News

January 24, 2018

Carr Properties Flips West End Bldg. for $166.2 Million, Picks Up Development Site in Capitol Hill

January 12 was a busy day for Carr Properties after the local REIT, along with joint venture partners MetLife and the Canada Pension Plan Investment Board, sold 1255 23rd St. NW in Washington, D.C.’s West End to DivcoWest for $166.2 million, and struck…

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January 24, 2018

Rosendin Electric Moving East Coast HQ to Sterling

A nearly 100-year-old electric contractor company out of Northern California has selected the Northwoods business park in Sterling, VA for the site of its new East Coast headquarters. Rosendin Electric will relocate later this year to 66,165 square …

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January 24, 2018

Rosendin Electric Moving East Coast HQ to Sterling

A nearly 100-year-old electric contractor company out of Northern California has selected the Northwoods business park in Sterling, VA for the site of its new East Coast headquarters. Rosendin Electric will relocate later this year to 66,165 square …

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January 24, 2018

Metro Taps Developer for 440-Unit Mixed-Use Project at College Park Station

A new transit-oriented mixed-use development is headed for College Park Station. Yesterday, the Washington Metro Area Transit Authority, known locally as Metro, disclosed it had selected Providence, RI-based Gilbane Development Co. to develop its ne…

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January 24, 2018

Metro Taps Developer for 440-Unit Mixed-Use Project at College Park Station

A new transit-oriented mixed-use development is headed for College Park Station. Yesterday, the Washington Metro Area Transit Authority, known locally as Metro, disclosed it had selected Providence, RI-based Gilbane Development Co. to develop its ne…

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January 24, 2018

Denihan’s “The James” Brand Coming to Washington, D.C.

Denihan Hospitality is bringing its flagship The James brand to Washington, D.C. The New York City-based hotel owner/operator selected Armature Works, Trammell Crow Co. and KochSmith Capital’s 780,000-square-foot mixed-use development in NoMa, for t…

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January 24, 2018

Denihan’s “The James” Brand Coming to Washington, D.C.

Denihan Hospitality is bringing its flagship The James brand to Washington, D.C. The New York City-based hotel owner/operator selected Armature Works, Trammell Crow Co. and KochSmith Capital’s 780,000-square-foot mixed-use development in NoMa, for t…

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January 23, 2018

Munich RE Completes $250 Million Purchase of 1440 New York Ave. NW

German reinsurance firm Munich RE closed earlier today on its $250 million purchase of the Washington Building at 1440 New York Ave. in Washington, D.C. from Clarion Partners. Advised by local developer EastBanc, Munich RE paid roughly $1,189 per sq…

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January 23, 2018

Munich RE Completes $250 Million Purchase of 1440 New York Ave. NW

German reinsurance firm Munich RE closed earlier today on its $250 million purchase of the Washington Building at 1440 New York Ave. in Washington, D.C. from Clarion Partners. Advised by local developer EastBanc, Munich RE paid roughly $1,189 per sq…

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January 23, 2018

WPC Recruits Rounsaville to Fill Newly Created VP, Acquisitions Role

Washington Property Co. of Bethesda, MD has recruited longtime JBG broker Quinn Rounsaville to fill the newly-created position of vice president of acquisitions. At WPC, Rounsaville will identify and analyze acquisition opportunities in the Washingt…

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