Paul McDermott

  • Washington REIT Buys Army Club Building in DC for $79M

    Washington Real Estate Investment Trust continues repositioning its portfolio with the acquisition of The Army Navy Club Building, a Class A office building in Washington, D.C., for $79 million.

    Washington Dc 28 March 2014 14:07
  • Harrison Street Awards C&W 1.5 MSF, $500M Med Office Portfolio

    Harrison Street Real Estate Capital has chosen Cushman & Wakefield as the exclusive property management contract for its $500 million¸1.5 million-square-foot medical office portfolio.

    Washington Dc 14 February 2014 15:43
  • WRIT Pockets $307M on First Phase of MOB Portfolio Sale

    In two separate transactions with Harrison Street Real Estate Capital, Washington Real Estate Investment Trust closed the sale of office buildings totaling 877,000 square feet, two office assets featuring significant medical office tenancy and a parcel of land for $307.2 million.

    Washington Dc 26 November 2013 17:05
  • October – Briefs/People

    Prudential Taps Adler as New CEO; Washington REIT Names McDermott CEO; JLL Buys Houston’s Means Knaus Partners; CBRE Promotes Axford to Global Head of Research; Sabshon Named CEO of IREIC; Fleming Joins Columbia Property Trust as CFO; Aimco Promotes Bezzant to CIO; Suchman Joins CBRE as Chief Marketing Officer; USAA Appoints Hime CFO.

    National 25 September 2013 20:07

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    Blackstone intends to make this investment through Blackstone Property Partners for its Core+ real estate investment unit. The all-cash transaction is expected to close in the second quarter.

    11 January 2018 11:45