News

February 26, 2018

CPPIB Teaming Up with JBG Smith on Downtown D.C. Office Project

The Canada Pension Plan Investment Board (CPPIB) is joining Chevy Chase, MD-based JBG Smith (NYSE: JBGS) in a joint venture to develop and own a 271,067-square-foot, 11-story office building currently under construction at 1900 N St., NW in the central…

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February 26, 2018

CPPIB Teaming Up with JBG Smith on Downtown D.C. Office Project

The Canada Pension Plan Investment Board (CPPIB) and Chevy Chase, MD-based JBG Smith (NYSE: JBGS) are teaming up to develop and own a 271,067-square-foot, 11-story office building currently under construction at 1900 N St. in the central business distr…

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February 25, 2018

Aimco Puts Up $160 Million for Centreville Apt. Community

Denver-based Apartment Investment and Management Co. (“Aimco”) (NYSE: AIV) struck a deal with Sentinel Real Estate Corp. to acquire the Bent Tree apartment community in Centreville, VA for $160 million, or nearly $214,000 per unit. Built in 1989 jus…

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February 25, 2018

Aimco Puts Up $160 Million for Centreville Apt. Community

Apartment Investment and Management Co. (“Aimco”) (NYSE: AIV) struck a deal with Sentinel Real Estate Corp. to acquire the Bent Tree apartment community in Centreville, VA for $160 million, or nearly $214,000 per unit. The 758-unit multi-housing com…

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February 25, 2018

Terreno Realty Sells Class A Industrial Building in Capitol Heights

Terreno Realty Corp. (NYSE: TRNO), a San Francisco-based owner and operator of industrial properties in six major coastal markets, has shed one of its assets in suburban Washington, D.C. Known as Steeplechase E, the 138,780-square-foot, single-story…

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February 25, 2018

Terreno Realty Sells Class A Industrial Building in Capitol Heights

Terreno Realty Corp. (NYSE: TRNO), a San Francisco-based owner and operator of industrial properties in six major coastal markets, has shed one of its assets in suburban Washington, D.C. Known as Steeplechase E, the 138,780-square-foot, single-story…

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February 22, 2018

551,000-SF Mixed-Use Project in Fairfax Gets Financing

Combined Properties, Inc. has secured $115.4 million in construction financing and preferred equity for a new 551,000-square-foot mixed-use residential and retail project scheduled to break ground later this year in Fairfax, VA. Scout on the Circle,…

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February 22, 2018

551,000-SF Mixed-Use Project in Fairfax Gets Financing

Combined Properties, Inc. has secured $115.4 million in construction financing and preferred equity for a new 551,000-square-foot mixed-use residential and retail project scheduled to break ground later this year in Fairfax, VA. Scout on the Circle,…

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February 20, 2018

407-Room Westin Changes Hands in Tysons Corner

Driftwood Acquisitions & Development partnered with fellow Florida firms Sefira Capital and Merrimac Ventures to acquire a 407-room Westin hotel in Falls Church, VA from CW Capital Asset Management. Terms of the deal were not disclosed. Originally c…

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February 20, 2018

407-Room Westin Changes Hands in Tysons Corner

Driftwood Acquisitions & Development partnered with fellow Florida firms Sefira Capital and Merrimac Ventures to acquire a 407-room Westin hotel in Falls Church, VA from CW Capital Asset Management. Terms of the deal were not disclosed. Originally c…

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