September 17, 2018
The 163,425-square-foot Capitol Plaza in Sacramento is among Government Properties Trust’s notable holdings. The RMR Group Inc., an alternative asset management company that manages six publicly traded real estate investment trusts, is merging two o…
Read MoreSeptember 13, 2018
Pebblebrook already has agreed to sell three LaSalle properties for $715 million, including Park Central New York, and expects to unload as much as $1 billion in assets.Pebblebrook Hotel Trust Chief Executive Jon Bortz’s plans to bring the two luxury l…
Read MoreSeptember 12, 2018
The U.S. General Services Administration has finalized a 15-year renewal to extend the Drug Enforcement Administration’s 511,487-square-foot headquarters lease in Pentagon City, confirming a report earlier this year that the agency had ended its search…
Read MoreSeptember 12, 2018
It took four years for the Economic Club of Washington to confirm one of their most desired speakers: Jeffrey P. Bezos, founder of online retailer Amazon and owner of The Washington Post. But when he addresses the audience in the nation’s capital Thurs…
Read MoreSeptember 11, 2018
The 148-unit Incanto in Washington, D.C. Across the board, the Southwest/Navy Yard’s key performance indicators are trending upward. Occupancies as of September were still recovering from the sustained supply over the past few years, but strong quar…
Read MoreSeptember 11, 2018
Savills Studley has hired award-winning commercial design veteran Ann Linstrom as the company looks to strengthen its 200-member workplace strategy and occupant experience services platform. Linstrom brings 34 years of experience in project managem…
Read MoreSeptember 11, 2018
Savills Studley has hired award-winning commercial design veteran Ann Linstrom as the company looks to strengthen its 200-member workplace strategy and occupant experience services platform. Linstrom brings 34 years of experience in project managem…
Read MoreSeptember 11, 2018
One of Australia’s largest hotel owners has made its first foray into the Washington, D.C., hotel market. SB&G Hotel Group, the Melbourne-based hotel division of global fund manager SB&G Group, paid $19.65 million to acquire the Greenbelt Marriott, …
Read MoreSeptember 10, 2018
The 113-unit apartment building at 2144 California St. NW in Washington, D.C. Downtown D.C. sales volume is down relative to the previous few years, but that is mostly because of the record levels set in the early years in the cycle. Compared to his…
Read MoreSeptember 10, 2018
Mitchell E. Rudin, a veteran New York real estate executive who previously held senior positions at CBRE, Brookfield and Mack-Cali Realty Corp., will join Savills Studley as its next president, succeeding Michael Colacino who is stepping down at the en…
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