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German Hostel-Hotel Concept To Open First U.S. Location In NoMa
News 4 months ago
German Hostel-Hotel Concept To Open First U.S. Location In NoMa

European hostel-hotel concepts with large shared rooms are beginning to grow their presence in D. C., with the latest in the emerging hospitality...

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Latest Chapter In D.C. Zoning Appeal Saga Pits Developer Against Developer
News 4 months ago
Latest Chapter In D.C. Zoning Appeal Saga Pits Developer Against Developer

New hotels and apartment buildings have for years been going up with little resistance in D. C.'s Mount Vernon Triangle neighborhood, but the owner...

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D.C., Redbrick Unveil Plan For Mixed-Use Town Square At St. Elizabeths East
News 4 months ago
D.C., Redbrick Unveil Plan For Mixed-Use Town Square At St. Elizabeths East

The next phase of Southeast D. C.'s major redevelopment of the St. Elizabeths East campus is coming into focus. Mayor Muriel Bowser announced...

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Buchanan Partners Plans 1,000-Unit Mixed-Use Development In Woodbridge
News 4 months ago
Buchanan Partners Plans 1,000-Unit Mixed-Use Development In Woodbridge

D. C. is experiencing a rapid development boom along its waterfront, and now one of its outer suburbs is creating a man-made waterfront to get in...

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Prince George's County Apartment Community Trades For $66M
News 4 months ago
Prince George's County Apartment Community Trades For $66M

A New York investment firm has acquired a Prince George's County apartment community, bringing its portfolio in the county to nearly 2,500 units....

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Adams Morgan Developers Are Delivering The Neighborhood's First Wave Of New Apartments In Decades
News 4 months ago
Adams Morgan Developers Are Delivering The Neighborhood's First Wave Of New Apartments In Decades

Adams Morgan's nightlife scene and funky character are powerful draws, but the Northwest D. C. neighborhood's population has remained stagnant for...

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Brookfield To Introduce Self-Driving Cars At Massive Northern Virginia Development
News 4 months ago
Brookfield To Introduce Self-Driving Cars At Massive Northern Virginia Development

One of the world's largest real estate firms will roll out self-driving vehicles at a huge property it owns in Northern Virginia this summer....

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Brookfield Sells Stake In 2001 M For $250M
News 4 months ago
Brookfield Sells Stake In 2001 M For $250M

Brookfield Property Partners is generating capital from a recently redeveloped office building in D. C.'s central business district as it looks to...

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Real Estate Lessons From 3 High-Growth Companies
News 4 months ago
Real Estate Lessons From 3 High-Growth Companies

Thanks to rapidly growing teams and the constant evolution of company culture, high-growth startups face specific challenges. One of the largest...

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Leesburg Apartment Community Trades For $70M
News 4 months ago
Leesburg Apartment Community Trades For $70M

A 316-unit apartment community in Leesburg has just traded hands. Capital Square 1031, a Richmond-based investment and management firm, bought the...

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'It Was Like A Spigot Got Turned On'
News 4 months ago
'It Was Like A Spigot Got Turned On'

For almost a year, every bank that Marc Tropp called seemed to be holding back. No one in Northern Virginia was offering loans for new construction...

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WeWork In Talks With Akridge To Lease Full Downtown D.C. Building
News 4 months ago
WeWork In Talks With Akridge To Lease Full Downtown D.C. Building

WeWork is close to a deal to lease a full building in Downtown D.C., continuing its rapid expansion across the region. The coworking provider is in...

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Monument Realty To Build New Shopping Center In Ashburn
News 4 months ago
Monument Realty To Build New Shopping Center In Ashburn

Many owners of suburban shopping centers are looking to fill vacancies or redevelop into mixed-use projects, but one developer is launching a new...

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Healthcare Real Estate Firm Opens East Coast Regional Office In Northern Virginia
News 4 months ago
Healthcare Real Estate Firm Opens East Coast Regional Office In Northern Virginia

A Chicago-based healthcare real estate company with over 14M SF in its portfolio has established a new East Coast hub in Ashburn, Virginia. MBRE...

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United Bankshares Inc. Announces Record Earnings For 2018
News 4 months ago
United Bankshares Inc. Announces Record Earnings For 2018

United Bankshares Inc. reported record earnings for 2018. Earnings for Q4 2018 were $64M, or $0.62 per diluted share, as compared to earnings of ...

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Capitol Crossing Residential Component Scrapped As Developer Pitches Hotel Instead
News 4 months ago
Capitol Crossing Residential Component Scrapped As Developer Pitches Hotel Instead

There won't be any housing on the new city blocks being built above I-395 in D. C. Capitol Crossing developer Property Group Partners filed an...

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Rockville Project Breaks Ground After 10 Years, But The Developer Sees Roadblocks As An Advantage
News 4 months ago
Rockville Project Breaks Ground After 10 Years, But The Developer Sees Roadblocks As An Advantage

A four-story apartment project within a half-mile of a Montgomery County Metro station has taken nearly a decade to move forward, but the developer...

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SAIC Looks To Consolidate 1.2M SF D.C.-Area Office Footprint Following Engility Acquisition
News 4 months ago
SAIC Looks To Consolidate 1.2M SF D.C.-Area Office Footprint Following Engility Acquisition

Last month's $2.5B merger of two government contractors has created a monumental task for those in charge of consolidating its real estate and tech...

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For Pennsylvania Avenue's Transformation, It's One Step Forward, Two Steps Back
News 4 months ago
For Pennsylvania Avenue's Transformation, It's One Step Forward, Two Steps Back

The hundreds of thousands of visitors who come to "America's Main Street" to see the Newseum's monument to the First Amendment, the row of daily...

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Cafritz Lands Aldi To Anchor Fort Totten Development
News 4 months ago
Cafritz Lands Aldi To Anchor Fort Totten Development

German grocer Aldi will join a children's museum, an experiential art museum and a food hall in anchoring the next phase of Cafritz Foundation's...

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Inside WeWork's First Location On A College Campus
News 4 months ago
Inside WeWork's First Location On A College Campus

COLLEGE PARK, Md. — The Old Line State's flagship university is now home to its first WeWork location, as the coworking giant tests out a campus...

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Tysons Site Planned For 700-Unit Development Hits The Market
News 4 months ago
Tysons Site Planned For 700-Unit Development Hits The Market

A new opportunity has just hit the market for developers looking to build apartments next to two regional malls in a large corporate office hub....

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Lincoln Property Signs 2 New Leases, Expansion At Renovated West End Building
News 4 months ago
Lincoln Property Signs 2 New Leases, Expansion At Renovated West End Building

A West End office building, after losing its anchor tenant and undergoing a large renovation, has signed three deals to bring it over 75% leased....

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Alexandria Office Building To Be Converted To Private High School
News 4 months ago
Alexandria Office Building To Be Converted To Private High School

Demand for more educational space in the D. C. region is forcing schools to get creative about where they will open classrooms. Immanuel Christian...

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Starwood Hires MetLife's D.C. Acquisitions Head To Lead New Opportunity Fund
News 4 months ago
Starwood Hires MetLife's D.C. Acquisitions Head To Lead New Opportunity Fund

Starwood Capital Group is the latest major investor to launch a business focusing on the new federal opportunity zone program. The global...

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Boston Properties Sells TSA Headquarters Project In Springfield
News 4 months ago
Boston Properties Sells TSA Headquarters Project In Springfield

Boston Properties is working on five build-to-suit office projects in the D. C. area, and it has just cashed in on one of them. The developer...

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Silver Spring Apartments Trade For $87M
News 4 months ago
Silver Spring Apartments Trade For $87M

The family office of billionaire David Rubenstein has partnered on the acquisition of a Silver Spring garden-style apartment community. Rockville...

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With Amazon Promising Huge Changes, Crystal City's Underground Mall Left In Limbo
News 4 months ago
With Amazon Promising Huge Changes, Crystal City's Underground Mall Left In Limbo

ARLINGTON, Va. — Paata Tsikurishvili opened the door to his studio with a smile on his face. Dressed in all black, the bearded artistic director of...

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Skanska To Develop 1700 M Through Ground Lease With JBG Smith
News 4 months ago
Skanska To Develop 1700 M Through Ground Lease With JBG Smith

Vornado demolished existing buildings, JBG Smith designed their replacement and now Skanska will take over the development of a Downtown D. C....

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The Shutdown May Have Stalled D.C.'s Investment Sales Market As It Was Ready To Take Off
News 4 months ago
The Shutdown May Have Stalled D.C.'s Investment Sales Market As It Was Ready To Take Off

The longest-ever government shutdown forced hundreds of thousands of federal workers across the D. C. region to go without pay and cost the region...

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