Local News

JLL announces $485M sale of 5 retail assets in Northern Virginia and Maryland
News 2 weeks ago
JLL announces $485M sale of 5 retail assets in Northern Virginia and Maryland

MIAMI, July 29, 2019 /PRNewswire/ -- JLL announces that it has closed the $485 million sale of a portfolio of five core, grocery-anchored retail...

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Square to move to St. Louis Post-Dispatch in what may be first steps for a new 'innovation district' north of Washington Avenue
News 2 weeks ago
Square to move to St. Louis Post-Dispatch in what may be first steps for a new 'innovation district' north of Washington Avenue

Documents filed with the state of Missouri suggest the area north of Washington Avenue could see more investment. Filled with "must read" stories,...

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Washington, DC Market Reports
Marketresearch 2 weeks ago
Washington, DC Market Reports

Office demand in the Washington metro area was positive during the second quarter, but down from the previous quarter. The second quarter saw 592...

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George Washington University, Boston Properties ink deal for Foggy Bottom site
News 2 weeks ago
George Washington University, Boston Properties ink deal for Foggy Bottom site

George Washington University has executed a deal to lease a Foggy Bottom development site to an affiliate of Boston Properties (NYSE: BXP) for the...

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First Washington Pays $485M for Grocery-Anchored Retail Portfolio
News 2 weeks ago
First Washington Pays $485M for Grocery-Anchored Retail Portfolio

First Washington Realty has acquired a 797,984-square-foot portfolio of five core, grocery-anchored retail properties, located in northern Virginia...

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Two Reston firms launch initiative aimed at making cities smarter
News 2 weeks ago
Two Reston firms launch initiative aimed at making cities smarter

A pair of Northern Virginia tech accelerators are teaming up to lead a regional partnership focused on making cities smarter, with $800,000 in...

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DC Council Chair Applies for Short-Term Rental Zoning Amendment
Blog 2 weeks ago
DC Council Chair Applies for Short-Term Rental Zoning Amendment
Source Urban Turf

Eight months ago, the DC Council passed a bill regulating short-term rentals around the city. Now, two months before the bill is scheduled for...

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News 2 weeks ago
In Brief: Washington, D.C., Named Best U.S. City Park System for 2019
Source Urbanland

Washington, D. C., has the best city park system in the United States, according to the Trust for Public Land's eighth annual ParkScore index,...

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A National Branding Company Sets Its Sights On LA's Growing Real Estate Market
News 2 weeks ago
A National Branding Company Sets Its Sights On LA's Growing Real Estate Market

Competition in the real estate industry is fiercer than ever. Whether developing a high-rise office tower, luxury apartment building or large-scale...

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Blog 2 weeks ago
"After 38 years The Brass Knob will close on November 1, 2019."

2311 18th Street, NW OH NO!! Thanks to Amanda for passing on from the Brass Knob: “Beginning August 3, 2019 All Items 20% Off Selected Items 30% to...

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How One Construction Firm Is Thinking Outside The Box To Help Developers Cut Costs
News 2 weeks ago
How One Construction Firm Is Thinking Outside The Box To Help Developers Cut Costs

A developer recently approached Ellisdale Construction President Kevin Ash with a problem. The firm wanted to construct a wood-frame building with...

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Scott Melnick Launches New Firm, Quickly Reaches $500M In Deals
News 2 weeks ago
Scott Melnick Launches New Firm, Quickly Reaches $500M In Deals

A 35-year D. C. commercial real estate veteran has started a new brokerage shop and already quietly closed hundreds of millions in deals. Scott...

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WashREIT spent more than a half-billion dollars on apartments in three months
News 2 weeks ago
WashREIT spent more than a half-billion dollars on apartments in three months

Washington Real Estate Investment Trust (NYSE: WRE) has acquired Cascade at Landmark, a 277-unit "high-risk Class B" apartment complex in...

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Washington REIT Sells $485M Retail Portfolio
News 2 weeks ago
Washington REIT Sells $485M Retail Portfolio

First Washington Realty Inc. has expanded its footprint in metropolitan Washington, D. C., by 800,000 square feet in one fell swoop. The real...

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Hamilton Zanze Acquires The Reserve at Ballenger Creek Apartments in Fredrick, Maryland
News 2 weeks ago
Hamilton Zanze Acquires The Reserve at Ballenger Creek Apartments in Fredrick, Maryland

WASHINGTON, DC - San Francisco-based real estate investment firm Hamilton Zanze (HZ) has acquired The Reserve at Ballenger Creek Apartments in...

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A REIT's New Amenity: A CSA Program From a Rooftop Farm
News 2 weeks ago
A REIT's New Amenity: A CSA Program From a Rooftop Farm

BETHESDA, MD-Federal Realty Investment Trust has unveiled renderings of its new headquarters at 909 Rose, an office building located in its Pike &...

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MRP Breaks Ground On Northeast D.C. Project, Lines Up Financing For Another
News 2 weeks ago
MRP Breaks Ground On Northeast D.C. Project, Lines Up Financing For Another

MRP Realty is making major progress on its Northeast D.C. development pipeline this month, celebrating the groundbreaking of one project and...

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Trump Island mansion burns down, Boeing's rough Q2 and T-Mobile's merger is approved
News 3 weeks ago
Trump Island mansion burns down, Boeing's rough Q2 and T-Mobile's merger is approved

Hello again, and thank you for joining us for this edition of the Business Journal Untucked. We covered all kinds of Seattle-area business news...

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U.S. sanctions squeezing Iranians
News 3 weeks ago
U.S. sanctions squeezing Iranians

Newly married couple, Mohammad Davoodi, 28, and Mahsa Asadzadeh, 20, shop recently in Tehran. Rising costs in the sanctions-stricken country are...

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Residents of Barry Farms Push for Historic Site Designation
News 3 weeks ago
Residents of Barry Farms Push for Historic Site Designation

The Barry Farms neighborhood of Southeast D.C. has a long history, especially in the African American community. Now, residents are pushing to get...

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Which presidential candidates raised most from Washingtonians in 2019?
News 3 weeks ago
Which presidential candidates raised most from Washingtonians in 2019?

Washington state residents have contributed at least $4 million to presidential campaigns so far this year, according to Federal Elections...

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Mitchell Schear Joins Camber Creek as New Executive Partner
News 3 weeks ago
Mitchell Schear Joins Camber Creek as New Executive Partner

Proptech venture capital firm Camber Creek has added Mitchell Schear as an executive partner to the company's leadership team. The former president...

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Amazon has the region riding high. Officials now have a new challenge to confront: complacency.
News 3 weeks ago
Amazon has the region riding high. Officials now have a new challenge to confront: complacency.

From left: Alexandria Economic Development Partnership President Stephanie Landrum, Gov. Terry McAuliffe's Secretary of Commerce and Trade Todd...

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Columbia's Gateway Overlook shopping center sold in $485 million portfolio sale
News 3 weeks ago
Columbia's Gateway Overlook shopping center sold in $485 million portfolio sale

A Bethesda real estate investment firm has acquired the Gateway Overlook shopping center in Columbia as part of a purchase of five shopping centers...

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Premier Workspaces Inks 17K SF Lease in DC’s Golden Triangle
News 3 weeks ago
Premier Workspaces Inks 17K SF Lease in DC’s Golden Triangle

Premier Workspaces has signed a 17,178-square-foot lease for the entire fifth floor at 2001 L Street NW in Washington, D. C.'s Golden Triangle...

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Pendry Hotels releases details on hotel in Washington D.C.
News 3 weeks ago
Pendry Hotels releases details on hotel in Washington D.C.

Pendry Hotels & Resorts, which made its East Coast debut in Baltimore in 2017, is now sharing more about its first D. C. hotel. The boutique hotel...

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Hotel Indigo Coachella Developers Looking to EB-5 for Construction Debt
News 3 weeks ago
Hotel Indigo Coachella Developers Looking to EB-5 for Construction Debt

Glenroy Coachella LLC, the development partnership that is constructing the Hotel Indigo Coachella resort near the site of the Coachella Valley...

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Blog 3 weeks ago
"Shop Made in DC coming to Georgetown"

1242 Wisconsin Avenue, NW From a press release: “What: Shop Made in DC, the first brick and mortar store stocked exclusively with DC brands, will...

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Today's Rental was chosen for folks looking for a 2 bed/2 bath
Blog 3 weeks ago
Today's Rental was chosen for folks looking for a 2 bed/2 bath

This rental is located at 3408 Sherman Ave, NW. The Craigslist ad says: “$2550 / 2br – 1000ft2 – Columbia Hgts 2BR 2BA w/Parking Beautiful Columbia...

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Amazon Web Services Grows Herndon Presence With 270K SF Lease
News 3 weeks ago
Amazon Web Services Grows Herndon Presence With 270K SF Lease

Amazon's rapid expansion in Northern Virginia appears to be creating a windfall for another property owner. The tech giant's cloud computing arm,...

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National News

U.S. retailers in tariff jumble
News 7 hours ago
U.S. retailers in tariff jumble

A woman shops at Neiman Marcus during the opening night of The Shops & Restaurants at Hudson Yards in New York in March. NEW YORK -- Lance...

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Buyers Jump on Low Rates, Putting Strain on Supply
News 1 day ago
Buyers Jump on Low Rates, Putting Strain on Supply

Boosted by historically low mortgage rates, buyer demand is picking up, and inventory is tightening, according to data from realtor.com® released...

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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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