Local News

The Future of Multifamily in Chicago
Blog 6 days ago
The Future of Multifamily in Chicago
Source redIQ

A new generation of Chicago politicians promises to permanently change the way real estate professionals operate in the city.

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Most Complex Execution of an Opportunity Zone Project
News 1 week ago
Most Complex Execution of an Opportunity Zone Project

CAPITAL HEIGHTS, MD - Numerous Opportunity Zone projects from across the country were submitted for GlobeSt.com's 2019 ADAPT awards. This year, we...

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Strategic Realty Acquires Suburban DC Apartments for $46M
News 1 week ago
Strategic Realty Acquires Suburban DC Apartments for $46M

Strategic Realty Holdings has acquired Ashton Heights, a 283-unit multifamily high-rise in Suitland, Md., from Orlo for $45.8 million, according to...

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Ashley Capital buys 798,786 s/f dist. center on I-295/I-95 Corridor in VA
News 1 week ago
Ashley Capital buys 798,786 s/f dist. center on I-295/I-95 Corridor in VA

RICHMOND, VA - Cushman & Wakefield | Thalhimer is pleased to announce the sale of 7000 Hardware Dr. in Prince George County, Virginia and located...

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The Reach at Kennedy Center surpasses $250M fundraising goal
News 1 week ago
The Reach at Kennedy Center surpasses $250M fundraising goal

The John F. Kennedy Center for the Performing Arts made its fundraising goal for the Reach, its three-pavilion expansion, with two days to spare...

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Cardiology-9100, Nights, Sign on Bonus Eligi at BJC HealthCare
News 1 week ago
Cardiology-9100, Nights, Sign on Bonus Eligi at BJC HealthCare

Assistant Nurse Manager - Cardiology-9100, Nights, Sign on Bonus Eligi at BJC HealthCare - Job ID: Employment Status: Full-Time Your Career. Made...

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SALE OF VALUE-ADD INVESTMENT PROPERTY CONFIRMS STRONG PRINCE GEORGE’S COUNTY MARKET
Video 1 week ago
SALE OF VALUE-ADD INVESTMENT PROPERTY CONFIRMS STRONG PRINCE GEORGE’S COUNTY MARKET

WASHINGTON, D. C. - Transwestern Commercial Services (TCS) today announces its Mid-Atlantic Multifamily Group has brokered the sale of Ashton...

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Today's Rental was chosen because it's right next to the Zoo
Blog 1 week ago
Today's Rental was chosen because it's right next to the Zoo

This rental is located at 2929 Connecticut Avenue, NW. The Craigslist ad says: “$1946 / 1br – 800ft2 – Affordable yet Comfortable community in a...

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D.C. Office Developers Look To Lease Lower Floors As Many New Buildings Remain Half-Filled
News 1 week ago
D.C. Office Developers Look To Lease Lower Floors As Many New Buildings Remain Half-Filled

D. C. Office Developers Look To Lease Lower Floors As Many New Buildings Remain Half-Filled A series of new office buildings across D.C. have...

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With Bellevue Booming, Sunset North Sells For $227M
News 1 week ago
With Bellevue Booming, Sunset North Sells For $227M

Kennedy Wilson and Security Benefit recently acquired the Sunset North office complex in Bellevue for $227M. The acquisition is the first for this...

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The Kennedy Center expands for the first time since its 1971 debut
News 1 week ago
The Kennedy Center expands for the first time since its 1971 debut

The REACH, with three pavilions on a generous lawn, adds openness and light to this performance space. An aerial view of The REACH (left, in front...

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Developers Propose 300-Unit, Grocery-Anchored Project On Georgia Avenue
News 1 week ago
Developers Propose 300-Unit, Grocery-Anchored Project On Georgia Avenue

A development team is pursuing a new grocery-anchored mixed-use project on Georgia Avenue, dependent on gaining control of a former firehouse the...

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Forget Hygge. This New NoMa Luxury Apartment Building Is All About the Swedish Concept of
Blog 1 week ago
Forget Hygge. This New NoMa Luxury Apartment Building Is All About the Swedish Concept of "Lagom."

Pet spas and beer tastings and heated rooftop pools are so ubiquitous within DC's luxury apartment buildings that they're almost, well, boring....

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Public meeting on urban agriculture in DC: Wednesday September 11th
Blog 1 week ago
Public meeting on urban agriculture in DC: Wednesday September 11th

From email:On Wednesday, Sept 11th the District’s Department of Energy & Environment (DOEE) will be hosting a listening session on urban...

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MC Real Estate Acquires 327K-SF Office Property in Metro DC
News 1 week ago
MC Real Estate Acquires 327K-SF Office Property in Metro DC

MC Real Estate Partners LCC and an institutional partner have acquired Executive Plaza, a 327,000-square-foot office property in Rockville, MD. The...

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Saul Centers, Inc. Prices Offering of Depositary Shares and 6.000% Series E Cumulative Redeemable Preferred Stock
News 1 week ago
Saul Centers, Inc. Prices Offering of Depositary Shares and 6.000% Series E Cumulative Redeemable Preferred Stock

BETHESDA, Md., Sept. 10, 2019 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) (the "Company") today announced that it priced 4.0 million depositary...

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Amazon leases large warehouse space from S.F.'s largest industrial landlord
News 1 week ago
Amazon leases large warehouse space from S.F.'s largest industrial landlord

Amazon has leased the remaining space in a unique, three-story warehouse building in South Seattle. Amazon and San Francisco-based Prologis - the...

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The Maturing of Reston Town Center: Why Has It Been Successful?
News 1 week ago
The Maturing of Reston Town Center: Why Has It Been Successful?
Source Urbanland

This article appeared in the Fall issue of Urban Land on page 168. How did Reston Town Center, set some 20 miles (32 km) from the nation's capital...

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The Nicholson Project, An Artist Residency And Neighborhood Garden, Comes To Ward 7
Blog 1 week ago
The Nicholson Project, An Artist Residency And Neighborhood Garden, Comes To Ward 7
Source Dcist

On the outside, it looks like any other single-family rowhouse in the District. But 2310 Nicholson Street SE will soon be opening up as a project...

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The Pacific Northwest Leader in Runway Fashion, The Bellevue Collection, Sets the Stage for Fall Apparel
News 1 week ago
The Pacific Northwest Leader in Runway Fashion, The Bellevue Collection, Sets the Stage for Fall Apparel

BELLEVUE, Wash., Sept. 10, 2019 /PRNewswire/ -- The coveted Fashion Week at The Bellevue Collection will once again unite Western Washington's most...

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Justice caused, and will help fill, a void in this D.C. office building
News 1 week ago
Justice caused, and will help fill, a void in this D.C. office building

The Justice Department is getting back together with a D. C. office building it broke up with earlier this year, much to the relief of its New York...

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An 'innovation campus' in Fairfax County? Victor Hoskins wants to make it happen.
News 1 week ago
An 'innovation campus' in Fairfax County? Victor Hoskins wants to make it happen.

As one of the lead negotiators involved in bringing Amazon.com Inc. (NASDAQ: AMZN) to Arlington County, Victor Hoskins also helped Alexandria land...

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These Navy Yard Apartments Look Directly Into Nats Park (Plus There’s a HipCityVeg Downstairs)
Blog 1 week ago
These Navy Yard Apartments Look Directly Into Nats Park (Plus There’s a HipCityVeg Downstairs)

JBG Smith's 465-unit, mixed-use development across from Nationals Park is just about done. West Half includes studios up to three-bedrooms. About...

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Apartment Industry & Its Residents Contribute $3.4 Trillion to the National Economy
News 1 week ago
Apartment Industry & Its Residents Contribute $3.4 Trillion to the National Economy

WASHINGTON, D. C. - A new Hoyt Advisory Study commissioned by the National Apartment Association (NAA) and National Multifamily Housing Council ...

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The Over 5,000 Units Headed to National Landing
Blog 1 week ago
The Over 5,000 Units Headed to National Landing
Source Urban Turf

Although a new Amazon campus is ostensibly jump-starting development in the "National Landing" area of northern Virginia, encompassing parts...

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Mark Schriber | Lima One Capital
News 1 week ago
Mark Schriber | Lima One Capital

Mark Schriber has joined as a business development representative. Schriber will serve the metro Washington area. He has more than 20 years of...

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Marcus & Millichap Brokers Sale of 126,710 SF Self-Storage Facility in Spokane Valley, Washington
News 1 week ago
Marcus & Millichap Brokers Sale of 126,710 SF Self-Storage Facility in Spokane Valley, Washington

SPOKANE VALLEY, WASH. - Marcus & Millichap has arranged the sale of Sprague & Sullivan Storage, a self-storage facility located in Spokane Valley....

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Basebowl
Blog 1 week ago
Basebowl "full-service ramen and fresh noodle restaurant" and HipCityVeg also coming to Navy Yard near Nats Park

1201 Half Street, SE rendering courtesy JBG SMITH From a press release: “JBG SMITH Properties (NYSE: JBGS), a leading owner and developer of high...

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Today's Rental was chosen for the building/courtyard
Blog 1 week ago
Today's Rental was chosen for the building/courtyard

This rental is located at 2633 16th St NW near Fuller. The Craigslist ad says: “$1850 / 1br – 455ft2 – very nice Studio apartment with All...

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Thousands Of New Residential Units Set To Transform National Landing
News 1 week ago
Thousands Of New Residential Units Set To Transform National Landing

The National Landing residential boom is underway. Even before Amazon announced that it would make its second headquarters in Northern Virginia,...

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Apartment Building On D.C.-Maryland Border Sells For $46M
News 1 week ago
Apartment Building On D.C.-Maryland Border Sells For $46M

A 1970s-era apartment building on the Prince George's County side of the D. C.-Maryland border has just traded hands. Orlo sold the 283-unit Ashton...

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National News

Workforce Housing as a Defensive Play
News 39 min ago
Workforce Housing as a Defensive Play

DENVER-Like many in the commercial real estate industry, Scott Cote, executive vice president and co-head of Real Assets at Aegon Real Assets US is...

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Update on the Airbnb Community
News 1 hour ago
Update on the Airbnb Community

Airbnb's mission is to create a world where anyone can belong anywhere. From homes and boutique hotels, to castles and tree houses, we offer...

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Oakwood Opens Corporate Lodging in KC Area
News 4 hours ago
Oakwood Opens Corporate Lodging in KC Area
Source Connect Media

Oakwood, wholly-owned by Mapletree Investments, recently held the grand opening of its newest Oakwood WaterWalk property in the Kansas City suburb...

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Report: CRE Market Bounces Back in Q2 2019 After Q1 Slowdown
News 4 hours ago
Report: CRE Market Bounces Back in Q2 2019 After Q1 Slowdown
Source Connect Media

After the first quarter of 2019 saw minimal growth in the commercial real estate market nationwide, the second quarter saw regained traction,...

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Google to invest €3 billion in European data centers
News 20 hours ago
Google to invest €3 billion in European data centers
Source CRE HERALD

Google plans to invest an additional 3 billion euros in data centers across Europe over the next two years. Google to invest €3 billion in European...

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Competition for Talented Employees Requires Design of Excellent Office Environments
News 2 days ago
Competition for Talented Employees Requires Design of Excellent Office Environments

The business performance of the organizations that occupy the nation's office towers is increasingly supported by building design that creates...

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Tinder co-founder Sean Rad hasn’t found a match for his Hollywood Hills home, Rexford Industrial makes another big buy: Daily digest
News 2 days ago
Tinder co-founder Sean Rad hasn’t found a match for his Hollywood Hills home, Rexford Industrial makes another big buy: Daily digest

Every day, The Real Deal rounds up Los Angeles’ biggest real estate news. We update this page in real time, starting at 9 a.m. PT. Please send any...

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5 Must Reads for CRE Investors Today (September 20, 2019)
News 2 days ago
5 Must Reads for CRE Investors Today (September 20, 2019)

J. C. Penney Said to Prep for Debt Talks Ahead of Holiday Season "J.C. Penney Co. is preparing for talks with its creditors on possible...

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For Clothing Retailers, Breaking Up Is Now Harder to Do: Sarah Halzack
News 2 days ago
For Clothing Retailers, Breaking Up Is Now Harder to Do: Sarah Halzack
Source NREI - Retail

The plans to spin-off Old Navy and Madewell will be made riskier by the trade war. (Bloomberg Opinion)—Two big names in clothing retail are getting...

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CEO Maps Out Conservative Lending Approach for Planned $1.5 Billion Mortgage REIT
News 2 days ago
CEO Maps Out Conservative Lending Approach for Planned $1.5 Billion Mortgage REIT

Through a $1.2 billion deal, a Seattle company and a Honolulu company are combining to join the ranks of publicly-traded mortgage REITs. The...

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ULI, PwC Emerging Trends Report Forecasts Continued Strength in CRE in 2020
News 2 days ago
ULI, PwC Emerging Trends Report Forecasts Continued Strength in CRE in 2020

The commercial real estate market remains strong, despite talk of an approaching recession, according to an Emerging Trends in Real Estate 2020...

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Video 2 days ago
9-18-19 Haves and Wants 2.0- Multifamily for Sale

Check out our online marketing session, Haves and Wants 2.0- Multifamily for Sale where we show several available Multifamily properties throughout...

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Best Integration of a Building's Integrity
News 2 days ago
Best Integration of a Building's Integrity

LOS ANGELES - Within the overall transformation category of GlobeSt.com's 2019 ADAPT awards, we chose to award The Trust Building in Los Angeles...

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Investors Bullish on Senior Housing as Construction Slows
News 2 days ago
Investors Bullish on Senior Housing as Construction Slows

The outlook for the senior housing sector is bright, according to a new report by Marcus & Millichap, as an aging U. S. population, investor...

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Press Release 2 days ago
NAI OHIO RIVER CORRIDOR’S BRYCE CUSTER COMPLETES SALE OF LAWRENCE COUNTY INDUSTRIAL PROPERTY

NAI OHIO RIVER CORRIDOR’S BRYCE CUSTER COMPLETES SALE OF LAWRENCE COUNTY INDUSTRIAL PROPERTY Bryce Custer, SIOR, CCIM Principle of NAI Ohio River...

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News 2 days ago
Greybrook and Marlin Spring Announce Acquisition of a 324 Unit Multi-Family Portfolio in Montreal
Source West

TORONTO, Sept. 20, 2019 (GLOBE NEWSWIRE) -- Greybrook Realty Partners and Marlin Spring announced today the acquisition of a portfolio of rental...

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Press Release 2 days ago
LiquidSpace and Join partner to close the Flexible Office technology & productivity gap

LiquidSpace and Join will integrate the JoinTM Cloud for Smart Workplaces platform as core tenant technology infrastructure services for...

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Institute's focus is on land stewardship
News 3 days ago
Institute's focus is on land stewardship

ARDMORE - As Steve Rhines steps in front of a camera set up in a gleaming laboratory at Noble Research Institute, Noble scientists in the...

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The Risks for New Investors in Healthcare
News 3 days ago
The Risks for New Investors in Healthcare

LOS ANGELES-There's a lot to like about the healthcare sector right now. While other commercial sectors struggled during the recession, healthcare...

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Despite Economic Churn, Real Estate Still Appeals to Investors
News 3 days ago
Despite Economic Churn, Real Estate Still Appeals to Investors

WASHINGTON, DC-Real estate still appeals to investors even as economic uncertainty looms and changes in demographics, infrastructure, technology...

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ASM president's message: Workplace safety, opioid epidemic, OSHA topics, golf tournament and scholarship winners
News 3 days ago
ASM president's message: Workplace safety, opioid epidemic, OSHA topics, golf tournament and scholarship winners

September usually means back to school and back to work. But for construction, these days it seems there really never was a slowdown or a break...

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Most Thoughtful and Unique Project Design
News 3 days ago
Most Thoughtful and Unique Project Design

LOS ANGELES - At GlobeSt.com's ADAPT awards this year, we recognized the 712 S Olive & 410 W 7th project in Los Angeles as the winner for most...

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Faulconer says concerns by economists, business leaders prompted his veto of housing legislation
News 3 days ago
Faulconer says concerns by economists, business leaders prompted his veto of housing legislation

Mayor Kevin Faulconer said Thursday that concerns raised by economists and the building industry prompted his controversial veto this week of new...

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AG Moves to Dissolve Businesses Over Fraud Claims
News 3 days ago
AG Moves to Dissolve Businesses Over Fraud Claims

Delaware Attorney General Kathy Jennings said Thursday she has filed actions in the state Court of Chancery to dissolve 15 Delaware business...

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Pro-Business Group's Ad Targeting Chancellor Elicits Anger in Delaware
News 3 days ago
Pro-Business Group's Ad Targeting Chancellor Elicits Anger in Delaware

As the selection of Delaware's next chief justice approaches, a political action committee with ties to one of the most vexing business disputes in...

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Are REIT ETFs Running Out of Steam?
News 3 days ago
Are REIT ETFs Running Out of Steam?

Real estate investment trust (REIT) ETFs have been on quite a tear this year. But with the real estate boom growing long in the tooth and economic...

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Press Release 3 days ago
NAI OHIO RIVER CORRIDOR’S LAURIE STANBRO COMPLETES SALE OF COLUMBIANA COUNTY INDUSTRIAL PROPERTY

NAI OHIO RIVER CORRIDOR’S LAURIE STANBRO COMPLETES SALE OF COLUMBIANA COUNTY INDUSTRIAL PROPERTY Laurie Stanbro, VP of Brokerage Operations for...

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Emerging Trends in Real Estate ® 2020: Real Estate Remains a Favored Asset Class, Despite Economic Uncertainty and Forces of Change Necessitating Flexibility
News 3 days ago
Emerging Trends in Real Estate ® 2020: Real Estate Remains a Favored Asset Class, Despite Economic Uncertainty and Forces of Change Necessitating Flexibility

Real estate in the U. S. remains a favored asset class, even as economic uncertainty looms and forces of change related to the environment,...

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Economist Warns of Dire Consequences for Real Estate from Climate Change at ULI Resilience Summit
News 3 days ago
Economist Warns of Dire Consequences for Real Estate from Climate Change at ULI Resilience Summit

Climate change will have a drastic, disruptive effect on the commercial real estate sector over the next several decades as rising temperatures...

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Electricity Prices: Fall 2019 Outlook
News 3 days ago
Electricity Prices: Fall 2019 Outlook

Electricity costs for commercial operators are generally trending downward in the third quarter across the U. S. as demand for cooling space is...

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Local Events

Event 02/02/2020
2020 Winter Business Meeting & National Issues Conference

Open to all BOMA members, the Winter Business Meeting & National Issues Conference offers the chance to learn, network and participate in...

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Local Jobs

Job 3 years ago
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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