News - Mid-Atlantic

  • St. John Properties Breaks Ground on 3 Buildings in MD

    The structures will house a total of 200,000 square feet of flex, R&D, bulk and warehouse space. All three facilities will be completed in the summer of 2019.

    06 December 2018 17:25
  • COPT Builds 2 Data Centers in Prince William County’s Opportunity Zone

    The REIT will develop two new facilities in Innovation Park, one of the leading data center locations in the nation, taking advantage of the area’s strong infrastructure.

    06 December 2018 12:52
  • Meridian Group JV Buys Downtown DC Office

    In a partnership with WeWork Property Advisors affiliates, the company plans to renovate 1333 New Hampshire Ave., a building where WeWork intends to lease 100,000 square feet.

    05 December 2018 11:59
  • 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.

    04 December 2018 16:31
  • 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
  • $640M Fannie Mae HQ Redevelopment Launched

    Adaptive reuse expert Roadside Development and joint venture partner North America Sekisui House will transform the former home of the government-sponsored enterprise into a 1 million-square-foot mixed-use destination called City Ridge.

    28 November 2018 13:23
  • Excel Group Buys DE Marriott Hotel

    The hotel opened at the beginning of this year and is located near downtown Wilmington offering convenient access to Philadelphia International Airport.

    27 November 2018 17:00
  • Divaris Expands Retail Leasing Portfolio in VA

    The management company added five shopping centers totaling more than 300,000 square feet to its collection of properties in Hampton Roads.

    27 November 2018 12:12
  • Berkadia Secures $112M Loan for DC Portfolio

    The company arranged construction financing for developer Foulger-Pratt for a self storage property in the NoMa neighborhood and a mixed-use development near Capitol Hill.

    26 November 2018 13:11
  • Rosenthal Properties Buys Suburban MD Warehouse

    The 110,000-square-foot property in Frederick, Md., faces Interstate 70 and is fully occupied by Colonial Sash & Door, United Refrigeration Inc. and other companies.

    22 November 2018 11:18
  • DC Office High-Rise Changes Hands for $338M

    Invesco Real Estate sold the 331,000-square-foot trophy building near the White House. Safety, Income & Growth Inc. originated a $150 million ground lease on behalf of the buyer.

    16 November 2018 11:28
  • Avison Young Names New SVP to DC Office

    Matt Weber is joining the company’s capital markets group, focusing on finance and investment sales of multifamily, office, industrial and retail assets.

    15 November 2018 14:33
  • What’s Next for Amazon’s HQ2

    Executives shed light on what the tech giant's multi-billion investment means for Long Island City, N.Y., Crystal City, Va., and Nashville, Tenn.

    14 November 2018 13:41