September 24, 2018
Demand for data storage space in Northern Virginia has surged to seemingly insatiable levels. Digital Realty, a publicly traded data center real estate investment trust, is betting on surging demand for data storage property in Northern Virginia, on…
Read MoreSeptember 21, 2018
The Class A Loudoun Gateway IV office building in Dulles, Virginia. Vacancies dropped notably in early 2017, but have remained relatively stable — and high — ever since. The elevated vacancies, which are more than 300 basis points above the nation…
Read MoreSeptember 21, 2018
Mid-Atlantic multifamily investor Morgan Properties expanded its Northern Virginia holdings with the purchase of the Bennington Crossings in Alexandria in a $62.3 million deal with Washington, D.C., investment and management firm, JBG Smith. The own…
Read MoreSeptember 20, 2018
Eric Llewellyn joined St. John Properties as a retail leasing representative in Baltimore. In his new role, Llewellyn will support the leasing and lease renewal activities for the firm’s retail portfolio consisting of more than 2 million square feet o…
Read MoreSeptember 20, 2018
The “new” Courtyard by Marriott Dulles Airport Herndon at 13715 Sayward Blvd. in Northern Virginia. (Image credit: Business Wire). How comfortable – or brazen – are firms becoming at assuming Amazon has zeroed in on Northern Virginia as the location f…
Read MoreSeptember 20, 2018
A potential surge in commercial property investment in economically distressed areas is building up as investors await final guidelines coming from the federal government. Tax incentives were broadly written into the Tax Cuts and Jobs Act signed int…
Read MoreSeptember 18, 2018
A 28-unit apartment building under construction at 1402 H St. NE in Washington, D.C. Despite having the most units under construction, Southwest/Navy Yard posted impressive rent gains year-over-year. Rent growth over the past 12 months ranked in the…
Read MoreSeptember 18, 2018
A 28-unit apartment building under construction at 1402 H St. NE in Washington, D.C. Despite having the most units under construction, Southwest/Navy Yard posted impressive rent gains year-over-year. Rent growth over the past 12 months ranked in the…
Read MoreSeptember 18, 2018
Three Constitution Square in NoMa. The neighborhood north of Massachusetts Avenue in northeast Washington, D.C., locally known as NoMa, has been among the best-performing office submarkets in terms of absorption over the past year, and its popularit…
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