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Amazon's Data Center Arm Pays $116M For Northern Virginia Site
News 2 months ago
Amazon's Data Center Arm Pays $116M For Northern Virginia Site

Amazon is making waves in Northern Virginia with the development of its second headquarters, but the tech giant continues to quietly grow its...

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Developers Under Contract To Buy Hechinger Mall, Potentially Setting Up Huge H Street Corridor Project
News 2 months ago
Developers Under Contract To Buy Hechinger Mall, Potentially Setting Up Huge H Street Corridor Project

An 8.6-acre shopping center property on the eastern edge of the H Street corridor could soon become D. C.'s next major mixed-use development. MRP...

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New Operator Of Isabella Eatery Space Sued For 'Deftly Stealing' Intellectual Property
News 2 months ago
New Operator Of Isabella Eatery Space Sued For 'Deftly Stealing' Intellectual Property

A retail brokerage that partnered on the December opening of a beleaguered Tysons food hall is suing its operator for cutting it out of the deal....

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Streetsense Hires New COO From Rand Construction
News 2 months ago
Streetsense Hires New COO From Rand Construction

Streetsense has just added a 30-year commercial real estate veteran to its C-suite. The Bethesda-based strategy and design firm announced Tuesday...

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Former Sanford Capital Apartments In Southeast D.C. Eyed For Redevelopment
News 2 months ago
Former Sanford Capital Apartments In Southeast D.C. Eyed For Redevelopment

An apartment complex at the center of a lawsuit involving former owner Sanford Capital has been tapped for redevelopment. A development team filed...

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Somerset Cos. President Mike Caruthers Dies At 72
News 2 months ago
Somerset Cos. President Mike Caruthers Dies At 72

Maryland developer Mike Caruthers, who built thousands of apartments and millions of square feet of office space during his 47-year career, died...

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Fred Ezra On The Challenge Of Competing As A Midsized Brokerage
News 2 months ago
Fred Ezra On The Challenge Of Competing As A Midsized Brokerage

The decision that launched Fred Ezra's 39-year run of leading his own brokerage firm came in the spur of the moment. He was out at lunch in 1980...

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Developer Breaks Ground On Self-Storage Facility Near Fort Totten
News 2 months ago
Developer Breaks Ground On Self-Storage Facility Near Fort Totten

A residential developer in D. C. is building its second self-storage facility in D.C. to satisfy what he sees as unmet demand for new storage space...

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A Coffee Shop May Be D.C.’s Best Shot At Its Next Soccer Superstar
News 2 months ago
A Coffee Shop May Be D.C.’s Best Shot At Its Next Soccer Superstar

Soccer star Wayne Rooney, who joined D.C. United ahead of the opening of its new Audi Field stadium last year, is leaving the team, and the club's...

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A Summer Of Winners And Losers In Alexandria Amid 3-Month Metro Shutdown
News 2 months ago
A Summer Of Winners And Losers In Alexandria Amid 3-Month Metro Shutdown

The summer shutdown of six Metro stations in Northern Virginia, now in its 12th week of a scheduled 15, has impacted retail businesses in...

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Trump Administration Looks To Open Immigrant Children Shelter In Northwest D.C.
News 2 months ago
Trump Administration Looks To Open Immigrant Children Shelter In Northwest D.C.

Trump Administration Looks To Open Immigrant Children Shelter In Northwest D. C. A Douglas Development-owned building in Northwest D.C.'s Takoma...

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Colony Capital Sells 5-Property Hotel Portfolio In Maryland, Virginia, Texas
News 2 months ago
Colony Capital Sells 5-Property Hotel Portfolio In Maryland, Virginia, Texas

A portfolio of five Courtyard by Marriott hotels in the D. C., Baltimore and San Antonio markets has just traded hands. Colony Capital sold the...

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Fast-Growing Development Company Launches Projects In Bethesda, Northeast D.C.
News 2 months ago
Fast-Growing Development Company Launches Projects In Bethesda, Northeast D.C.

A 33-year-old D. C. developer is growing his firm with for-sale residential projects targeting his fellow millennials. Acumen Cos. Chairman Abiud...

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After Selling Longtime HQ, Children's Defense Fund Finds New Home In NoMa
News 2 months ago
After Selling Longtime HQ, Children's Defense Fund Finds New Home In NoMa

The Children's Defense Fund is moving into a new home roughly a half-mile from the headquarters building it sold last year. The nonprofit signed an...

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Long-Dormant Bethesda Development Site, Spared From Moratorium, Hits The Market
News 2 months ago
Long-Dormant Bethesda Development Site, Spared From Moratorium, Hits The Market

The owner of an approved 631-unit development site in Bethesda is looking to capitalize on Montgomery County halting any new residential approvals...

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Residential Towers Totaling 800 Units Planned To Replace Rosslyn Office Building
News 2 months ago
Residential Towers Totaling 800 Units Planned To Replace Rosslyn Office Building

A major new multifamily project has just hit the boards across from Nestlé's U. S. headquarters in Rosslyn. Snell Properties filed plans with...

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United Bankshares Inc. Announces Record Earnings For The Second Quarter And The First Half Of 2019
News 2 months ago
United Bankshares Inc. Announces Record Earnings For The Second Quarter And The First Half Of 2019

After a strong start to 2019, United Bankshares Inc. continues to report record earnings throughout the second quarter of this year. Earnings for...

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Residence Inn Next To Amazon HQ2 Sells For $99M
News 2 months ago
Residence Inn Next To Amazon HQ2 Sells For $99M

A 23-year-old hotel adjacent to Amazon's future headquarters campus has traded hands for nearly $100M. Host Hotels & Resorts sold the Residence Inn...

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How Transit, Design And Technology Are Coalescing To Build A Smarter D.C.
News 2 months ago
How Transit, Design And Technology Are Coalescing To Build A Smarter D.C.

How Transit, Design And Technology Are Coalescing To Build A Smarter D. C. The Washington metropolitan area has been the crucible for many of the...

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D.C. Brokerage The Ezra Co. Is Shutting Down
News 2 months ago
D.C. Brokerage The Ezra Co. Is Shutting Down

A longtime D.C. tenant representation firm is shutting down. The Ezra Co., founded by Fred Ezra, will soon cease operations after 39 years, the...

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11 Grocery-Anchored Developments Underway In D.C.
News 2 months ago
11 Grocery-Anchored Developments Underway In D.C.

The developments that have the greatest impact on a neighborhood are often those that bring a new grocery store, offering a new option for...

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Petworth, Park View Booming With Multifamily Projects, Restaurant Openings
News 2 months ago
Petworth, Park View Booming With Multifamily Projects, Restaurant Openings

A growing neighborhood in Northwest D. C. that has welcomed a wave of bars and restaurants over the last year can serve as a model for other parts...

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Solving Construction’s Workforce Shortage Requires Changes At The Top
News 2 months ago
Solving Construction’s Workforce Shortage Requires Changes At The Top

During the last recession, contractors struggled to provide enough work for their current employees and could not afford to bring on new...

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Town Nightclub Plans To Reopen In Former Church In NoMa
News 2 months ago
Town Nightclub Plans To Reopen In Former Church In NoMa

A popular LGBTQ nightclub plans to reopen in a former church building in NoMa, but one neighborhood leader has concerns. Town Danceboutique...

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Lee & Associates Closes 3 Alexandria Deals After Opening New D.C. Office
News 2 months ago
Lee & Associates Closes 3 Alexandria Deals After Opening New D.C. Office

One month after announcing the launch of its new D. C. office, Lee & Associates has closed three deals totaling $38M in Alexandria. The brokerage...

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Crystal City BID Will Host 2019 Oktoberfest At The Boundary Of Crystal City And Pentagon City
News 2 months ago
Crystal City BID Will Host 2019 Oktoberfest At The Boundary Of Crystal City And Pentagon City

Crystal City's Oktoberfest is returning for its second annual celebration in 2019 at a new location and with a new partner: local Arlington craft...

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Lowe Buys Randall School Site, Plans To Begin 500-Unit Redevelopment Next Year
News 2 months ago
Lowe Buys Randall School Site, Plans To Begin 500-Unit Redevelopment Next Year

The long-planned redevelopment of a historic Southwest D. C. school is set to move forward next year. Los Angeles-based Lowe, formerly Lowe...

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GSA Seeking 100K SF For Immigrant Children Shelter In Northern Virginia
News 2 months ago
GSA Seeking 100K SF For Immigrant Children Shelter In Northern Virginia

Northern Virginia could soon welcome a new shelter for over 400 unaccompanied minors as part of the federal government's ongoing efforts to house...

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MidCity Files Plans For 363-Unit Mount Vernon Square Project
News 2 months ago
MidCity Files Plans For 363-Unit Mount Vernon Square Project

MidCity is planning to add 300 apartments to a Mount Vernon Square site it has owned since the 1960s. The developer filed a planned-unit...

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Alexandria By The Numbers
News 2 months ago
Alexandria By The Numbers

Quiz: How Much Do You Know About Bethesda? Quiz: How Much Do You Know About Loudoun County? Alexandria By The Numbers

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