July 19, 2018
Matan Companies has sold its recently completed industrial building at the Dulles North Industrial Park in Sterling, VA, to Dallas-based data center management and colocation REIT, CyrusOne. The property traded for slightly more than $26.2 million, or …
Read MoreJuly 18, 2018
Pictured: Ore 82, a 227-unit community Greystar recently delivered next to the 7.3-acre CSX site on New Jersey Ave. in southeast D.C.Apartment giant Greystar could break ground on a 1,000-apartment complex in Washington’s trendy Capitol Riverfront nei…
Read MoreJuly 18, 2018
While it might be bold to say Southwest D.C. is the new “hot quadrant,” it’s not without merit. The long-ignored area historically was known for the oldest continuously operating, open-air fish market in the U.S. and a slew of federal office buildi…
Read MoreJuly 15, 2018
Hasta Capital re-entered the Washington, D.C.-area multifamily market, this time to acquire The Residences at City Center in Manassas Park, VA, from True North Management Group. Hasta, a multifamily investment firm out of Mexico City, paid $51.5 mil…
Read MoreJuly 13, 2018
Matt Brody has joined the Washington, D.C. office of global real estate services firm Savills Studley, where he will focus on debt and equity solutions. Brody will collaborate with fellow senior managing director Lindsay Stroud to identify debt and…
Read MoreJuly 11, 2018
FP1 Strategies, LLC is leaving Washington, D.C., for Northern Virginia after the political consulting and media relations company agreed to a 29,849-square-foot lease at 3001 Washington Blvd. in Arlington, VA. FP1 will relocate from 1826 Jefferson P…
Read MoreJuly 10, 2018
Continental Realty Corp. (CRC) has sold the 236-unit Chase Heritage community in Sterling, VA, to Chandler Residential for $48.4 million, or approximately $205,000 per unit. The Baltimore-based commercial real estate investment and management compan…
Read MoreJuly 10, 2018
WeWork’s office building at 2221 S. Clark St. in Arlington, VA Developer Robert Smith envisioned a crystal city in the heart of the D.C. metro. Well, maybe not crystal, but decades ago, Smith committed time and capital to a desolate area of Northern…
Read MoreJuly 10, 2018
A joint venture led by PRP has completed its acquisition of Sequoia Plaza I, II & III in Arlington, VA, paying $152 million, or nearly $413 per square foot, for the three-building portfolio. PRP, a Washington, D.C.-based real estate investment mana…
Read MoreJuly 10, 2018
The 602,350-square-foot office building leased to Federal Communications Commission in Washington, D.C. Over three-quarters of the District’s commercial real estate tenants come from just four industries: government, law firms, personal services and…
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