May 28, 2018
The U.S. Customs & Border Protection Agency has finalized a deal for 445,000 square feet at American Square at Quantum Park in Ashburn, VA, where the agency will locate its office of technology headquarters. The federal law enforcement agency entere…
Read MoreMay 24, 2018
It’s the age-old developer’s trade-off. In a market saturated with new apartments, building owners have a decision to make. You can either tolerate higher vacancy rates and hope they don’t last too long. Or, you can offer a month or two of free ren…
Read MoreMay 23, 2018
Madison Marquette and PMRG are in definite talks to merge their firms. Madison Marquette provided this statement to CoStar News: “Madison Marquette, one of the nation’s leading privately held commercial real estate investment and operating companies…
Read MoreMay 22, 2018
Pictured: Rendering of the South Capitol Shopping Center redevelopment currently underway in Congress Heights. The project will bring 150 new apartments to Southwest D.C. in 2020.With Washington, D.C.’s building height restrictions and high cost of liv…
Read MoreMay 21, 2018
Meritage Properties, a boutique commercial real estate owner/operator out of New Jersey that targets investment opportunities in the Northeast and Mid-Atlantic, has struck a deal with UBS Global Asset Management Real Estate to acquire a 110,000-square-…
Read MoreMay 18, 2018
Newmark Knight Frank has hired Suzanne White as a director in the firm’s Washington, D.C. office. Partnering with Brendan Owen, chairman of asset services, and Morgan Monroe, associate, White will specialize in landlord representation in the Washing…
Read MoreMay 18, 2018
After an extensive nationwide search, private equity real estate manager Bentall Kennedy has hired Melanie Domres to lead its national multifamily asset management team as a senior vice president. Domres is a 30-year industry veteran who joins Bent…
Read MoreMay 17, 2018
Pictured: Apple’s $5 billion headquarters in Cupertino, CA.With all the attention on Amazon’s search for a second headquarters, Apple has slipped beneath the radar in its quest to open a massive campus on the East Coast. The creator of the ubiquitous i…
Read MoreMay 16, 2018
Everfi, a Washington, D.C.-based tech startup that sells online education courses, will set up a new headquarters in D.C. with a 13-year lease that effectively commits it to the District for the foreseeable future. The company, originally based out…
Read MoreMay 16, 2018
Lakewood Center I, a current DivcoWest holding in Austin DivcoWest Real Estate Services, the San Francisco-based real estate investment firm headed by Stuart Shiff, has once again teamed up with the California State Teachers’ Retirement System (CalS…
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