Washington DC
Terreno Disposes of MD Industrial Building
The firm sold its 139,000-square-foot asset in Capitol Heights for $20.3 million, which it originally acquired in 2014.
AVR Snags $72M VA Hotel
SVN|Hamm & Co. represented the buyer in its purchase of Residence Inn Alexandria Old Town/Duke Street in Alexandria, which features 240 guestrooms across 257,000 square feet.
USAA, Lowe Snag VA Office Complex
Park Center in Alexandria comprises three adjacent buildings totaling 566,000 square feet. HFF represented the seller and arranged financing for the transaction.
ezStorage Opens 1st Alexandria, VA, Location
The company has opened its first self-storage asset in the D.C.-area city, after completing construction in one year using a $12 million loan. The three-story facility totals 132,423 square feet.
The Unknown Future of Housing Finance Reform
The consensus at the Mortgage Bankers Association 2017 Annual Convention and Expo in Denver is that housing finance reform needs to occur, and that conservatorship of the GSEs should end.
Skanska Inks First Lease at DC Office Development
PYXERA will occupy 17,000 square feet on the fourth floor of the Class A property currently under construction. The company is planning to move in by June 2018.
Goodwin Leases 80 KSF at DC Trophy Building
The company will occupy the top three floors of the 11-story development located in the Dupont Circle and Farragut area. Relocation will take place in late 2019, upon building completion.
Transwestern Appoints New EVP
George Vogelei will step up as the firm’s executive vice president of agency leasing, after spending more than three years at NKF.
Columbia Property Trust Completes Renovations at DC Office Building
The 285,000-square-foot 80 M St. in Washington, D.C. underwent a $3 million renovation that brought the building’s occupancy level to 94 percent.
HBW Group Completes Sale of Rockville Asset
ProMark Real Estate Services purchased the 37-year-old, 101,000-square-foot office building and has renovations planned for the property.