Local News

CREtech Announces Its 3rd Annual Trailblazers Summit To Be Held In Napa Valley, California
Press Release 22 hours ago
CREtech Announces Its 3rd Annual Trailblazers Summit To Be Held In Napa Valley, California
Source CREtech

Exclusive C-Level Retreat For Real Estate And Tech Sectors Will Feature World-Renowned Speakers And Is Already Half-Sold OutNew York, NY ...

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25K DC-Area Grocery Store Workers to Vote on Possible Strike
News 1 week ago
25K DC-Area Grocery Store Workers to Vote on Possible Strike

Employees of two major grocery store chains in the D. C. area plan to rally Wednesday and announce when they will vote on a potential strike that...

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D.C. Apartment Property Trades for $14M
News 1 week ago
D.C. Apartment Property Trades for $14M
Source Connect Media

National commercial real estate investment services firm Greysteel has arranged the $13.7 million sale of Glenwood Apartments, a 90-unit apartment...

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Press Release 1 week ago
The Amazon Effect: North Virginia's Property Market Boom

A little more than a year ago Amazon declared that it would be expanding an HQ2 to Northern Virginia, and its effects are already being felt by...

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Marc Fleisher leaves TTR Sotheby's and joins Compass
News 1 week ago
Marc Fleisher leaves TTR Sotheby's and joins Compass

Real estate brokerage Compass has snagged top agent Marc Fleisher, principal of the Fleisher Group and formerly of TTR Sotheby's International...

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MRP Realty to Open 12K-SF Food Hall in D.C.
News 1 week ago
MRP Realty to Open 12K-SF Food Hall in D.C.

MRP Realty and Westbrook Partners have announced plans to open Western Market, a 12,000-square-foot food hall in Washington D.C.’s Foggy Bottom...

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Why Plenty Of D.C. Streets Only Exist On Paper
Blog 1 week ago
Why Plenty Of D.C. Streets Only Exist On Paper
Source Dcist

Once it’s done, the new City Ridge development on Wisconsin Avenue will boast hundreds of new residences, a hotel, retail offerings, and the...

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Six NoVA Office Buildings to be Powered by Renewable Energy
News 1 week ago
Six NoVA Office Buildings to be Powered by Renewable Energy

Brookfield Properties has added 100 percent clean, renewable power to six of its office buildings in Northern Virginia, with the new energy source...

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Trump’s Neoclassicism and Macron’s Timber Towers: What Role Should Government Play in Architecture?
Blog 1 week ago
Trump’s Neoclassicism and Macron’s Timber Towers: What Role Should Government Play in Architecture?

Architects: Showcase your next project through Architizer and sign up for our inspirational newsletter. Earlier this month, an eight-page draft...

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WashREIT To Sell Tysons Office Building For $10M Loss
News 1 week ago
WashREIT To Sell Tysons Office Building For $10M Loss

The Tysons office building where Booz Allen Hamilton maintains its global headquarters is under contract to trade for $10M less than its previous...

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Defense Agency To Move From Alexandria To Springfield
News 1 week ago
Defense Agency To Move From Alexandria To Springfield

Corporate Office Properties Trust has landed a federal government tenant at its Patriot Ridge office park in Springfield. The Defense Contract...

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A 100-Year-Old D.C. Bank Gets A Modern Twist
News 1 week ago
A 100-Year-Old D.C. Bank Gets A Modern Twist

A venerable bank building just blocks from the White House is shaping up to become a trophy office asset with an eye-popping set of rooftop...

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Defense audit agency to move branch to Patriot Ridge in Springfield
News 1 week ago
Defense audit agency to move branch to Patriot Ridge in Springfield

The Patriot Ridge business park in Springfield has gotten a boost from a most unlikely tenant. The Defense Contract Audit Agency has signed a lease...

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Northern Virginia’s growth and its impact on federal leasing activity
News 1 week ago
Northern Virginia’s growth and its impact on federal leasing activity

With a $39-per-square-foot prospectus cap in place for federal leases in Northern Virginia, the General Services Administration is quickly being...

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3 suburban Maryland federal leasing trends to watch
News 1 week ago
3 suburban Maryland federal leasing trends to watch

While Northern Virginia solidified its foothold with the technology sector, suburban Maryland has been quietly hoisting itself up in a similar...

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4 takeaways about D.C. federal office leasing in 2020
News 1 week ago
4 takeaways about D.C. federal office leasing in 2020

The obvious choice for federal government tenants remains to be downtown Washington, D. C. Between the proximity to decision-makers in both...

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Compass Health Breaks Ground on Broadway Healthcare Campus Redevelopment in Everett, Washington
News 1 week ago
Compass Health Breaks Ground on Broadway Healthcare Campus Redevelopment in Everett, Washington

EVERETT, WASH. - Compass Health has broken ground for the first phase of its Broadway campus redevelopment project in downtown Everett. The...

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Kase Group Negotiates $8.4M Sale Safeway-Occupied Retail Asset in Yakima, Washington
News 1 week ago
Kase Group Negotiates $8.4M Sale Safeway-Occupied Retail Asset in Yakima, Washington

Safeway occupies the 45,584-square-foot retail property at 5702 Summitview Ave. in Yakima, Wash. YAKIMA, WASH. - The Kase Group has arranged the...

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Telesis Corp. President Marilyn Melkonian
News 1 week ago
Telesis Corp. President Marilyn Melkonian

Marilyn Melkonian has been a leader in the housing industry for decades, and today she is bringing that expertise to a major redevelopment effort...

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How Much Do You Know About Southwest D.C.?
News 1 week ago
How Much Do You Know About Southwest D.C.?

How Much Do You Know About Southwest D. C.? The narrow arc of land between the Potomac and the National Mall has become one of the most fertile...

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The Southwest D.C. Neighborhood Guide
News 1 week ago
The Southwest D.C. Neighborhood Guide

D. C.'s smallest quadrant has been making an outsized impact on the city's commercial real estate market. Since so much of its land area is...

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Top 10 Articles About Southwest D.C.
News 1 week ago
Top 10 Articles About Southwest D.C.

1. The Wharf has secured an $847M construction loan for Phase 2. 2. Toll Brothers plans to build at least 400 apartments on Buzzard Point. 3....

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Tenants In Southwest D.C.
News 1 week ago
Tenants In Southwest D.C.

New Kids On The Block: Tenants In Southwest D. C. While The Wharf's Phase 2 is bringing nearly 600K SF of office space to the city's waterfront,...

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Southwest D.C. By The Numbers
News 1 week ago
Southwest D.C. By The Numbers

In The Works: Top 3 Developments In Southwest D. C. New Kids On The Block: Tenants In Southwest D.C. How Much Do You Know About Southwest D.C.?...

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Top 3 Developments In Southwest D.C.
News 1 week ago
Top 3 Developments In Southwest D.C.

In The Works: Top 3 Developments In Southwest D. C. Construction is underway on the second phase of The Wharf, a mile-long mixed-use development...

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Georgetown Co. Acquires 265K-SF Atlanta Office Property
News 1 week ago
Georgetown Co. Acquires 265K-SF Atlanta Office Property
Source Connect Media

Developer and owner Georgetown Co., and its affiliate RocaPoint Partners, has acquired 244 Perimeter Center Parkway, a 13-acre, 265,000-square-foot...

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Corporate camping: Check out REI’s crazy Washington headquarters
News 1 week ago
Corporate camping: Check out REI’s crazy Washington headquarters

A rendering of the new REI headquarters in Seattle (Credit: NBBJ) Consumer outdoor equipment retailer Recreational Equipment Inc., or REI, is...

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Kiosk Manager-Wireless Sales Inside Costco at Wireless Advocates
News 1 week ago
Kiosk Manager-Wireless Sales Inside Costco at Wireless Advocates

Kiosk Manager-Wireless Sales Inside Costco at Wireless Advocates - US-KY-Florence Headquartered in Seattle, Washington, Wireless Advocates is...

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2 Suburban Washington, D.C., Offices Sell for $46.5Mln
News 1 week ago
2 Suburban Washington, D.C., Offices Sell for $46.5Mln

Innovatus Capital Partners has paid $46.5 million, or $228/sf, for the Lakeview East and West office buildings with a combined 204,000 square feet...

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Watermark Coming to Oldtown
Blog 1 week ago
Watermark Coming to Oldtown

New luxury condos with river views are headed to Oldtown. Scheduled for a spring delivery, Watermark is one of the latest residential projects...

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Compass Health breaks ground on housing project in Everett
News 1 week ago
Compass Health breaks ground on housing project in Everett

The project is slated to open in 2021 and will add 82 units of permanent housing, doubling Compass Health's housing capacity in Snohomish County....

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National News

Competitive capital markets available for NNN properties - by Peter Tousignant
News 4 hours ago
Competitive capital markets available for NNN properties - by Peter Tousignant

Investor and lender demand for quality real estate remains strong, with much attention often focused on the multifamily and industrial asset...

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News 11 hours ago
Fourth Quarter and Full Year 2019 Earnings Report
Source West

MEXICO CITY, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Terrafina® ("TERRA" or "the Company") (BMV: TERRA13), a leading Mexican industrial real estate...

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The Horrifying Things I’ve Seen as an Office Manager in Silicon Valley
News 13 hours ago
The Horrifying Things I’ve Seen as an Office Manager in Silicon Valley
Source Medium Tech

This article is part of San Francisco Confesses, a feature series dedicated to anonymous stories from locals they'd never share with their name...

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LeaseLock Releases Automated Claims for Rental Housing
News 14 hours ago
LeaseLock Releases Automated Claims for Rental Housing

MARINA DEL REY, Calif., Feb. 27, 2020 /PRNewswire/ -- LeaseLock, the only provider of a nationwide A-rated lease insurance program that totally...

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Pending Sales Shoot Up 5.2 Percent
News 14 hours ago
Pending Sales Shoot Up 5.2 Percent

In January, pending sales shot up 5.2 percent, according to the latest National Association of REALTORS® Pending Home Sales Index, based on...

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Rausch Coleman Homes affiliate acquires 91 lots off Stonebriar Drive in Calera
News 15 hours ago
Rausch Coleman Homes affiliate acquires 91 lots off Stonebriar Drive in Calera

An Arkansas homebuilder has purchased some vacant land near the intersection of Interstate 65 and Highway 25 in Shelby County. Shelby County public...

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US mortgage rates decline; 30-year loan at 3.45%
News 18 hours ago
US mortgage rates decline; 30-year loan at 3.45%

WASHINGTON (AP) - U. S. long-term mortgage rates declined this week as growing concern over the economic impact of China's viral outbreak spurred a...

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JCPenney is closing six more stores
News 19 hours ago
JCPenney is closing six more stores

The tough times continue for JCPenney. The department store chain announced plans Thursday to close six additional stores as sales and profit...

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Mortgage rates keep slipping as market jitters continue
News 19 hours ago
Mortgage rates keep slipping as market jitters continue

Mortgage rates slipped this week, as the stock market sell-off resulted in investors moving into bonds which drove the 10-year Treasury yield down,...

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Mortgage rates fall to three-year low amid coronavirus fears — here’s why they may not hit an all-time low
News 20 hours ago
Mortgage rates fall to three-year low amid coronavirus fears — here’s why they may not hit an all-time low

Mortgage rates dropped back to a three-year low, extending the possibility of major savings for Americans who choose to refinance their home loans....

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Investor buys Dollar General store for $1.5M
News 20 hours ago
Investor buys Dollar General store for $1.5M

Description of property: A net-leased discount retail store Behind the deal: The property generated multiple offers from investors nationally...

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JC Penney says sales declines expected to continue into 2020, more store closures ahead
News 23 hours ago
JC Penney says sales declines expected to continue into 2020, more store closures ahead

J. C. Penney's fourth-quarter earnings topped analysts' expectations, despite steep sales declines during the holiday season, the company said...

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REQ: Low mortgage rates continue to defy expectation
News 23 hours ago
REQ: Low mortgage rates continue to defy expectation

Coronavirus and the lack of confidence in U. S. manufacturing are the latest events to impact markets and keep rates dipping. This account isn't...

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CBRE Group, Inc. Reports Financial Results For Q4 And Full Year 2019
News 23 hours ago
CBRE Group, Inc. Reports Financial Results For Q4 And Full Year 2019

CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the fourth quarter and year ended December 31, 2019....

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CBRE Group, Inc. Reports Financial Results for Q4 and Full Year 2019
News 23 hours ago
CBRE Group, Inc. Reports Financial Results for Q4 and Full Year 2019
Source CBRE

LOS ANGELES--(BUSINESS WIRE)-- CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the fourth quarter and year ended December 31,...

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Bath & Body Works expansion plans rattle some nerves
News 23 hours ago
Bath & Body Works expansion plans rattle some nerves
Source Retail Dive

L Brands' fourth quarter report itself revealed few surprises - that was accomplished last week when the company announced that Sycamore is...

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Realogy’s Brokerage, Title Segments Have New Names
News 1 day ago
Realogy’s Brokerage, Title Segments Have New Names

MADISON, NJ-National real estate services firm Realogy reports it has renamed some of its operating segments, including its NRT brokerage, which...

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J.C. Penney Closing More Stores As Sales Decline
News 1 day ago
J.C. Penney Closing More Stores As Sales Decline
Source CBS Boston

(CNN) — The tough times continue for JCPenney. The department store chain announced plans Thursday to close six additional stores as sales and...

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Bath & Body Works has big store expansion plans
News 1 day ago
Bath & Body Works has big store expansion plans

L Brands has big plans for its growing Bath & Body Works business. The retailer reported that fourth quarter net sales fell to $4.7 billion from $4...

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Chico’s Q4 brings gains across all its brands; Soma leads comeback
News 1 day ago
Chico’s Q4 brings gains across all its brands; Soma leads comeback

Chico's FAS narrowed its loss in a quarter that, for the first time in six years, brought increases across all its three brands. While all...

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