Investment - Washington DC
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Excel Snags 200 Keys in DC
The Hyatt Place Washington DC/US Capitol opened three years ago in the city’s burgeoning NoMa neighborhood.
18 August 2017 08:48 -
JV Buys Into Suburban DC Office Complex
The Pinkard Group and Principal Real Estate Investors joined forces to acquire a 193,000-square-foot Class A office building located within the 94-acre mixed-use Worldgate complex in Herndon, Va.
17 August 2017 16:54 -
Meridian, Rockefeller Partner on DC-Area Office Tower
In a new joint venture, the partners will co-develop The Boro, a trophy office building at Meridian’s $825 million mixed-use project in Tysons, Va.
14 August 2017 12:28 -
Vornado Completes DC Spin-Off, JBG Smith Begins Trading
The resulting company has an operating portfolio of about 20 million square feet. The firm also has a pipeline of roughly 18.3 million square feet of potential development density.
20 July 2017 08:10 -
S. Korean Investment Firm Buys NASA HQ in DC
Two Independence Square, the largest asset in Piedmont Office Realty’s portfolio, sold for $360 million, or $593 per square foot.
17 July 2017 11:19 -
Avison Young Brokers $24M MOB Sale
A joint-venture between Foulger-Pratt and a global real estate investment management firm sold the Class A asset in Silver Spring, Md., to Healthcare Realty in an off-market transaction.
10 July 2017 16:49 -
Oxford Properties JV Nabs Pair of DC Trophy Buildings
The Canadian company partnered with Norges Bank Real Estate Management for the acquisition of the Class A properties. The assets add up to more than 500,000 square feet of core office space.
05 July 2017 11:17 -
Government Properties to Acquire First Potomac in $1.4B Deal
The resulting company will have an enterprise value of $4.3 billion, with gross assets of $4.1 billion. The transaction is expected to be completed by the end of 2017.
30 June 2017 07:35 -
Vornado Speeds Up JBG Smith Spin-Off
Common shares of the new REIT—which will trade on the New York Stock Exchange under the symbol JBGS—will be available starting July 18.
28 June 2017 08:51 -
Monday Properties Grabs DC, SoCal Assets
The company made moves on both coasts, acquiring Spectrum Tower in Laguna Hills, Calif., and Beauregard Office Park in Alexandria, Va.
23 June 2017 09:26 -
Tysons’ 2000 Corporate Ridge Fetches $39M Financing
PCCP arranged the senior loan for the purchase and renovation of the 261,910-square-foot office property. The repositioning will include the addition of a fitness center and multiple modern conference rooms.
16 June 2017 18:31 -
Columbia Property Trust Completes Renovations at DC Office Building
The 285,000-square-foot 80 M St. in Washington, D.C. underwent a $3 million renovation that brought the building’s occupancy level to 94 percent.
08 June 2017 16:49 -
Monday Properties Closes $888M NoVa Refi
The financing includes a future funding facility that will provide significant capital to meet additional long-term strategic investments and support tenant needs.
26 May 2017 12:17 -
HBW Group Completes Sale of Rockville Asset
ProMark Real Estate Services purchased the 37-year-old, 101,000-square-foot office building and has renovations planned for the property.
18 May 2017 16:56 -
Douglas Development Buys $66M Land for DC Project
The site is part of the 15 acres that the company acquired to develop NewCityDC, a 1.5 million-square-foot mixed-use project that will offer apartments, townhomes, retail and a hotel.
16 May 2017 14:42