BRAC

  • Lowe to Begin $70M Redevelopment of 13-Story Office Building in D.C. Suburb

    Four years after acquiring the property formerly known as 1411 Jefferson Davis Highway in Crystal City, Va., Lowe Enterprises has kicked off a $70 million redevelopment of the building in an endeavor that will become the 308,000-square-foot 1400 Crystal Drive.

    Northeast 02 April 2012 18:20
  • How will DoD's BRAC Affect Office REITs?

    By Jonathan Morris, Managing Director, Jones Lang LaSalle Inc.’s Capital Markets Group

    The federal government, principally the U.S. Department of Defense, has shifted into gear to reduce its use of office space in the Washington, D.C., metropolitan area through the Base Realignment and Closure initiative, which will have significant ramifications for office REITs.

    National 07 March 2012 20:54

You May Also Like

  • Blackstone’s Credit Arm Closes $4.5B Fund

    GSO Capital Partners announced the final closing of the GSO Energy Select Opportunities Fund II, one of the largest energy-focused credit funds in the market.

    18 June 2019 06:56
  • JLL Closes on $1.8B Acquisition of HFF

    The cash-and-stock deal between the two firms was first announced back in March. HFF’s shareholders approved the deal on Monday.

    02 July 2019 04:57
  • citizenM Hotels Gets New Investor, $842M in Equity

    GIC, the sovereign wealth fund of the Government of Singapore, will acquire a 25 percent stake in the Dutch hospitality brand in a transaction valuing the company at $2.2 billion.

    29 March 2019 10:31
  • 2019 Top Property Managers

    Diversified real estate service firms continue to dominate management of commercial real estate properties. Find out which firms top the list.

    13 September 2019 14:44
  • Northern Virginia Flex, Office Portfolio Trades for $44M

    Minkoff Development purchased the five-building, 317,800-square-foot asset from Maguire Hayden Real Estate Co. The properties are part of the Avion Business Park, just south of Dulles International Airport.

    15 July 2019 12:35