Local News

Leaping Toward Asset Transparency
Press Release 3 days ago
Leaping Toward Asset Transparency
Source CMBS.com

Leaping Toward Asset TransparencyJune 3, 2019A new rent-roll reporting standard promises to improve underwriting and commercial real estate...

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Modell Family Pays $48M Cash For 2 D.C. Office Buildings
News 1 week ago
Modell Family Pays $48M Cash For 2 D.C. Office Buildings

The family behind the Modell's Sporting Goods chain has just made a splash in the D. C. office market. Two LLCs registered to Modell's corporate...

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Long-Planned 2M SF Herndon Project Still Waiting For Commercial Demand As Residential Moves Forward
News 1 week ago
Long-Planned 2M SF Herndon Project Still Waiting For Commercial Demand As Residential Moves Forward

A Herndon site that was approved for over 2M SF of development in 2005 is finally moving forward with residential components as the landowner...

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Northeast Corridor Reception at the ULI Fall Meeting
Blog 1 week ago
Northeast Corridor Reception at the ULI Fall Meeting

Please join your fellow Fall Meeting attendees from the ULI Northeast Corridor (Boston, Westchester/Fairfield, New York, Northern New Jersey,...

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Urban Taxi Contagion
News 1 week ago
Urban Taxi Contagion

I got caught in the inevitable traffic congestion coming back into the city from the airport in morning rush hour last week. I say inevitable...

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Savills makes push into retail brokerage in D.C. area and beyond
News 1 week ago
Savills makes push into retail brokerage in D.C. area and beyond

Real estate brokerage firm Savills LLC has scooped up a well-known retail guru in D. C. with an eye toward planting a retail brokerage flag here....

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Elm Street Development pitches new townhomes as part of broader effort to revitalize Westfields in Fairfax County
News 1 week ago
Elm Street Development pitches new townhomes as part of broader effort to revitalize Westfields in Fairfax County

McLean-based Elm Street Development is pitching a new townhome project near Chantilly, building on Fairfax County's recent decision to rezone (and...

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Northeast Corridor Reception  at the ULI Fall Meeting
Blog 1 week ago
Northeast Corridor Reception at the ULI Fall Meeting

Wednesday, September 18, 2019 7:30 pm – 9:30 pm Baby Wale, 1124 9th ST NW, Washington, DC 20001 Please join your fellow Fall Meeting attendees from...

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Here’s what 1,000 new units by the White Flint Metro might look like
News 1 week ago
Here’s what 1,000 new units by the White Flint Metro might look like

Grand Park Development has earned preliminary approval for its $400 million, 1,000-unit mixed-use project slated for a site just south of Pike &...

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Grand Park near Pike & Rose earns preliminary approval
News 1 week ago
Grand Park near Pike & Rose earns preliminary approval

Grand Park Development has earned preliminary approval for its $400 million, 1,000-unit mixed-use project slated for a site just south of Pike &...

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National Health Investors Enter Property JV with Discovery Senior Living in $128M Deal
News 1 week ago
National Health Investors Enter Property JV with Discovery Senior Living in $128M Deal

MURFREESBORO, TN-National Health Investors Inc. reports it has entered into a property joint venture valued at approximately $128.4 million with...

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New Silver Spring apartment community includes over 5,000 sf of amenity space
News 1 week ago
New Silver Spring apartment community includes over 5,000 sf of amenity space

A new 20-story, 338-unit luxury apartment community in Silver Spring Md., is about to welcome its first residents. Solaire 8250 Georgia Avenue...

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Federal Realty To Move HQ To New Pike & Rose Office Building
News 1 week ago
Federal Realty To Move HQ To New Pike & Rose Office Building

As Federal Realty seeks to attract tenants to its new spec office project in North Bethesda, the company aims to lead by example. The retail REIT...

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Mergers & Acqusitions Influx in D.C.
News 1 week ago
Mergers & Acqusitions Influx in D.C.

Multiple major mergers have occurred in the commercial real estate brokerage sector in recent years, and many in the industry think it is primed...

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DONOHOE COMPANIES & AFFILIATES PURCHASES 120,661 SF OF PRIME INDUSTRIAL SPACE FOR $17.75 MILLION
Video 1 week ago
DONOHOE COMPANIES & AFFILIATES PURCHASES 120,661 SF OF PRIME INDUSTRIAL SPACE FOR $17.75 MILLION

Springfield, VA - Transwestern Commercial Services today announces it has brokered the sale of two prime industrial buildings totaling 120,661...

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JLL Managing New Northern Virginia Soccer Stadium As Part Of Growing Sports Business
News 1 week ago
JLL Managing New Northern Virginia Soccer Stadium As Part Of Growing Sports Business

Every time the Washington Capitals score a goal at Capital One Arena, the buzzer that rings throughout the venue is sounded by an employee of real...

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Wine Bar Concept Expanding To D.C. With First Location Outside Of New York
News 1 week ago
Wine Bar Concept Expanding To D.C. With First Location Outside Of New York

A New York City wine bar company has chosen to expand to D.C. with a 14th Street location, and it has a nose for future growth. Vin Sur Vingt...

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While Harris-Teeter Supermarket is committed to center city markets, they haven't refigured their promotions to accommodate sustainable mobility
Blog 1 week ago
While Harris-Teeter Supermarket is committed to center city markets, they haven't refigured their promotions to accommodate sustainable mobility

Harris-Teeter Supermarket is a chain based in North Carolina, but over the past 15 years they've aggressively moved into the Mid-Atlantic market,...

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Shaner Hotels JV Breaks Ground on 108-Key PA Project
News 1 week ago
Shaner Hotels JV Breaks Ground on 108-Key PA Project

Shaner Silver Spring Hotel LLC is developing Fairfield by Marriott Mechanicsburg, a five-story, 108-key hotel in Mechanicsburg, Pa. The developers,...

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Queens Coffee Shop to Open Three Locations in DC Region
News 1 week ago
Queens Coffee Shop to Open Three Locations in DC Region

Queens, New York-based For Five Coffee Roasters signed deals with Washington, D. C.-based real estate investment trust Carr Properties to open two...

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15 Percent: The LEED Rent Premium in DC
Blog 1 week ago
15 Percent: The LEED Rent Premium in DC
Source Urban Turf

A new study by District, Measured reveals that LEED-certified multifamily buildings in DC carry a rent premium compared to their non-LEED...

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Bowie Grocery-Anchored Center Trades for $72M
News 1 week ago
Bowie Grocery-Anchored Center Trades for $72M

ROCKVILLE, MD-Federal Realty Investment Trust has sold a grocery-anchored retail center in Bowie, Md., for $72 million. New Market Properties, a...

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Washington Property Delivers 20-Story Multifamily Community in Metro D.C.
News 1 week ago
Washington Property Delivers 20-Story Multifamily Community in Metro D.C.

Solaire 8250 Georgia Avenue features 5,000 square feet of amenity space, including a rooftop swimming pool and pool deck; café with free Wi-Fi;...

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Wolff Opens New Revel Seniors Housing Communities in Washington, Idaho
News 1 week ago
Wolff Opens New Revel Seniors Housing Communities in Washington, Idaho

Situated along Boise River, Revel Eagle in Eagle, Idaho, features 146 units in a mix of studio, one- and two-bedroom layouts. SPOKANE VALLEY, WASH....

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Hughes Hubbard & Reed Picks Up 2 Latin America Attorneys
News 1 week ago
Hughes Hubbard & Reed Picks Up 2 Latin America Attorneys

Hughes Hubbard & Reed has expanded its Latin America practice with the addition of Diego Durán de la Vega as partner and James Alford as counsel....

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Contractor, Community Team Up To Transform Youth Football Fields
News 1 week ago
Contractor, Community Team Up To Transform Youth Football Fields

Maintained by the Washington D. C. Housing Authority, Benning Terrace is a multi-family townhouse and apartment community that includes a...

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New owner comes into play at one of the city's busiest corners
News 1 week ago
New owner comes into play at one of the city's busiest corners

After buying a host of modest-sized properties in downtown, the Strip District and in East Liberty, Ahron Freilich has made what may be his highest...

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CBRE Promotes Cordero to Lead Capital Markets Team for Americas
News 1 week ago
CBRE Promotes Cordero to Lead Capital Markets Team for Americas

CBRE promoted retail industry expert Melina Cordero to be the new managing director of retail capital markets for the Americas. Based in Washington...

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Can Tenants Going South Be Turned Around?
Blog 2 weeks ago
Can Tenants Going South Be Turned Around?

Restaurant Closed Can Tenants Going South Be Turned Around? – We signed as a new client last week, a very nice ownership group with a problem...

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Downtown DC Bucking National Retail Trends
News 2 weeks ago
Downtown DC Bucking National Retail Trends

WASHINGTON, DC-Talk about a turnaround, the retail sector in Washington DC has done an about face so far this year with much more retail...

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Owner Of Falls Church Apartment Property Lands $63M Refinancing Deal
News 2 weeks ago
Owner Of Falls Church Apartment Property Lands $63M Refinancing Deal

Garden apartment communities in the D. C. suburbs have been trading at a rapid pace this year, but one Falls Church apartment owner decided to...

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National News

American consumers step up retail spending
News 3 days ago
American consumers step up retail spending

Americans stepped up their retail spending last month, a sign that recent worries about cautious consumers dragging on growth may have been...

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Discount Retailers Will Open More Than Half Of All New Stores Nationwide This Year
News 3 days ago
Discount Retailers Will Open More Than Half Of All New Stores Nationwide This Year

Nearly 2,780 stores are slated to open nationwide in 2019, and roughly 1,800 of them, more than half, will be part of discount chains. Leading the...

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Strong U.S. retail sales improve economy's fortunes
News 3 days ago
Strong U.S. retail sales improve economy's fortunes

WASHINGTON (Reuters) - U. S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer...

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Merkel to face angry tenants as Germany debates rent caps
News 3 days ago
Merkel to face angry tenants as Germany debates rent caps

German Chancellor Angela Merkel is facing tenants angry over rising rents in a country where home ownership is traditionally low. Merkel is...

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Executives' CRE optimism reaches record high
News 3 days ago
Executives' CRE optimism reaches record high
Source RE Journals

Executives and investors are still optimistic about the commercial real estate market and the U. S. economy, even as they prepare for an expected...

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Table of Experts: Senior Living
News 3 days ago
Table of Experts: Senior Living

Kiel Peregrin is senior vice president, long-term care, at Bethesda Health Group, and is responsible for managing the organization's post-acute...

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US Retail Sales Rose 0.5% in May, Led by Online Shopping
News 3 days ago
US Retail Sales Rose 0.5% in May, Led by Online Shopping

WASHINGTON - Americans stepped up their retail spending last month, a sign that recent worries about cautious consumers dragging on growth may have...

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BlackRock Adds a Responsible Contractor Policy to its Real Assets Governance
News 3 days ago
BlackRock Adds a Responsible Contractor Policy to its Real Assets Governance

BlackRock has been promoting equitable policies for its investment criteria for several years, such as when CEO Lawrence Fink told CEOs in 2018...

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South African Filings for EB-5 Investment Visa Surge
News 3 days ago
South African Filings for EB-5 Investment Visa Surge

WASHINGTON, DC-EB5 Capital, a company which raises capital from foreign investors under the EB-5 Immigrant Investor Program, has raised over $680...

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Ackerman: Executives' CRE optimism reaches record high
News 3 days ago
Ackerman: Executives' CRE optimism reaches record high
Source RE Journal

Executives and investors are still optimistic about the commercial real estate market and the U. S. economy, even as they prepare for an expected...

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NELTA is your premier resource for education, information and networking in 2019 - by Cathy Jones
News 3 days ago
NELTA is your premier resource for education, information and networking in 2019 - by Cathy Jones

New England Land Title Association (NELTA) is one of the title industry's premier resources for education, information and networking. Organized in...

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GlobeSt.com Honors This Year’s CRE Women Allies
News 3 days ago
GlobeSt.com Honors This Year’s CRE Women Allies

In preparation for our Women of Influence special feature and retreat, Real Estate Forum and GlobeSt.com together is putting a spotlight on the...

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Leveraging Research in Make or Break Decisions
News 3 days ago
Leveraging Research in Make or Break Decisions

HOUSTON-Increasingly, real estate decisions are going beyond basic research information to filter and interpret data so it is insightful and more...

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Renters looking to leave New York, Chicago for Dallas, report says
News 3 days ago
Renters looking to leave New York, Chicago for Dallas, report says

New York, San Antonio and Chicago topped the list of places people are leaving to relocate to Dallas. Here's why....

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A glance at US mortgage rates: little changed; 30-year 3.82%
News 3 days ago
A glance at US mortgage rates: little changed; 30-year 3.82%

Long-term U. S. mortgage rates were little changed this week, after six straight weeks of declines putting them at historically low levels....

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Duluth Trading will add Mall of America store, replacing Rihanna's Savage X Fenty pop-up
News 3 days ago
Duluth Trading will add Mall of America store, replacing Rihanna's Savage X Fenty pop-up

Duluth Trading Co. announced today that it will open a store at the Mall of America this fall. Executives at the apparel retailer, which despite...

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Mertz does double duty as logistics start-up leases, sells industrial space
News 3 days ago
Mertz does double duty as logistics start-up leases, sells industrial space

The property is part of a Prologis logistics center NAI Mertz president Scott Mertz completed the lease of a 356,831 s/f industrial facility to...

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Duluth Trading posts wider net loss, but analysts and investors unfazed
News 3 days ago
Duluth Trading posts wider net loss, but analysts and investors unfazed

Duluth Holdings Inc., the holding company for Wisconsin-based retail chain Duluth Trading Company, reported a wider net loss for the fiscal first...

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Director, Business Development

In this critical role, the qualified candidate will work to improve Planned Companies’ market position and drive financial growth. S/he will build...

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