News

December 8, 2017

CoStar’s People of Note (Dec. 8) – HFF and Cresa Expand, Cushman Hires Mangum…

The following companies announced personnel moves this week: Cresa, HFF, Pine Tree, Cushman & Wakefield, JLL, Bridge Investment Group, Walker & Dunlop, Kentwood Real Estate, Grover Corlew, Zeppelin Development and Colliers International.img.pon{display…

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December 7, 2017

The Peace Corps Secures New Headquarters in NoMa

The U.S. General Services Administration (GSA) has signed a 173,000-square-foot lease at One Constitution Square in Washington, D.C. for the future headquarters of the Peace Corps. The volunteer organization run by the U.S. government will shift its…

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December 6, 2017

CIM Group Buys 1,180-Unit EOS Twenty-One Apt. Complex in Arlington

One of the largest apartment communities in Northern Virginia has traded hands after Los Angeles-based CIM Group struck a deal with fellow Los Angeles-based firm Ares Management (NYSE: ARES) to acquire EOS Twenty-One in Alexandria for an undisclosed am…

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December 6, 2017

GMF Capital Pays $131 Million for 930-Unit Multi-Housing Complex Near Capitol Hill

Dragone Realty Investments has a new partner in the ownership of The Avanti after GMF Capital out of New York paid $131 million, or approximately $141,000 per unit, for Los Angeles-based PCCP’s stake in the 930-unit District Heights, MD apartment compl…

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December 4, 2017

The Meridian Group Buys 210,000-SF Office Bldg. in Tysons Corner

The Meridian Group, a real estate investment and development firm based in Bethesda, MD, expanded its regional holdings with the acquisition of a 209,669-square-foot office building in Tysons Corner from the Los Angeles Country Employees Retirement Ass…

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December 1, 2017

CoStar’s People of Note (Dec. 1) – Mobley Named CEO at Cushman, CBRE’s Schoppmann and CBC’s Abdo Promoted…

The following companies announced personnel moves this week: Cushman & Wakefield, CBRE, CBC Advisors, IRR, Hold-Thyssen, Schuckman Realty, Lloyd Jones Capital and SVN Parsons.img.pon{display: block; padding: 5px; width: 25%; max-width:180px; max-heigh…

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November 29, 2017

Google Lands in Loudoun as County Extends Position as Major Data Center Hub

News broke this week that Google has acquired two development sites in Loudoun County totaling 148 acres and announced plans to build a pair of data centers to expand capacity for its online services. The tech firm bought a 91-acre site within the A…

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November 28, 2017

Resonate Networks Leases 16,830 SF in Reston

Resonate Networks, Inc., a big data technology company, signed a lease for 16,830 square feet in the office building at 11720 Plaza America Dr. in Reston, VA. The 13-story building totals 300,000 square feet and is known as Plaza America Tower 3. T…

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November 24, 2017

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November 22, 2017

Piedmont Strikes Deals to Sell 14 Office Buildings to Pair of Undisclosed Buyers

Piedmont Pointe II in Bethesda, MDAs part of its ongoing strategy to focus on owning Class A office properties in select submarkets primarily within eight major Eastern U.S. office markets, Piedmont Office Realty Trust (NYSE:PDM) said it is in the proc…

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