News

November 8, 2017

Westbrook Partners Pays $72 Million for Two Liberty Center in Arlington

Westbrook Partners, a New York City-based real estate investment management company, has purchased Two Liberty Center in Arlington, VA for $72.012 million, or about $406 per square foot. The nine-story, 178,700-square-foot office building delivered …

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November 7, 2017

GSA Looking to Lease Up to 2 MSF for 2020 Census Offices

The U.S. General Services Administration’s (GSA) released 208 additional short-term lease requirements for the U.S. Census Bureau to be procured via the Automated Advanced Acquisition Program (AAAP) and GSA Leasing Support Services (GLS) contract. T…

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November 7, 2017

Food & Water Watch Extends HQ Lease in NW D.C.

Food & Water Watch, a non-governmental public interest organization that champions healthy food and clean water for all, agreed to renew its 18,323-square-foot head office space at 1616 P St. NW in Washington, D.C. The six-story office building tota…

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November 7, 2017

Upper Crust Bakery Takes Nearly 130,000 SF of Warehouse Space at Glenn Dale Business Center

Upper Crust Bakery, a Phoenix-based provider of baked goods for customers in the foodservice, club, store airline and retail private label sectors, signed a three-year lease for 129,988 square feet of warehouse space within the Glenn Dale Business Cent…

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November 6, 2017

Axios to Open New 15,000-SF Office in Clarendon

Axios Media, a recently launched American news and information website founded by Politico co-founder Jim VandeHei, former Politico Chief White House correspondent Mike Allen and former Politico CRO Roy Schwartz, signed a lease for 15,301 square feet o…

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November 3, 2017

CoStar’s People of Note (Nov. 3) – Dream REIT Taps CEO for US Expansion, JLL Boosts NJ Exec. Team

The following companies announced personnel moves this week: Dream Industrial REIT, JLL, Clune Construction, Cushman & Wakefield, McCraney Property Co., Seagate Properties, Madison Realty Capital and Phillips Edison & Co.img.pon{display: block; padding…

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November 2, 2017

Foreign Investment Continuing to Drive D.C. Office Sales

Office sales in the Washington, D.C. metro have slowed since 2015, but are still at elevated levels, and this is due in no small part to the continued investment by overseas buyers. Despite office vacancy levels that are well above the national average…

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November 2, 2017

Clune Construction Promotes Walker, Dwyer to Expand NYC Business

Anticipating continued business growth for its New York office, national contractor Clune Construction Company has promoted Ben Walker to executive managing director and president of the New York region and Tommy Dwyer to executive managing director of…

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October 31, 2017

Longtime Owner WRE Sells Walker House in Gaithersburg

After more than 20 years of ownership, Washington REIT (NYSE: WRE) has sold the 212-unit Walker House complex in Gaithersburg, MD to Washington, D.C.-based Urban Investment Partners (UIP) for $31.8 million, or approximately $152,000 per unit. WRE p…

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October 27, 2017

CoStar’s People of Note (Oct. 20) – Starwood, Castle Lanterra Make Additions to C-Suite, Grocery REIT Hires Regional VP…

img.pon{display: block; padding: 5px; width: 25%; max-width:180px; max-height: 220px; float: right;} img.pontwo{display: block; padding: 5px; width: 45%; max-width:360px; max-height: 220px; float: right;}The following companies announced personnel moves this week: Starwood Capital, Castle Lanterra, Phillips Edison & Co., Transwestern, Cushman & Wakefield, AMCAL, Valencia Capital, United Properties, JLL and Franklin Street.SOUTH FLORIDA

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