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Bozzuto Chairman Tom Bozzuto
News 2 months ago
Bozzuto Chairman Tom Bozzuto

Tom Bozzuto is a 45-year real estate industry veteran who has seen - and overcome - more than his fair share of adversity. The Bozzuto Group...

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CREBA Honors Top D.C. Brokers With Virtual Award Reveals
News 2 months ago
CREBA Honors Top D.C. Brokers With Virtual Award Reveals

The coronavirus prevented the D. C. real estate industry from coming together for the annual CREBA Awards ceremony, but it did not stop the...

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Meridian Group Acquires 2 Tysons Office Buildings For $58M
News 2 months ago
Meridian Group Acquires 2 Tysons Office Buildings For $58M

The developer behind The Boro is continuing to grow its portfolio in Tysons. The Meridian Group announced Thursday it acquired the office buildings...

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Stonebridge Sells Piece Of Eisenhower Avenue Office Property To Townhouse Developer
News 2 months ago
Stonebridge Sells Piece Of Eisenhower Avenue Office Property To Townhouse Developer

After acquiring a long-vacant Alexandria office building last year, Stonebridge is moving forward with plans to add residential to the site. The...

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Montgomery County Is Especially Vulnerable To The Hotel Industry's Sudden Collapse
News 2 months ago
Montgomery County Is Especially Vulnerable To The Hotel Industry's Sudden Collapse

Montgomery County, Maryland, a jurisdiction that has already faced fiscal challenges in recent years, appears to be particularly exposed to the...

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Ward 8 Apartments Where Renters Went On Strike Bought Out Of Bankruptcy For $59M
News 2 months ago
Ward 8 Apartments Where Renters Went On Strike Bought Out Of Bankruptcy For $59M

A Southeast D. C. affordable housing community, which has been the center of a lawsuit from the D.C. government and a rent strike from its tenants,...

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Walter Reed Development Team Closes Deal For Next Phase, Plans May Groundbreaking
News 2 months ago
Walter Reed Development Team Closes Deal For Next Phase, Plans May Groundbreaking

A global pandemic and economic crisis is not slowing down the Parks at Walter Reed development team, which is planning to begin construction on a...

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JBG Smith Plans To Shift From Seller To Buyer, CEO Says
News 2 months ago
JBG Smith Plans To Shift From Seller To Buyer, CEO Says

JBG Smith, one of the D. C. area's largest real estate companies and the developer behind Amazon HQ2, is planning to pivot its capital markets...

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Downtown D.C. Office Building Sells For $42M Amid 'Challenging' Times
News 2 months ago
Downtown D.C. Office Building Sells For $42M Amid 'Challenging' Times

A New York real estate firm acquired a Downtown D. C. office building this week in a deal the broker said was made more difficult by the...

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Virginia Tech's First Building On Potomac Yard Campus
News 2 months ago
Virginia Tech's First Building On Potomac Yard Campus

Virginia Tech's plans for a new campus near Amazon HQ2 are beginning to come into focus as the university prepares to break ground next year....

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Before Coronavirus Hit, Canadian Firm Sold D.C.-Area Shopping Center For $35M
News 2 months ago
Before Coronavirus Hit, Canadian Firm Sold D.C.-Area Shopping Center For $35M

A Canadian investor that acquired and revamped a D. C.-area shopping center closed a deal to sell the property just before a crisis hit the retail...

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New Owner Of Dupont Circle Office Building Plans Major Redesign
News 3 months ago
New Owner Of Dupont Circle Office Building Plans Major Redesign

A Dupont Circle office building that traded hands in September is now being eyed for a major overhaul. The owner of 2100 M St. NW filed a zoning...

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Greenbelt Project Closes Financing, Begins Construction Despite Pandemic
News 3 months ago
Greenbelt Project Closes Financing, Begins Construction Despite Pandemic

A Cleveland developer started construction on a Prince George's County project in the final days of March, despite the uncertain economic...

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Aria Development Seeks To Demolish NoMa Exxon Where It Plans Mixed-Use Project
News 3 months ago
Aria Development Seeks To Demolish NoMa Exxon Where It Plans Mixed-Use Project

The mixed-use development planned for a prime corner in NoMa appears to be moving forward. An affiliate of Aria Development Group applied last week...

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Fairfax County Office Building Trades For $52M
News 3 months ago
Fairfax County Office Building Trades For $52M

A recently renovated office building near Inova Fairfax Hospital has just traded hands. Equus Capital Partners sold the office building at 8111...

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Federal Stimulus Shortchanging District Was 'Shameful'
News 3 months ago
Federal Stimulus Shortchanging District Was 'Shameful'

The $2 trillion stimulus bill Congress passed last month treated D. C. as a territory, giving it $750M less in funding than each of the 50 states,...

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Unizo Reaches Deal To Sell Remaining D.C. Portfolio
News 3 months ago
Unizo Reaches Deal To Sell Remaining D.C. Portfolio

The Japanese investment firm that bought a string of D. C. assets in 2016 and 2017 has reached a deal to be acquired. Unizo Holdings Co. told...

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Alexandria Officials Doubt Howard Hughes Will Go Through With Landmark Mall Redevelopment
News 3 months ago
Alexandria Officials Doubt Howard Hughes Will Go Through With Landmark Mall Redevelopment

The real estate firm planning to redevelop the mostly shuttered Landmark Mall in Alexandria may be backing out of the project. Alexandria City...

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WhyHotel Lays Off 'Significant Portion' Of Staff, Shifts Business Model Amid Hospitality Crisis
News 3 months ago
WhyHotel Lays Off 'Significant Portion' Of Staff, Shifts Business Model Amid Hospitality Crisis

A D. C.-based pop-up hotel startup that had begun to grow across the country is the latest company to feel the pain from falling hospitality demand...

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D.C.'s Office Market Struggled In Q1, And It's Going To Get Worse
News 3 months ago
D.C.'s Office Market Struggled In Q1, And It's Going To Get Worse

Before the coronavirus crisis began, the D.C. office market was already struggling with high vacancy and stagnant demand, and the freeze in...

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How Rappaport Is Handling Its Hundreds Of Retail Tenants Who Can't Pay The Rent
News 3 months ago
How Rappaport Is Handling Its Hundreds Of Retail Tenants Who Can't Pay The Rent

The unprecedented crisis the retail industry is facing came to a crescendo Wednesday, as the first monthly rent payments came due since thousands...

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MLB's Delayed Opening Day Could Give Half Street A Proper Debut
News 3 months ago
MLB's Delayed Opening Day Could Give Half Street A Proper Debut

The Washington Nationals were scheduled to host their first home game since winning the World Series on Thursday, and the new retailers on Half...

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Marriott Headquarters Construction Temporarily Halted After 2 Workers Tested Positive For Coronavirus
News 3 months ago
Marriott Headquarters Construction Temporarily Halted After 2 Workers Tested Positive For Coronavirus

Marriott International, one of the companies hardest hit by the coronavirus pandemic, is now temporarily stopping work on its new $600M corporate...

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Wells Fargo Signs 70K SF Lease To Relocate D.C. Office
News 3 months ago
Wells Fargo Signs 70K SF Lease To Relocate D.C. Office

A Downtown D. C. office building that recently lost its anchor tenant has just inked a lease with one of the world's largest banks. Wells Fargo...

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Cushman & Wakefield Hires Investment Sales Broker From Greysteel
News 3 months ago
Cushman & Wakefield Hires Investment Sales Broker From Greysteel

Cushman & Wakefield is bolstering its Mid-Atlantic investment sales team with a new Baltimore-based hire. The firm announced Tuesday it hired Ari...

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Falls Church Office Building Sells For $98M
News 3 months ago
Falls Church Office Building Sells For $98M

A Northern Virginia office building that recently landed an anchor tenant has just traded hands for nearly $100M. JLL brokered the sale of the...

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MidCity's 1,700-Unit RIA Project Clears Hurdle As Judge Rules In Favor Of Developer
News 3 months ago
MidCity's 1,700-Unit RIA Project Clears Hurdle As Judge Rules In Favor Of Developer

A judge has ruled in favor of MidCity in one of the two lawsuits over its planned 1,700-unit redevelopment of Northeast D. C.'s Brookland Manor...

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D.C., Maryland, Virginia Issue Stay-At-Home Orders, Allow Construction To Continue
News 3 months ago
D.C., Maryland, Virginia Issue Stay-At-Home Orders, Allow Construction To Continue

Maryland and Virginia and D. C. residents will soon be restricted from leaving their homes unless for essential reasons, but the region's...

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Mixed-Use Project Planned For 11-Acre Prince George's County Site
News 3 months ago
Mixed-Use Project Planned For 11-Acre Prince George's County Site

Prince George's County has shifted its entitlement process to virtual meetings amid the coronavirus pandemic, and next week it is slated to...

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New Coalition Forms To Help D.C. Restaurants Survive
News 3 months ago
New Coalition Forms To Help D.C. Restaurants Survive

D.C. restaurants have been unable to seat customers for two weeks - and it could be months before they can again - as coronavirus-related social...

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