Washington DC
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Finmarc Nabs VA Shopping Center
Festival at Manassas, an 117,000-square-foot shopping center in Manassas, Va., traded for $20 million. Bill Kent of CBRE represented the seller, Katz Properties.
20 June 2017 15:48 -
DC Area Office Park Lands New Leases
CliftonLarsonAllen and the Transit Employees Federal Credit Union inked two leases totaling 22,000 square feet of office space at the six-building Capital Office Park in Greenbelt, Md.
19 June 2017 17:40 -
Tysons’ 2000 Corporate Ridge Fetches $39M Financing
PCCP arranged the senior loan for the purchase and renovation of the 261,910-square-foot office property. The repositioning will include the addition of a fitness center and multiple modern conference rooms.
16 June 2017 18:31 -
Transwestern Appoints New EVP
George Vogelei will step up as the firm’s executive vice president of agency leasing, after spending more than three years at NKF.
15 June 2017 15:47 -
Natixis Scores $39M Loan for Hyatt Acquisition
The Excel Group received a $39 million loan for the acquisition of 200-key Hyatt Place Washington DC/US Capitol, located in the NoMa neighborhood of Washington, D.C.
15 June 2017 14:54 -
ASB Names New VP
Brian Chen joined the company in 2014 and holds more than nine years of commercial real estate experience under his belt. Prior to joining the company, he worked at Tishman Speyer and Booz Allen Hamilton.
15 June 2017 09:53 -
J Street Welcomes Industry Veteran
Mike Balaban joined the Washington, D.C.-based company as development executive. Previously, he headed Lowe Enterprises’ non-hospitality East Coast activities.
09 June 2017 15:41 -
Amazon Web Services Creates 1.5K Jobs in VA
The cloud services division of Amazon.com will take over the 406,855-square-foot Class A building at 13200 Woodland Park Road in Herndon, Va. One Dulles Tower features 406,855 square feet of office, 3,500 square feet of retail and a 10,000-square-foot data center.
09 June 2017 15:31 -
Columbia Property Trust Completes Renovations at DC Office Building
The 285,000-square-foot 80 M St. in Washington, D.C. underwent a $3 million renovation that brought the building’s occupancy level to 94 percent.
08 June 2017 16:49 -
Greysteel Tapped to Market Del Ray Properties
The assets located at 2903 Mount Vernon Ave. and 104 Hume Ave. incorporate an existing commercial garage and an office building. Both sites are currently zoned for small scale retail and office uses.
06 June 2017 15:44 -
Monday Properties Closes $888M NoVa Refi
The financing includes a future funding facility that will provide significant capital to meet additional long-term strategic investments and support tenant needs.
26 May 2017 12:17 -
Marcus & Millichap Secures DC Mixed-Use Asset
The Transit Employees Federal Credit Union sold the 4,374-square-foot mixed-use facility located in Washington, D.C. The property features a sublevel and mezzanine space for retail, office or multifamily conversions.
24 May 2017 15:03 -
Avison Young Brokers $20M Sale of 2 DC-Area Industrial Assets
The properties totaling 245,888 square feet were sold by CIM Group and purchased by Beckham Gumbin Ventures. The buildings are close to key employers, such as the CIA and CACI International.
24 May 2017 14:50 -
Indian Company to Invest $35M in Virginia R&D Facility
Granules India Ltd., through its wholly owned subsidiary Granules Pharmaceuticals Inc., will expand its pharmaceutical R&D and manufacturing operations at the company’s 100,000-square-foot plant in Fairfax County.
23 May 2017 14:42 -
Merritt Expands Footprint With NoVa Campus
The 596,000-square-foot I-66 Business Park will comprise six industrial buildings, two of which are expected to be completed in 2017.
19 May 2017 14:04