Mark West

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    The energy firm submitted the winning bid for an offshore lease area in an auction by the U.S. Department of the Interior’s Bureau of Ocean Energy Management.

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    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.

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    The U.S. economic expansion, now the second-longest ever, is looking a little long in the tooth, but REIT fundamentals are still strong.

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