Mid-Atlantic
NKF to Lease Iconic DC Office Building
A joint venture between Boston Properties, Blackstone and Equity Office selected NKF to handle the leasing of Metropolitan Square. The company will also be in charge of marketing initiatives to rebrand and reposition the building.
Xenia Buys Arlington Hotel for $105M
The hotel is situated in one of the busiest upscale segments of Arlington county. The property recently underwent an $11 million renovation.
Waterton Enters DC Hotel Market
The company acquired the former Loews Madison, a 356-key downtown hotel with a rich history. The property, rebranded as The Madison, a Hilton Hotel, has undergone more than $75 million in capital improvements in the last 15 years.
University of Virginia to Open New Educational Facility
UVA will lease 40,000 square feet at Monday Properties’ 1100 Wilson Blvd. in Rosslyn, Va. The space will include stadium-style seating designed for networking events and other business and school-related functions.
JV Inks 81 KSF Lease for Upcoming DC Trophy Office Building
Morrison & Foerster signed an 81,300-square-foot lease at a planned 190,000-square-foot office building, bringing its occupancy level to 45 percent.
Layher Acquires Baltimore Facility
The transaction closed at $2.5 million. The company plans to relocate its northeast region office to the new property by the end of the year.
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.