News - Mid-Atlantic

  • Ocean City Hotel Welcomes First Guests

    Aloft Hotels has opened its first-ever property in the popular Maryland resort town, partnering with Blue Water Development and Real Hospitality to bring the 120-key project near the famous boardwalk.

    29 May 2019 12:03
  • Armada Hoffler Buys 2 VA Retail Centers for $105M

    The REIT enhances its already strong presence in Virginia Beach by nearly 500,000 square feet with the addition of Red Mill Commons and Marketplace at Hilltop.

    29 May 2019 10:26
  • Baltimore Office Report – Spring 2019

    The metro’s technology sector is growing, with a focus on cybersecurity. Tech hubs such as Emerging Technology Centers and Betamore have been successful in retaining the city’s highly educated workforce.

    23 May 2019 10:16
  • Carr Properties Breaks Ground on $135M DC Project

    Signal House, a Gensler-designed trophy building, will target creative office tenants in the historic Union Market neighborhood, which is in the midst of a revitalization.

    23 May 2019 10:05
  • Finmarc Management Buys 250 KSF Retail Asset in Virginia

    The Maryland-based company acquired Manaport Plaza Shopping Center for nearly $30 million. The retail center in Manassas is adjacent to another Finmarc-owned shopping center and a regional mall.

    23 May 2019 08:31
  • Transwestern Brokers Maryland Industrial Portfolio Sale

    JU Holdings purchased the portfolio consisting of three one-story buildings and one four-story office property located near the Baltimore-Washington International Thurgood Marshall Airport.

    21 May 2019 15:30
  • 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
  • Baltimore Retail Center Trades for $16M

    The 129,242-square foot Governors Commons was 100 percent leased at the time of sale. The asset is close to both Interstate 97 and Arundel Expressway.

    21 May 2019 06:14
  • Amazon Details HQ2 Plans in Crystal City

    The first phase of construction for the tech behemoth’s Crystal City campus includes the redevelopment of vacant warehouses into 2.1 million square feet of office space.

    17 May 2019 09:24
  • Edge Commercial Real Estate Brokers 47 KSF Office Lease in VA

    Partner & Regional Director Scott Rabin and Vice President Todd McManus worked on behalf of the owner, Washington REIT. A team from Avison Young represented the tenant.

    14 May 2019 19:44
  • WeWork Inks 200 KSF in NYC, DC Coworking Deals

    The coworking giant announced it will lease out 111,000 square feet in a new premium office property near Capitol Hill, a day after unveiling a revenue-sharing partnership with RXR Realty at a Rockefeller Center property.

    13 May 2019 11:52
  • Newmark Knight Frank Chosen to Lease DC Office

    GreenOak Real Estate owns a 309,000-square-foot Class A property near Dupont Circle. The company purchased the asset from The Carlyle Group for $174.5 million last year.

    09 May 2019 11:23
  • Opportunity Zones Can Make a Great Deal Greater

    At a recent event organized by Mazars, Dean Adler explained how his team aims to turn a closed power plant in Philadelphia into a 1 million-square-foot, mixed-use destination—with a little help from the IRS.

    07 May 2019 12:41
  • Work Starts on 750 KSF Logistics Center Near Baltimore

    Atapco Properties has teamed up again with Chesapeake Real Estate Group to develop a pair of industrial buildings on a 52-acre site in White Marsh, Md. Delivery is slated for the first quarter of 2020.

    07 May 2019 12:28
  • St. John Properties Appoints SVP

    Sean Doordan has been with the company since 2005. In his new role, he will oversee the acquisition, leasing, space planning, interior design and marketing departments.

    03 May 2019 10:04