July 13, 2018
Matt Brody has joined the Washington, D.C. office of global real estate services firm Savills Studley, where he will focus on debt and equity solutions. Brody will collaborate with fellow senior managing director Lindsay Stroud to identify debt and…
Read MoreJuly 11, 2018
FP1 Strategies, LLC is leaving Washington, D.C., for Northern Virginia after the political consulting and media relations company agreed to a 29,849-square-foot lease at 3001 Washington Blvd. in Arlington, VA. FP1 will relocate from 1826 Jefferson P…
Read MoreJuly 10, 2018
Continental Realty Corp. (CRC) has sold the 236-unit Chase Heritage community in Sterling, VA, to Chandler Residential for $48.4 million, or approximately $205,000 per unit. The Baltimore-based commercial real estate investment and management compan…
Read MoreJuly 10, 2018
WeWork’s office building at 2221 S. Clark St. in Arlington, VA Developer Robert Smith envisioned a crystal city in the heart of the D.C. metro. Well, maybe not crystal, but decades ago, Smith committed time and capital to a desolate area of Northern…
Read MoreJuly 10, 2018
A joint venture led by PRP has completed its acquisition of Sequoia Plaza I, II & III in Arlington, VA, paying $152 million, or nearly $413 per square foot, for the three-building portfolio. PRP, a Washington, D.C.-based real estate investment mana…
Read MoreJuly 10, 2018
The 602,350-square-foot office building leased to Federal Communications Commission in Washington, D.C. Over three-quarters of the District’s commercial real estate tenants come from just four industries: government, law firms, personal services and…
Read MoreJuly 10, 2018
The 602,350-square-foot office building leased to Federal Communications Commission in Washington, D.C. Over three-quarters of the District’s commercial real estate tenants come from just four industries: government, law firms, personal services and…
Read MoreJuly 9, 2018
Roughly one year after acquiring Bozzuto’s Chatsworth Park community in Manassas, VA, for $115 million, New York City’s Pantzer Properties has dipped into the Washington, D.C., market once again, this time to acquire a 468-unit community along the I-27…
Read MoreJuly 6, 2018
Skanska, a construction and development company founded in Sweden, has acquired a high-density multifamily development site within the eight million-square-foot Scotts Run mixed-use development in Tysons, VA. The parcel, which is located across from…
Read MoreJuly 3, 2018
U.S. housing construction remains low, and still trails population growth, said John Affleck, CoStar’s director of analytics. “Ongoing deliveries of highly-amenitized, high-rent product will limit rent growth at the high end of the market, but older an…
Read More