News

April 2, 2018

CoStar Market Insights: Foreign Investment Continues to Pour Into D.C. Office Market

The Washington, D.C. office market has proven to be popular to foreign investors, thanks in part to the metro’s stability. The D.C. metro is countercyclical, which generally provides some cushion during downturns and gains that are more modest duri…

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April 1, 2018

Florida Senior Housing Community Fetches $130M

Stratford Court-Boca Raton, a 4-Star assisted-living facility near Boca Raton, FL, has sold for $130 million to Welltower, Inc. The Toledo, OH-based real estate investment trust bought the 393,453-square-foot property at 6343 Via De Sonrisa Del Sur …

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March 29, 2018

CoStar Market Insights: Pricing Growth Slows, but Investors Still Showing Appetite for D.C. Multifamily Assets

While investment volume has slowed from the banner year set in 2015, multifamily investors are still pouring money into Washington, D.C. at a pace far above the cyclical average. Multifamily investment volume in the first quarter of 2018 was $1.27 b…

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March 29, 2018

CoStar Market Insights: Pricing Growth Slows, but Investors Still Showing Appetite for D.C. Multifamily Assets

While investment volume has slowed from the banner year set in 2015, multifamily investors are still pouring money into Washington, D.C. at a pace far above the cyclical average. Multifamily investment volume in the first quarter of 2018 was $1.27 b…

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March 26, 2018

Douglas Development Wraps Up Georgetown Retail Buy

Douglas Development Corp. completed its previously announced purchase of 3030 M St. NW, a 14,000-square-foot retail building in Georgetown, for $17 million, or about $1,214 per square foot. The two-story property is home to Neiman Marcus brand, Cusp…

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March 26, 2018

TA Realty Nabs Gables Woodley Park in $106.5 Million Deal

TA Realty completed one of the largest apartment acquisitions in Washington, D.C. so far this year with the $106.5 million purchase of Gables Woodley Park in Northwest D.C.’s Woodley Park area. The private real estate investor out of Boston paid nea…

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March 26, 2018

TA Realty Nabs Gables Woodley Park in $106.5 Million Deal

TA Realty closed on one of the largest apartment acquisitions in Washington, D.C. so far this year with the $106.5 million purchase of Gables Woodley Park in Northwest D.C.’s Woodley Park area. The private real estate investor out of Boston paid nea…

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March 25, 2018

H. Beck Leases 23,448 SF at Research West

H. Beck has reached a deal to relocate its Bethesda, MD office to the recently renovated Research West office complex in Rockville. The national independent broker dealer agreed to take 23,448 square feet at 2440 Research Blvd., a five-story, 127,75…

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March 25, 2018

H. Beck Leases 23,448 SF at Research West

H. Beck has reached a deal to relocate its Bethesda, MD office to the recently renovated Research West office complex in Rockville. A national independent broker dealer, H. Beck agreed to take 23,448 square feet at 2440 Research Blvd., a five-story,…

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March 22, 2018

U.S. Customs & Borders Protection Reaches Deal for 445,000 SF in Loudoun County

The U.S. Customs & Border Protection Agency (CBP) has entered into an agreement to lease 445,000 square feet in Loudoun County where the agency will establish its office of technology (OIT) headquarters. The federal law enforcement agency will conso…

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