Mid-Atlantic
Construction Begins on Cambria Hotel Ocean City
The new waterfront Cambria Hotel in Ocean City, Md. will feature 133 keys, occupying the former site of the George Cropper Concrete Plant.
Berkeley Partners Buys $14M DC-Area Asset
Previous ownership acquired a completely vacant building in 2013 and invested more than $4 million in renovations and various upgrades.
JV Purchases 4th Baltimore-Area Asset for $7M
The fully occupied flex/industrial building is located in Howard County, within 20 and 25 miles of central Baltimore and D.C., respectively.
JV Buys $26M Land for DC-Area Mixed-Use Project
The 1.8-acre parcel is part of The View, a 3-million-square-foot mixed-use development located in the Arts and Entertainment District of Tysons, Va., next to the Spring Hill Metro Station.
Baker Botts to Lease 103 KSF in DC’s Anthem Row
The law firm has signed a 17-year lease at 700 K St. at Anthem Row, Meridian Group’s four-building redevelopment project in Washington, D.C.’s East End.
Richmond All-Suite Hotel Sells for $9M
Stay Over Suites in Hopewell, Va. is located within a 30-minute drive south of downtown Richmond and comprises 108 suites in two separate buildings.
Rubenstein Partners Buys Stake in DC Trophy Building
The company cashed out $27.5 million for an 80 percent stake and plans to modernize the office property through a series of building and tenant service upgrades.
Charlottesville Retail Asset Changes Hands
Pantops Plaza Shopping Center is 100 percent leased to five long-term tenants, including Starbucks and Chipotle. Cushman & Wakefield | Thalhimer facilitated the transaction.
Mexican Investor Enters Pittsburgh Market
The Aztec Fund purchased a premier office building in Canonsburg, Penn., for $20.5 million. The asset is part of the only mixed-use campus in southwestern Pennsylvania.
PRP Grabs Pair of VA Foreclosed Office Assets
The properties total 420,000 square feet and sit in the proximity of Mark Center Transit Center, Alexandria Hospital and Alexandria Community College.