Mid-Atlantic
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.
C&W Adds New Tenant to VA Office Tower
Barry Ward and Price Gutshall of Cushman & Wakefield | Thalhimer’s Roanoke office represented the landlord in the lease negotiations.
Baltimore-Area R&D Park Welcomes New Tenants
St. John Properties inked two new leases totaling more than 30,000 square feet at its 44-acre Riverside Technology Park in Frederick, Md., bringing the campus to 90 percent occupancy. The campus is now 90 percent leased.
McKnight Realty Lands $42M in Pittsburgh Office Refi
HFF secured a first mortgage loan through Starwood Mortgage Capital and a mezzanine loan through Morrison Street Capital for a Class A office tower located in the city’s central business district.
Perkins+Will Hires Director of Business Development
Brigitte Beltran will be in charge of identifying and implementing workplace strategies for corporate clients. She will collaborate with the company’s director of interior design and the science and technology regional practice leader.