Mid-Atlantic
Trammell Crow Closes DC Sentinel Square III Site Sale
The 1.5-acre site is part of a 1.3 million-square-foot office complex that is being developed in three phases. Cushman & Wakefield represented the seller in the transaction.
DSC Partners Appoints new SVP
The recently-formed company has brought on a new senior vice president to provide strategic planning and venture relationship management.
Goldman Sachs Joins $5.5B Baltimore Revitalization Project
The financial company’s Urban Investment Group is contributing $233 million for the construction of Port Covington, a 235-acre master-planned development on the city’s waterfront. The commitment marks the fund’s largest single private equity investment ever.
MakeOffices Expands DC Footprint
The coworking company opened its seventh Washington, D.C, location by adding the 32,000-square-foot Logan Exchange to its portfolio. The building recently underwent a series of interior renovations.
NKF Tapped to Lease Trophy DC Office Building
The nine-story asset has received LEED Gold certification and is 75 percent leased to the Miller & Chevalier law firm.
IKEA Taps Linkous Construction for 2nd VA Location
The proposed 338,000-square-foot IKEA Norfolk is aiming for a ground breaking in the fall, with the official store opening in spring of 2019.
Hilton Grows DC Presence With Iconic Building
Loews Madison Hotel, built in 1963, became The Madison Washington DC, a Hilton Hotel. The 365-key building is located among Washington’s most popular attractions.
Chinese Investment in US Real Estate Likely to Slow
China’s new set of restrictions on foreign investment is expected to impact U.S. real estate. Morris, Manning & Martin’s Samantha Ahuja weighs in on the extent of the effect and the alternatives for Chinese investors.
Iron Mountain Opens NoVa Facility
The company opened its first data center in Prince William County, with three more scheduled for construction on the campus. The 165,000-square-foot, 10.5-megawatt facility is the company’s fifth U.S. data center.
Faros Lands $128M for 2 Pittsburgh Office Assets
HFF secured a five-year, floating-rate loan through Wells Fargo. The financing will be used for Nova Place, a 1.3 million-square-foot development, and 106 Isabella, a nearby vacant building.