News

May 16, 2018

DivcoWest Lines Up CalSTRS Pension Fund to Back $300 Million Core Investment Venture

Lakewood Center I, a current DivcoWest holding in Austin DivcoWest Real Estate Services, the San Francisco-based real estate investment firm headed by Stuart Shiff, has once again teamed up with the California State Teachers’ Retirement System (CalS…

Read More


May 14, 2018

GSA Misses Target for Reducing ‘Improper’ Payments to Landlords Last Year

GSA headquarters in Washington, DC. Credit: GSA For the second consecutive year, the U.S. General Service Administration, which oversees much of the federal government’s leasing of office and industrial space, was not in compliance with federal laws…

Read More


May 14, 2018

Second Largest Apt. Deal of 2018 Closes in Old Town Alexandria

Lincoln Property Co. and American Realty Advisors closed on the second largest apartment deal in the Washington, D.C. market this year with the purchase of the Meridian at Carlyle for $148 million, or nearly $356,000 per unit. In late March, Dallas-…

Read More


May 10, 2018

Corporate Housing Shop on the Hunt for Apartments

Reside Worldwide, one of the big managers of corporate housing in the U.S., is set to become a big owner of rental properties.

Read More


May 9, 2018

The Transit Factor in Amazon’s HQ2 Selection Reflects Transportation’s Growing Economic Development Clout

Pictured: 101 Main St. in Cambridge, MA, a 341,000-square-foot office property occupied by Amazon.In cities across America, weary locals have long complained that strained transportation networks were failing to keep pace with the rush of new developme…

Read More


May 8, 2018

BlackRock Pulls Trigger on The Flats at Bethesda Avenue

A fund managed by New York City-based BlackRock has finalized a deal to acquire StonebridgeCarras’ The Flats at Bethesda Avenue, a luxury residential and retail complex located in downtown Bethesda, MD, in an estimated $143.5 million deal. Stonebri…

Read More


May 8, 2018

Orano USA Joining Tenant Roster at JBG’s Trophy Office Development in Bethesda

Orano USA is moving its regional headquarters to downtown Bethesda, MD after reaching a deal for 21,748 square feet in JBG Smith’s trophy office development slated to deliver next year at 4747 Bethesda Ave. Formerly known as Areva Nuclear Materials…

Read More


May 8, 2018

Orano USA Joining Tenant Roster at JBG’s Trophy Office Development in Bethesda

Orano USA is moving its regional headquarters to downtown Bethesda, MD after reaching a deal for 21,748 square feet in JBG Smith’s trophy office development slated to deliver next year at 4747 Bethesda Ave. Formerly known as Areva Nuclear Materials…

Read More


May 6, 2018

MacArthur Retail & Professional Center Sells for $14.9 Million

The MacArthur Retail & Professional Center at 5185 MacArthur Blvd. NW in Washington, D.C. has sold for $14.925 million, or about $328 per square foot. Chestnut Holdings, a family-owned real estate investment and property management firm out of new Y…

Read More


May 4, 2018

Grubb Properties Buys Fair Lakes Office for First D.C.-Area Investment

A Southeast real estate investor has acquired the headquarters of Boeing Co. subsidiary Argon ST for its first investment in the Washington, D.C. metropolitan area. Grubb Properties, of Charlotte, NC, paid $38.8 million to special servicer C-III As…

Read More