Investment - Washington DC
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Courtyard by Marriott in Virginia Sells for $20M
Excel Group’s purchase of the 191-key Courtyard by Marriott Springfield marks the seventh major transaction for the company in the last year.
18 June 2019 15:27 -
Crystal City Office Tower Sells for $100M
Newmark Knight Frank represented Beacon Capital Partners in the disposition of Presidential Tower, a 349,303-square-foot building situated near the future home of Amazon HQ2.
21 May 2019 12:08 -
Pebblebrook Sells DC Hotel for $111M
A joint venture between Metrovest Equities and BLDG Management acquired the asset and plans to convert it into a YOTEL-branded property.
09 April 2019 11:23 -
Healthcare Realty Trust Acquires 2 MOBs for $46M
The properties, which together total 158,338 square feet, are located on the Inova Fair Oaks Hospital campus in Fairfax, Va.
04 April 2019 09:25 -
Georgetown University Buys Downtown DC Office Asset
In a nimble change of strategy, Office Properties Income Trust sold 500 First St. for $70 million rather than proceeding with a planned renovation of the soon-to-be-vacant building.
21 March 2019 11:38 -
Saban Sells, Buys $600M in Office Assets
The investment firm sold a 1.5 million-square-foot national portfolio and, as part of its strategy to acquire government-occupied properties, purchased a 340,000-square-foot building in Washington, D.C.
06 March 2019 14:01 -
Piedmont Sells DC Office Asset for $170M
The Class A, nine-story property's tenant roster includes several government tenants. The previous owner renovated the building five years ago.
05 March 2019 13:00 -
Pebblebrook Sells DC Hotel for $142M
After acquiring LaSalle Hotel Properties in November, the REIT embarked upon a disposition program that so far has included eight properties and is expected to continue over the next 18 months.
27 February 2019 12:47 -
Elion Partners, Buchanan Acquire DC-Area Industrial Portfolio
The properties total 1.6 million square feet across six locations. This deal marks the partners' second industrial purchase within the metro.
14 February 2019 13:47 -
Rubenstein Partners Grows Presence in MD
Boston Properties received $22.7 million for The Preserve at Tower Oaks in Rockville. The owner will be soon add a new tenant lounge, a café and a fitness facility.
05 February 2019 14:57 -
Lincoln Property Acquires VA Office Campus for $21M
The five-building campus has nearly 110,000 square feet of space within the Van Buren Office Park in Herndon, Va. The seller was Finmarc Management.
29 January 2019 13:01 -
Finmarc Management Buys MD Shopping Center
The company paid $43.9 million to acquire a 280,000-square-foot Upper Marlboro mall, which is anchored by Marshalls, Shoppers Food Warehouse, Regency Furniture, Advanced Dollar Tree and Dress Barn.
21 January 2019 11:58 -
ShopOne Centers REIT Enters DC Market
The company continued its growth along the Interstate 95 corridor with the acquisition of Eastgate Shopping Center in Lanham, Md.
14 January 2019 16:28 -
J.P. Morgan, JBG Smith Sell DC Office Tower for $385M
Ponte Gadea, the investment arm of billionaire Amancio Ortega, purchased the 401,000-square-foot building at 1501 K St. NW.
11 January 2019 08:41 -
Meridian Group Purchases VA Office Building
The buyer plans to renovate the LEED Gold-certified property, which sits in the Rosslyn-Ballston Corridor and is well connected to the rest of the metro.
03 January 2019 21:36