Investment - Washington DC

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
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.
Hotel

  • Debt Markets Poised for Strong 2019

    Matt Weber, Avison Young’s newest addition to the firm's Washington, D.C., office, discusses the challenges of deploying capital at this stage in the cycle and where the best opportunities lie.

    03 December 2018 17:32

  • 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

  • Crystal City’s Courting of Amazon’s HQ2

    The Northern Virginia locale would see a boon to its office and retail real estate markets should the e-commerce leader’s multibillion-dollar second headquarters come to town.

    09 November 2018 13:23

  • 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

  • DC Office Building Commands $157M

    The Mount Vernon Triangle property was completed in 1973 and, following complete renovations in 2010, achieved LEED Platinum certification.

    02 October 2018 13:22

  • Exan Capital Snags $121M DC Office Tower

    Located in the East End submarket, Executive Tower comprises 130,000 square feet across 11 stories. The seller, JBG Smith, previously purchased the asset back in 2013 for $63 million.

    26 September 2018 12:48

  • EdgeCore to Build 144 MW Data Center Campus in NoVa

    The new development will comprise four buildings of 36 megawatts each. The company is expanding in key U.S. data center markets, having already acquired land in several other metros.

    17 September 2018 15:05

  • Harrison Street Sheds VA Medical Office Portfolio

    With help from Avison Young, a joint venture between MBRE Healthcare and Kayne Anderson Venture acquired the three-building Ashburn Farm Professional Plaza in Loudoun County.

    24 August 2018 18:26

  • Marcus Partners Snags $26M DC Office Asset

    The Jefferson Building, which comprises more than 73,000 square feet, is the only asset in the CBD to offer a nearly 10,000-square-foot availability for a single tenant to occupy the entire top floor.

    20 August 2018 15:26

  • JOSS Realty Snags $30M VA Office Building

    Cushman & Wakefield represented the seller, Finmarc Management, in the disposition of the Offices at Waterfront Center. The property is anchored by Sport & Health, a full-service fitness and health club.

    13 August 2018 10:55

  • DC’s Landmark Washington Harbor Property Sells for $415M

    Acting on behalf of a consortium represented by Principal Real Estate Investors, HFF secured Global Holdings Management Group as a buyer for the 560,000-square-foot office and retail asset.

    02 August 2018 13:01

  • JV Acquires 350 KSF DC-Area Retail Center

    GBT Realty Corp. teamed up with Equity Resource Investments and Avante Financial Group to buy Ellsworth Place in Silver Spring, Md. The asset was 93 percent leased at the time of sale.

    27 July 2018 07:43

  • MCR Buys $18M DC-Area SpringHill Suites

    Located in Fairfax, Va., the 140-key hotel underwent $1.4 million worth of renovations last year. The six-story building dates back to 2009.

    26 July 2018 16:11