Retail - Washington DC

Finmarc Cashes In $52M for DC-Area Value-Add Play
After acquiring the 61,500-square-foot property five years ago, the firm implemented an extensive improvement plan and landed Trader Joe’s as anchor tenant.
Retail
Washington REIT Sells $485M Retail Portfolio
First Washington Realty acquired the 800,000-square-foot group of five grocery-anchored shopping centers in high-income neighborhoods of the Washington, D.C., area.
Retail
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.
Retail

  • Finmarc Management Buys MD Shopping Center

    The company paid $43.9 million to acquire a 280,000-square-foot Upper Marlboro mall, which is anchored by Marshalls, Shoppers Food Warehouse, Regency Furniture, Advanced Dollar Tree and Dress Barn.

    21 January 2019 11:58

  • ShopOne Centers REIT Enters DC Market

    The company continued its growth along the Interstate 95 corridor with the acquisition of Eastgate Shopping Center in Lanham, Md.

    14 January 2019 16:28

  • 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

  • DC Retail Center Lands $61M Financing

    Walker & Dunlop arranged the loan for The Shops at Dakota Crossing, a 140,000-square-foot retail center. This will replace the existing construction capital stack with a stretch senior bridge loan.

    12 October 2018 12:04

  • Solar Rooftop System Atop MD Retail Asset Begins Operations

    The system marks Safari Energy’s eighth project in the state and the fifth installation with PREIT, the owner of Francis Scott Key Mall.

    21 August 2018 11:06

  • JV Celebrates Milestone for 4.2 MSF DC-Area TOD

    The Meridian Group and Kettler have topped out on the structures comprising the 1.7 million-square-foot first phase of the transit-oriented development in Tysons, Va.

    01 August 2018 12:40

  • 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

  • Calkain Arranges $6M Sale of VA Shopping Center

    Sycolin Corner Strip Center in Leesburg comprises 13,837 square feet and is anchored by a 9,300-square-foot Kiddie Academy. Other tenants include Sandy Nails & Spa, Hunan Cafe and Sycolin Cleaners.

    10 July 2018 16:17

  • DC-Area Retail Center Trades for Record Price

    Facilitated by Calkain Cos., the property traded for $4.8 million, attaining $925 per square foot and a cap rate of 5.5 percent.

    19 March 2018 20:48

  • JCR Nabs $31M VA Shopping Center

    The five-building, Target shadow-anchored Center at Innovation shopping center in Manassas, Va includes 101,990 square feet and 482 parking spaces.

    30 January 2018 15:32

  • DC-Area Retail Plaza Sells for $20M

    Fortuna Center Plaza is a nearly 105,000-square-foot, grocery-anchored shopping center located in Northern Virginia. The more than $20 million deal was arranged by NKF Capital Markets.

    29 January 2018 16:15

  • H&R Retail Completes 2 Mid-Atlantic Leases

    Two discount stores have signed leases in the Washington, D.C., and Baltimore metro areas, totaling just under 43,000 square feet.

    11 January 2018 16:30

  • PREIT Brings New Tenants to MD Mall

    PREIT has brought new tenants Tilt Studio and Onelife to the Valley Mall in Hagerstown, Md., diversifying the amenities of the retail center.

    05 January 2018 23:36

  • DC-Area Retail Asset Trades for $21M

    Located in Bowie, Md., The Shoppes at Bowie Town Center is an 104,000-square-foot extension of a popular open-air center across the street and was built in 2004.

    19 December 2017 18:33

  • MacKenzie Inks 39 KSF in Suburban DC

    Forman Mills is the newest tenant at Forestville Plaza Shopping Center, bringing the occupancy of the recently remodeled mall to nearly 100 percent.

    05 December 2017 18:42

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