000 square feet.

    05 December 2018 11:59

  • DC Hotel Changes Hands for $128M

    The 300-key Hilton Garden Inn in downtown Washington, D.C., sold for approximately $427,000 per guestroom. The seller was Xenia Hotels & Resorts.

    04 December 2018 16:31

  • JV Sells Pair of DC-Area Research Facilities

    The properties were built for the National Institutes of Health in 2004. The agency continues to fully occupy the 229,905 square feet of Class A space.

    29 November 2018 16:35

  • Broe Real Estate Sells Metro DC Medical Pavilion

    The 18-year-old property is situated in the city of Rockville, Md., and in the four years that the firm owned it, the building’s occupancy went from zero to 72.5 percent.

    29 November 2018 12:23

  • Excel Group Buys DE Marriott Hotel

    The hotel opened at the beginning of this year and is located near downtown Wilmington offering convenient access to Philadelphia International Airport.

    27 November 2018 17:00

  • Rosenthal Properties Buys Suburban MD Warehouse

    The 110,000-square-foot property in Frederick, Md., faces Interstate 70 and is fully occupied by Colonial Sash & Door, United Refrigeration Inc. and other companies.

    22 November 2018 11:18

  • DC Office High-Rise Changes Hands for $338M

    Invesco Real Estate sold the 331,000-square-foot trophy building near the White House. Safety, Income & Growth Inc. originated a $150 million ground lease on behalf of the buyer.

    16 November 2018 11:28

  • Douglas Development Buys $12M MD Office Property

    Transwestern represented the seller in its disposition of 116 Defense Highway, an 81,931-square-foot building that was 70 percent leased at the time of sale.

    08 November 2018 11:31

  • Monday Properties Buys 206 KSF DC-Area Asset

    The company purchased a 12-story office building in Arlington, Va., located within walking distance of the amenity-rich Shirlington Town Center.

    08 November 2018 10:11

  • St. John Properties Inks 3 Baltimore-Area Leases

    The firm signed American Pool Enterprises, USA Marble and Granite LLC, as well as Erickson Living to new spaces totaling 35,000 square feet.

    30 October 2018 16:33

  • GreenOak JV Pounces on the Lion Building

    JBG Smith traded the eight-story, 157,000-square-foot Class B office asset in Washington, D.C. The purchase price was $65 million.

    26 October 2018 14:58

  • Queensgate Acquires DC Hotel for $54M

    The company acquired the 148-key Courtyard by Marriott Washington, D.C., from affiliates of Quadrangle Development and Capstone, with plans to reopen the property under the Generator flag.

    24 October 2018 17:09

  • Law Firm Michael Best Comes to The Wharf

    Starting February 2019, the company will occupy 30,404 square feet, combining two local operations at the 1000 Main building in Washington, D.C. 

    15 October 2018 14:51

  • DC Retail Center Lands $61M Financing

    Walker & Dunlop arranged the loan for The Shops at Dakota Crossing, a 140,000-square-foot retail center. This will replace the existing construction capital stack with a stretch senior bridge loan.

    12 October 2018 12:04

  • Rialto Acquires MD Industrial Portfolio

    Parkway Industrial comprises nine building totaling 711,220 square feet. Transwestern's Mid-Atlantic Capital Markets Group represented the seller, a global investment manager.

    03 October 2018 15:53