October 24, 2018
Rendering of the 17Fifty officer tower at Reston Town Center in Reston, Virginia. Credit: Boston Properties With four of the five largest new office leases signed this year in northern Virginia, the region has outperformed other areas in the metrop…
Read MoreOctober 22, 2018
The Internal Revenue Service will be examining new guidance on the Opportunity Zone real estate tax incentive program. Accountants poring over the Treasury Department’s newly issued guidelines for Opportunity Zone tax incentives say they are uncover…
Read MoreOctober 19, 2018
The Treasury Department issued new guidance on its Opportunity Zone commercial real estate tax incentive program. The Treasury Department issued highly anticipated guidance for the new Opportunity Zone tax incentive that eliminates the need for real…
Read MoreOctober 19, 2018
LCOR has acquired a tract of land just outside of Washington, D.C., where the Philadelphia-based firm plans to develop a new $100 million mixed-use project along the same corridor in Crystal City where it recently wrapped up on a 451-unit luxury high-r…
Read MoreOctober 17, 2018
Snell Properties has crossed the Virginia-D.C. border for the first time in its 70-year history to acquire a recently completed luxury apartment complex in the city’s 14th Street corridor from local firm and project developer, Madison Investments. …
Read MoreOctober 16, 2018
Redfin Corporation, a residential real estate brokerage firm out of Seattle, has signed a lease for a new East Coast office in suburban Washington, D.C. The company agreed to a deal for 20,358 square feet at Newbrook II, a 77,427-square-foot, four-s…
Read MoreOctober 16, 2018
Rendering of the F1rst Residences (glass building in the foreground), which is now on the market for sale.A new downtown Washington apartment building with commanding views of Nationals Park and the Southeast waterfront is up for grabs, and it could co…
Read MoreOctober 15, 2018
Projects like the proposed Colorado Outdoors Recreation Business Park in Montrose, Colorado, are in areas covered by the federal Opportunity Zone program that may get final guidelines this month. Final guidelines may come this month from the federal…
Read MoreOctober 15, 2018
CHMWarnick has hired longtime hotel industry veteran Joe DeFrank as senior vice president and asset manager in the firm’s newly established office in Washington, D.C., the second hire brought over from Bethesda, Maryland-based hotel REIT, Host Hotels &…
Read MoreOctober 12, 2018
Michael Best & Friedrich LLP has signed a lease to relocate its Washington, D.C., offices to an expanded location in The Wharf that will allow the firm to bring its legal practice as well as its government relations and public affairs consulting group,…
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