Bogdan Odagescu
Bogdan Odagescu is an executive editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2016, as associate editor. Bogdan coordinates news writing and editing work for the two publications, among others. He has a background in English, literature, translation and cultural journalism, and holds an MA in contemporary literature and culture from Birkbeck College, University of London.
Lingerfelt CommonWealth Nabs Upscale Retail Center in Hampton Roads
The 76,827-square-foot Towne Place at Greenbrier was constructed in 2007 and is 94.7 percent leased.
Second Homewood Suites by Hilton Opens in Washington, D.C.
The 160-key property is located just one mile away from Hilton’s other Homewood D.C. asset, the Homewood Suites by Hilton Washington D.C. Downtown.
Wyndham in Andover, Mass. Reopens as DoubleTree after Consistent Renovations
The 5-story, 293-key DoubleTree by Hilton Boston-Andover is owned and managed by Linchris Hotel Corp.
Colliers Arranges $133M Refi for Historic Boston Office Building
The funds for the 11-story Park Square Building in the Back Bay were secured through Aareal Capital on behalf of Capital Properties.
Armada Hoffler Properties Snaps Up Shopping Center in Colonial Heights, Va.
The 220,000-square-foot Southgate Square sits 23 miles south of downtown Richmond and was 100 percent occupied at the time of purchase.
North Boston Office Asset Commands $22M
The new owner plans to turn the four-story building at 200 Exchange St. into a mixed-use facility featuring retail, a data center, and almost 200,000 square feet of creative office space.
Chevron Partners Shells Out $24M for Boston’s Sears Crescent Building
The 50,300-square-foot building completed in 1816 was fully leased at the time of sale to 14 tenants.
Capella Washington, D.C., Hotel Sells for $65M, Gets New Brand, Management
Now rebranded as the Rosewood Washington, D.C., the 49-key ultra-luxury Georgetown hotel will be managed by Rosewood Hotels & Resorts.
DoubleTree near Dupont Circle Commands $65M
REIT Xenia Hotels & Resorts said the sale price represents a 5.5 percent cap rate on 2015 NOI and a 15.7 multiple of the asset’s EBITDA.
Airbus’ Ashburn, Va. Facility Expands, Adds Employees
The aircraft manufacturer pledged to invest an additional $1 million in the facility, turning the Loudoun County location into the company’s largest material distribution center by customer volume.