June 5, 2018
First Washington Realty, a Bethesda, MD-based real estate investor that targets neighborhood and community shopping centers, expanded its local holdings with the purchase late last month of the Maple Avenue Shopping Center in Vienna, VA, for $63.6 mill…
Read MoreJune 5, 2018
First Washington Realty, a Bethesda, MD-based real estate investor that targets neighborhood and community shopping centers, expanded its local holdings with the purchase late last month of the Maple Avenue Shopping Center in Vienna, VA, for $63.6 mill…
Read MoreJune 4, 2018
Herndon, VA’s Golden Eagle Development Group has closed on 50 Tech Pky. in Stafford, VA, paying $10 million, or roughly $106 per square foot, to Wells Fargo for the property. 50 Tech Pky. was constructed in 2006 as part of the North Stafford Center …
Read MoreJune 4, 2018
Herndon, VA’s Golden Eagle Development Group has closed on 50 Tech Pky. in Stafford, VA, paying $10 million, or roughly $106 per square foot, to Wells Fargo for the property. 50 Tech Pky. was constructed in 2006 as part of the North Stafford Center …
Read MoreMay 29, 2018
Ashkenazy Acquisition has closed on $430 million in borrowings to refinance the landmark Union Station complex, a major Washington, DC retail and transportation hub. Citigroup Real Estate Funding and Natixis Real Estate Capital have provided $330 mi…
Read MoreMay 28, 2018
The U.S. Customs & Border Protection Agency has finalized a deal for 445,000 square feet at American Square at Quantum Park in Ashburn, VA, where the agency will locate its office of technology headquarters. The federal law enforcement agency entere…
Read MoreMay 28, 2018
The U.S. Customs & Border Protection Agency has finalized a deal for 445,000 square feet at American Square at Quantum Park in Ashburn, VA, where the agency will locate its office of technology headquarters. The federal law enforcement agency entere…
Read MoreMay 24, 2018
It’s the age-old developer’s trade-off. In a market saturated with new apartments, building owners have a decision to make. You can either tolerate higher vacancy rates and hope they don’t last too long. Or, you can offer a month or two of free ren…
Read MoreMay 23, 2018
Madison Marquette and PMRG are in definite talks to merge their firms. Madison Marquette provided this statement to CoStar News: “Madison Marquette, one of the nation’s leading privately held commercial real estate investment and operating companies…
Read MoreMay 22, 2018
Pictured: Rendering of the South Capitol Shopping Center redevelopment currently underway in Congress Heights. The project will bring 150 new apartments to Southwest D.C. in 2020.With Washington, D.C.’s building height restrictions and high cost of liv…
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