Investment - Washington DC

Marcus & Millichap Appoints New DC Regional Manager
Matthew Drane will be in charge of expanding the firm’s investment services, working closely with agents and investors. He has been with the firm since 2012, serving most recently as associate regional manager.
Investment
Meridian Sells Majority Interest in VA Office Complex
The firm secured a partnership with MetLife Investment Management for the recapitalization of Boro Station, a recently renovated three-building office property in Tysons.
Office
Monday Properties Nabs Two NoVa Office Buildings
The acquisition includes Dulles Metro Center in Herndon and Cameron Run Office Park in Alexandria, totaling more than 370,200 square feet.
Office

  • WPC Begins $7M Renovation of VA Office Asset

    The renovation of the 12,000-square-foot property at 3160 Fairview Park Drive, within the 220-acre Fairview Park complex, is scheduled for completion in June.

    23 March 2018 17:34

  • DoveHill Capital, Wurzak Acquire NoVa Hotel

    The 298-key Sheraton Reston is situated in the Washington, D.C., suburb of Reston, the second-largest office market in Fairfax County.

    15 March 2018 11:15

  • German Investor to Buy $120M DC Hotel

    Union Investment GmbH has inked an agreement to acquire Thompson D.C., a 225-key project in the Navy Yards district, from a joint venture involving Geolo Capital and JW Capital Partners. The purchase will increase the company’s growing U.S. lodging portfolio to five properties.

    06 March 2018 12:16

  • JV Buys 199-Key Hotel in Downtown DC

    The Beacon Hotel and Corporate Quarters has traded in a deal facilitated by Savills Studley. The new owners plan to carry out extensive on-site renovations.

    05 March 2018 18:54

  • Federal Capital Sells DC-Area Office Tower for $226M

    Harbor Group International is the new owner of One Dulles Tower, a 403,600-square-foot trophy property occupied in its entirety by Amazon Web Services. The deal comes less than three years after FCP purchased the corporate campus in an $84 million transaction.

    05 March 2018 12:48

  • CPPIB Takes Minority Stake in JBG Smith’s DC Office Development

    The $101 million investment represents a 45 percent interest in the property. Construction on 1900 N St. N.W. started in the second quarter of 2017 and is expected to be completed by 2020.

    01 March 2018 12:10

  • Kiddar Capital Nabs Suburban DC Development Site

    The nearly five-acre parcel, currently home to a 135,000-square-foot office building, will be the landing site of a new metro station.

    26 February 2018 16:06

  • VA Office Asset Trades, Awaits Conversion

    Avison Young brokered the sale of a recently rezoned property in Tysons, Va., which will serve as a self-storage facility.

    20 February 2018 17:20

  • JV Buys $26M Land for DC-Area Mixed-Use Project

    The 1.8-acre parcel is part of The View, a 3-million-square-foot mixed-use development located in the Arts and Entertainment District of Tysons, Va., next to the Spring Hill Metro Station.

    15 February 2018 10:17

  • Rubenstein Partners Buys Stake in DC Trophy Building

    The company cashed out $27.5 million for an 80 percent stake and plans to modernize the office property through a series of building and tenant service upgrades.

    12 February 2018 17:14

  • PRP Grabs Pair of VA Foreclosed Office Assets

    The properties total 420,000 square feet and sit in the proximity of Mark Center Transit Center, Alexandria Hospital and Alexandria Community College.

    06 February 2018 17:14

  • JCR Nabs $31M VA Shopping Center

    The five-building, Target shadow-anchored Center at Innovation shopping center in Manassas, Va includes 101,990 square feet and 482 parking spaces.

    30 January 2018 15:32

  • DC-Area Retail Plaza Sells for $20M

    Fortuna Center Plaza is a nearly 105,000-square-foot, grocery-anchored shopping center located in Northern Virginia. The more than $20 million deal was arranged by NKF Capital Markets.

    29 January 2018 16:15

  • ASB Fund Sells DC Trophy Building for $144M

    Masaveu Real Estate US, an affiliate of internationally diversified Spanish conglomerate Corporacion Masaveu S.A., is the new owner of the 900 G St., N.W., office property in the city’s East End.

    29 January 2018 13:50

  • DC-Area Marriott Hotel Changes Hands

    The six-story, 316-key Fairfax Marriott at Fair Oaks is a less than 20-minute drive from the Washington Dulles International Airport.

    17 January 2018 21:29