Adrian Maties
Out-Of-Town Buyers Snap Up M-F Assets
More Richmond-area apartments have changed hands in the past few weeks. The Coliseum Lofts and the Huguenot Apartments have both been sold to out-of-town investors.
Breeden Extends M-F Pipeline to Portsmouth
Harbor Vista at Crawford StreetThe Hampton Roads area is getting another apartment community. On Thursday, June 11, the Breeden Company closed the acquisition of 2.5 acres of land at 800 Crawford Street, in the city of Portsmouth. The real estate services company will now use the site to build a new multifamily development.
A Bethesda Tale: From Parking Lots to Mixed-Use Development
Bethesda is saying hello to a new mixed-use development. This afternoon, Monty Hoffman, CEO of PN Hoffman, and Doug Firstenberg, principal of StonebridgeCarras, will be present at 7170 Woodmont Ave. to celebrate the grand opening of The Darcy and The Flats. Montgomery County Executive Ike Leggett and other officials will also attend the ribbon-cutting ceremony.
Massive Cleveland Historic Building’s Massive Transformation
More details have come to light about the redevelopment of Cleveland’s former Huntington Building. On June 16, during a press tour of the historic building, the new owner revealed that it indents to convert the mammoth structure into a mixed-use property.
JBG Buys Alexandria Warehouse Complex
The JBG Cos. is expanding its Greater Washington portfolio of properties. The company’s latest acquisition is a warehouse complex in Alexandria.
New Tower Links Research & Care at Cincinnati Children’s
After three years of construction, Cincinnati Children’s Medical Center has finally completed its new Clinical Sciences Pavilion. The 15-story research tower is now open and ready to serve as a bridge between research and care.
Spring Center Joins Parade of Richmond Retail Trades
Richmond-area retail properties are selling like hot cakes. The latest property to change hand in the region is the Spring Center, located at 7124 Mechanicsville Turnpike, in Hanover County.
The Banks’ Newest M-F Project Gets a Name
The developers of The Banks have recently revealed the name of the second apartment building to be constructed at the mixed-use development. Radius, as the new complex is called, is part of the larger project’s second phase.
Fast Growth Means Arlington County
LidlNeckarsulm, Germany-based Lidl, one of the fastest growing retailers in Europe, is getting ready to expand into the United States. Governor Terry McAuliffe announced this month that the company plans to invest a massive $202 million to establish its U.S. corporate headquarters and to open a regional headquarters and a distribution center in Virginia.
New Boutique Hotel Opens in Baltimore’s Mt. Vernon Neighborhood
Hotel Indigo Baltimore – Mt. Vernon InterContinental Hotels Group is expanding in Baltimore. The UK-based company has recently announced the opening of its first property under the Hotel Indigo brand in the state of Maryland.