Mid-Atlantic
SRS Distribution Signs 3 Baltimore-DC Metro Leases
The industrial buildings, featuring high ceilings and drive-in and dock doors, are located within easy reach of the company’s regional office in Chantilly, Va.
JCR Nabs $31M VA Shopping Center
The five-building, Target shadow-anchored Center at Innovation shopping center in Manassas, Va includes 101,990 square feet and 482 parking spaces.
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.
DC-Area Retail Plaza Sells for $20M
Fortuna Center Plaza is a nearly 105,000-square-foot, grocery-anchored shopping center located in Northern Virginia. The more than $20 million deal was arranged by NKF Capital Markets.
ASB Fund Sells DC Trophy Building for $144M
Masaveu Real Estate US, an affiliate of internationally diversified Spanish conglomerate Corporacion Masaveu S.A., is the new owner of the 900 G St., N.W., office property in the city’s East End.
Drake, Flagship Sells VA Medical Office Asset
The 72,255-square-foot, Class A medical office building was completed in 2008 and purchased by the previous owners in 2014 as a value-add opportunity.
St. John Properties Assigns New CFO
Lori Rice has been with St. John Properties for more than 17 years and is recognized by her peers as a strong leader and problem-solver. As CFO, she will oversee all of the company’s financial planning initiatives.
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.
CIG Taps 3 New Employees
Juanita Kelley will oversee property management, Ben Arrington joins the firm’s acquisitions team and Hannah Taylor will manage investor relations for the company.
DC-Area Marriott Hotel Changes Hands
The six-story, 316-key Fairfax Marriott at Fair Oaks is a less than 20-minute drive from the Washington Dulles International Airport.