September 6, 2018
The Barton at Woodley apartment complex in Washington, D.C. Rebounding job growth and consistent population growth has given way to record levels of absorption and supply. Occupancies remain above the 10-year average, contributing to healthy rent ga…
Read MoreSeptember 5, 2018
LaSalle Hotel Properties owns the Park Central Hotel at 870 Seventh Ave. in New York. Real estate investment trust LaSalle Hotel Properties said a purchase offer from Pebblebrook Hotel Trust is a “superior proposal” to a rival bid from Blackstone Gr…
Read MoreSeptember 5, 2018
Rendering of the office tower preleased to Fannie Mae in Reston, Virginia. Although 2018 has been slow in terms of absorption compared with the past few years, one thing remains the same: Much of the future demand for office space is coming from th…
Read MoreSeptember 5, 2018
Foulger-Pratt has added two new office tenants to the fold at Park Potomac, the company’s 585,000-square-foot mixed-use development in Potomac, Maryland, that, at full completion, will total more than 2 million square feet. Local residential brokera…
Read MoreSeptember 4, 2018
A transit-oriented apartment and retail complex completed in 2015 in the northwest Washington, D.C., neighborhood of Takoma has changed hands in a $50.6 million deal. Artemis Real Estate Partners and Jair Lynch Real Estate Partners struck a deal wi…
Read MoreSeptember 4, 2018
The Lotus Riverfront at 450 Broad St. in Newark, New Jersey, is one of the sites offered as a possible home for Amazon’s HQ2. After Amazon gave his county a painful snub in January, David Iannucci is stuck exactly where 19 communities may find themsel…
Read MoreAugust 30, 2018
Micron’s 576,000-square-foot plant located 40 miles outside Washington, D.C., in Manassas, Virginia. Micron Technology pledged to make one of the largest manufacturing investments in the history of Virginia with a $3 billion capital investment to ex…
Read MoreAugust 30, 2018
For two weeks, the sale of the Ballston Place apartment complex in Arlington, Virginia, stood as the largest multifamily transaction in the Washington, D.C., market in 2018. Its short-lived reign just ended. Harbor Group International, a real estate…
Read MoreAugust 29, 2018
A New York-based real estate developer has acquired a 486-unit apartment complex in Lanham, Maryland, for nearly $84 million, citing the area’s promising market fundamentals aided by major employment drivers the University of Maryland and downtown Wash…
Read MoreAugust 28, 2018
The J. Edgar Hoover Building in Washington, D.C. The Trump Administration may have misled Congress about the full cost of rebuilding and potentially relocating the FBI headquarters that’s now located near the Trump International Hotel in Washington,…
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