October 9, 2017
DivcoWest finalized a deal to acquire a 12-story office building located across from Fannie Mae’s future headquarters along 15th St. in Washington, D.C.’s East End. The San Francisco-based real estate investment firm paid a reported $100.5 million, or approximately $489 per square foot, to acquire 1133 15th St. NW, a 205,319-square-foot property home to startup incubator 1776 Campus, National Fish & Wildlife Foundation, SocialCode and Strayer University…
Read MoreOctober 8, 2017
Avison Young has recruited three commercial real estate finance specialists from JLL to the firm’s capital markets group in Washington, D.C. as principals. Wesley Boatwright, Jonathan Goldstein and Michael Yavinsky previously served as managing dire…
Read MoreApril 21, 2017
It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Philadelphia, South Florida, Houston, Atlanta, Dallas / Ft. Worth, E…
Read MoreApril 19, 2017
Nippon Telegraph and Telephone Corp. has acquired a 15% interest in Normandy Real Estate Partners, a New York-based real estate fund manager that owns and operates 14 million square feet of space in several East Coast markets and a development pipeline…
Read MoreApril 18, 2017
Jefferson Apartment Group (JAG) and equity partner Mitsui Fudosan America have acquired a .61-acre site in Arlington, VA’s Rosslyn-Ballston Corridor from Lionstone Investments and Penzance where the venture plans to carry out the development of a long-…
Read MoreApril 17, 2017
Booz Allen Hamilton (NYSE: BAH) has signed a renewal and expansion that will increase the Tysons Corner, VA-based management consulting firm’s presence at Metro Park VI in Alexandria, VA to 117,206 square feet. Since early 2012, Booz Allen Hamilton …
Read MoreApril 17, 2017
National Student Clearinghouse (NSC), a degree, enrollment verification and student education nonprofit, has renewed its 31,339-square-foot lease at 2300 Dulles Station Blvd. in Herndon, VA for 17 years. Additionally, NSC reached a deal with buildi…
Read MoreApril 12, 2017
The Commercial Real Estate Brokerage Association of Greater Washington, DC (CREBA) held its annual awards dinner last week at The Ritz-Carlton in Foggy Bottom.Over 400 members were on hand as the top performers in sales, finance, development, and leasi…
Read MoreMarch 15, 2017
Next Realty Mid-Atlantic has promoted former senior director Andrew Rose to principal. Rose joined Next Realty as an associate in 2007 before earning a promotion to senior director in 2012. In addition to being named a principal, Rose has also becom…
Read MoreMarch 13, 2017
In line with the company’s plan to close 88 stories and three distribution centers in an effort to return to profitability, Indianapolis-based electronics and appliance retailer hhgregg (MYSE: HGG) has placed its distribution and delivery center at 143…
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