Investment - Washington DC

HFF Brokers Sale of 191-Key VA Hotel
Westin Reston Heights, which opened in 2008, is within walking distance of the upcoming Reston Town Center Metrorail Station, while Dulles International Airport is a 10-minute drive away.
Hotel
BWI Airport Sheraton Hotel Changes Hands
Vista Group of Cos. acquired the 203-key Sheraton Hotel Baltimore Washington Airport. The property is a seven-minute drive from the airport, offering a complimentary shuttle service.
Hotel
Greysteel Brokers Sale of Boutique Office Building in DC
An entity associated with Potomac Development Group purchased the asset, which is located in D.C.'s Mount Vernon Triangle neighborhood, for $2.1 million.
Office

  • Grubb Properties Enters DC Market

    Special servicer C-III Asset Management represented U.S. Bank in the disposition of Argon Plaza in Fairfax, Va. The distressed office building changed hands in a $38.8 million deal.

    07 May 2018 15:45

  • JV Buys Class A Office in Downtown DC

    Following the $100 million acquisition, DSC Partners and Wafra Inc. intend to reposition the 178,000-square-foot asset with a $5 million upgrade program.

    03 May 2018 10:56

  • 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.

    19 April 2018 14:46

  • 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.

    11 April 2018 17:30

  • 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.

    05 April 2018 18:02

  • 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