News

May 21, 2018

Meritage Partners with Japanese Investor in $54 Million Purchase of East End Office Bldg.

Meritage Properties, a boutique commercial real estate owner/operator out of New Jersey that targets investment opportunities in the Northeast and Mid-Atlantic, has struck a deal with UBS Global Asset Management Real Estate to acquire a 110,000-square-…

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May 18, 2018

Newmark Knight Frank Appoints White to Director in D.C.

Newmark Knight Frank has hired Suzanne White as a director in the firm’s Washington, D.C. office. Partnering with Brendan Owen, chairman of asset services, and Morgan Monroe, associate, White will specialize in landlord representation in the Washing…

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May 18, 2018

Bentall Kennedy Taps Domres to Head Up National Multifamily Asset Management Practice

After an extensive nationwide search, private equity real estate manager Bentall Kennedy has hired Melanie Domres to lead its national multifamily asset management team as a senior vice president. Domres is a 30-year industry veteran who joins Bent…

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May 17, 2018

Will Apple’s New East Coast Campus be in NoVA?

Pictured: Apple’s $5 billion headquarters in Cupertino, CA.With all the attention on Amazon’s search for a second headquarters, Apple has slipped beneath the radar in its quest to open a massive campus on the East Coast. The creator of the ubiquitous i…

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May 16, 2018

Everfi Moving Headquarters to 2300 N St. NW

Everfi, a Washington, D.C.-based tech startup that sells online education courses, will set up a new headquarters in D.C. with a 13-year lease that effectively commits it to the District for the foreseeable future. The company, originally based out…

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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…

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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…

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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-…

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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.

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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…

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