October 9, 2017

DivcoWest Lands DC Office Bldg. Across from New Fannie Mae HQ

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…

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October 8, 2017

Avison Young Recruits Trio from JLL to Bolster Capital Markets Team

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…

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April 21, 2017

CoStar’s People of Note (Apr. 21)

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…

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April 19, 2017

Nippon Takes 15% Stake in Normandy Real Estate Partners

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…

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April 18, 2017

New 22-Story Multifamily High-Rise Coming to Northern Virginia’s Rosslyn-Ballston Corridor

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-…

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April 17, 2017

Booz Allen Hamilton Inks Long-Term Renewal and Expansion at Metro Park VI

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 …

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April 17, 2017

National Student Clearinghouse Signs Renewal, Expansion at Dulles Station West

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…

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April 12, 2017

CREBA Recognizes Award Winners at Annual Gala

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…

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March 15, 2017

Next Realty Mid-Atlantic Promotes Rose

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…

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March 13, 2017

Former hhregg Distribution Facility Goes to Market

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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