News - Washington DC

  • 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
  • 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
  • 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
  • It’s Official: Amazon Announces HQ2 Winners

    JBG Smith will develop 4 million square feet for the e-commerce giant in Arlington, Va. Amazon will take another 1 million square feet at an office tower owned by Savanna in Long Island City, N.Y.

    13 November 2018 17:31
  • Amazon Expected to Announce HQ2 Decision

    The e-commerce giant could make it official today, according to reports. Crystal City, Va., and Long Island City, N.Y., are the widely rumored choices for the $5 billion project.

    13 November 2018 13:48
  • 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
  • Monday Properties Buys 206 KSF DC-Area Asset

    The company purchased a 12-story office building in Arlington, Va., located within walking distance of the amenity-rich Shirlington Town Center.

    08 November 2018 10:11
  • Crystal City Gains in Amazon HQ2 Sweepstakes

    Speculation mounts that the online retailer will tap the neighborhood across the Potomac from Washington, D.C. JBG Smith, the submarket’s primary office owner, would be poised to benefit.

    05 November 2018 03:00