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PS Business Parks Sell Three Assets for Nearly $149M
News 4 days ago
PS Business Parks Sell Three Assets for Nearly $149M

MONTGOMERY COUNTY, MD - PS Business Parks Inc. has completed the sale of three business parks, located in Montgomery County, MD, in a $148.8...

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Philadelphia’s First Micro-Hotel Opens
News 4 days ago
Philadelphia’s First Micro-Hotel Opens

PHILADELPHIA-Modus Hotels and Parkway Corp.'s Pod Philly, the city's first micro-hotel, opened its doors recently. The 252-room property, located...

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American Real Estate Partners Acquires Office Asset
News 5 days ago
American Real Estate Partners Acquires Office Asset

TYSONS, VA - American Real Estate Partners (AREP) has acquired the class-A office building, 1660 International Drive in Tysons Corner, VA. The...

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Pebblebrook Hotel Trust Secures $33M Sale for DC Hotel
News 5 days ago
Pebblebrook Hotel Trust Secures $33M Sale for DC Hotel

WASHINGTON DC - Pebblebrook Hotel Trust has executed a contract to sell the Topaz Hotel in Washington DC for $33 million. The sale of the 99-room...

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Cambria Hotels Breaks Ground on Fifth DC Location
News 5 days ago
Cambria Hotels Breaks Ground on Fifth DC Location

WASHINGTON DC - Choice Hotels International Inc., Donohoe Development Company and Koucar Management have begun construction on the Cambria Hotel...

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DC Business District Named World’s First LEED-Certified Community
News 6 days ago
DC Business District Named World’s First LEED-Certified Community

WASHINGTON DC - Washington DC's central business district, the Golden Triangle Business Improvement District, has earned the highest level of LEED...

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Walker & Dunlop Adds Two Finance Execs to Philly Operations
News 1 week ago
Walker & Dunlop Adds Two Finance Execs to Philly Operations

The Mid-Atlantic team is focused on originating and executing on commercial real estate property sales primarily in the greater Philadelphia metro...

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JLL Brokers Nearly $70M Sale of DC Office Building
News 1 week ago
JLL Brokers Nearly $70M Sale of DC Office Building

WASHINGTON DC - JLL has closed the sale of 1120 G Street in Washington DC for $69.75 million. The property was sold to a Credit Suisse Asset...

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Drawbridge Realty Acquires DC Office Asset for $87M
News 1 week ago
Drawbridge Realty Acquires DC Office Asset for $87M

WASHINGTON DC - Drawbridge Realty has purchased a 169,430-square-foot, class-A office building in an $87 million transaction. The ten-story asset,...

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Paramount Group Sells DC Office Asset for Nearly $155M
News 1 week ago
Paramount Group Sells DC Office Asset for Nearly $155M

WASHINGTON DC - Paramount Group Inc. has sold Liberty Place, a 172,000-square-foot office building in Washington DC, for $154.5 million. The asset,...

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JLL Closes DC Office Building Sale for Nearly $105M
News 2 weeks ago
JLL Closes DC Office Building Sale for Nearly $105M

WASHINGTON DC - JLL has closed the sale of 950 L'Enfant Plaza in Washington DC for $104.6 million. The firm marketed the property on behalf of the...

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Transwestern Reveals New DC Finance Team
News 3 weeks ago
Transwestern Reveals New DC Finance Team

WASHINGTON DC - Transwestern Commercial Services has unveiled a new structured finance group as an addition to its Washington DC office. Appointing...

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Transwestern Launches Healthcare Advisory Services in DC
News 3 weeks ago
Transwestern Launches Healthcare Advisory Services in DC

WASHINGTON DC - Transwestern Commercial Services has recruited Ken Smondrowski as vice president of its Healthcare Advisory Services. In this role,...

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Foulger-Pratt Buys Tysons Office for $35M
News 3 weeks ago
Foulger-Pratt Buys Tysons Office for $35M

WASHINGTON, DC-Brandywine Realty Trust has sold 1900 Gallows Rd., here for $35 million. The buyer of the 210,000-square foot building is Foulger...

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Two CRE Asset Classes Leading the Way
News 3 weeks ago
Two CRE Asset Classes Leading the Way

WASHINGTON-The real estate market continues to remain favorable for commercial real estate services. Though economic growth has decelerated in 2019...

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Amazon Expansion to Add 400 New Jobs in Chicago
News 3 weeks ago
Amazon Expansion to Add 400 New Jobs in Chicago

CHICAGO-Amazon is doubling its Tech Hub workforce in Chicago. In total, the e-commerce giant will add 400 new tech jobs to its Tech Hub operations...

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Germany’s DWS Group Buys Chantilly Distribution Center
News 1 month ago
Germany’s DWS Group Buys Chantilly Distribution Center

Washington, DC-German asset management company DWS Group's Americas real estate platform has acquired the 350,000-square foot Chantilly...

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Suitland’s Ashton Heights Trades for $46M
News 1 month ago
Suitland’s Ashton Heights Trades for $46M

WASHINGTON, DC-Ashton Heights, a high-rise, 283-unit multifamily property in Suitland, Md., has traded for $45.8 million. The seller was Orlo; the...

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Outstanding Economic Impact in a Historical Preservation Project
News 1 month ago
Outstanding Economic Impact in a Historical Preservation Project

BREMERTON, WA - For GlobeSt.com's 2019 ADAPT awards, we credit historical preservation project, Marina Square in Bremerton, WA as the top economic...

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Walker & Dunlop Establishes Dedicated Capital Markets Presence in New England
News 1 month ago
Walker & Dunlop Establishes Dedicated Capital Markets Presence in New England

BOSTON-Walker & Dunlop, which is headquartered in Bethesda, MD, reports that Patrick Keefe, formerly of HFF, has joined the firm as a vice...

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FCP Enters Jacksonville Market with $29M Multifamily Buy
News 1 month ago
FCP Enters Jacksonville Market with $29M Multifamily Buy

JACKSONVILLE, FL-Real estate investment firm FCP has made its 10th investment in the State of Florida and its first deal in Jacksonville with the ...

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Hines-Oaktree Capital JV Acquires Two Liberty Center for $93M
News 1 month ago
Hines-Oaktree Capital JV Acquires Two Liberty Center for $93M

ARLINGTON, VA-A joint venture of Hines and funds managed by Oaktree Capital Management, L. P. has purchased the nearly Two Liberty Center office...

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Element Critical Lands $67M in Funding for VA Data Center
News 1 month ago
Element Critical Lands $67M in Funding for VA Data Center

VIENNA, VA-Element Critical, a San Francisco-based provider of data center and IT infrastructure, has secured $67 million in financing to refinance...

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Colliers Adds Erik Binkowski as SVP
News 2 months ago
Colliers Adds Erik Binkowski as SVP

WASHINGTON, DC-Colliers International has recruited Erik Binkowski to join the company as senior vice president. He will be based in Colliers'...

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National Brokerage Firm Buys The Ezra Co.
News 2 months ago
National Brokerage Firm Buys The Ezra Co.

WASHINGTON, DC-The Ezra Co.has been sold to a major national brokerage firm. Founded in 1980 by Fred Ezra, The Ezra Co. is one of the oldest...

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The Vitamin Shoppe to be Acquired for $208M
News 2 months ago
The Vitamin Shoppe to be Acquired for $208M

SECAUCUS, NJ-Locally-based retailer The Vitamin Shoppe is to be acquired by Liberty Tax Inc. of Virginia Beach, VA in a deal valued at...

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Normandy Closes $250M OZ Fund, Will Develop Last-Mile Warehouse With Pinkard
News 2 months ago
Normandy Closes $250M OZ Fund, Will Develop Last-Mile Warehouse With Pinkard

CAPITOL HEIGHTS, MD-A joint venture between Normandy Real Estate Partners and The Pinkard Group has closed on 716 Ritchie Rd. here. The partnership...

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Value-Add Apartment in Woodridge Trades for $81M
News 2 months ago
Value-Add Apartment in Woodridge Trades for $81M

WOODRIDGE, VA-Misty Ridge, a 409-unit apartment community located here, has traded for $80.5 million. The value-add community was acquired by...

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Minkoff Makes First Virginia Acquisition in Avion Business Park
News 2 months ago
Minkoff Makes First Virginia Acquisition in Avion Business Park

CHANTILLY, VA-Minkoff Development has entered the Northern Virginia market with the acquisition of a portfolio of buildings within the Avion...

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Union Square Trades to Network Realty Partners, USAA
News 2 months ago
Union Square Trades to Network Realty Partners, USAA

WASHINGTON, DC-Arlington, VA-based Network Realty Partners and equity partner USAA Real Estate, have acquired the 625,506 square foot Union Square...

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