Mid-Atlantic
Amazon Web Services Creates 1.5K Jobs in VA
The cloud services division of Amazon.com will take over the 406,855-square-foot Class A building at 13200 Woodland Park Road in Herndon, Va. One Dulles Tower features 406,855 square feet of office, 3,500 square feet of retail and a 10,000-square-foot data center.
Columbia Property Trust Completes Renovations at DC Office Building
The 285,000-square-foot 80 M St. in Washington, D.C. underwent a $3 million renovation that brought the building’s occupancy level to 94 percent.
Greysteel Tapped to Market Del Ray Properties
The assets located at 2903 Mount Vernon Ave. and 104 Hume Ave. incorporate an existing commercial garage and an office building. Both sites are currently zoned for small scale retail and office uses.
Iconic Waterside District Opens in Virginia
Following a $40 million investment, The Cordish Cos. and the city of Norfolk opened the Waterside District. The property is located along the Elizabeth River in downtown Norfolk.
Covington Lands 800 KSF Industrial Portfolio
The Dallas-based company purchased a 500,625-square-foot warehouse and distribution facility in Columbus, Ohio, and a 300,000-square-foot facility in Baltimore. The buyer plans to make improvements to the buildings.
Monday Properties Closes $888M NoVa Refi
The financing includes a future funding facility that will provide significant capital to meet additional long-term strategic investments and support tenant needs.
Marcus & Millichap Secures DC Mixed-Use Asset
The Transit Employees Federal Credit Union sold the 4,374-square-foot mixed-use facility located in Washington, D.C. The property features a sublevel and mezzanine space for retail, office or multifamily conversions.
Avison Young Brokers $20M Sale of 2 DC-Area Industrial Assets
The properties totaling 245,888 square feet were sold by CIM Group and purchased by Beckham Gumbin Ventures. The buildings are close to key employers, such as the CIA and CACI International.
Indian Company to Invest $35M in Virginia R&D Facility
Granules India Ltd., through its wholly owned subsidiary Granules Pharmaceuticals Inc., will expand its pharmaceutical R&D and manufacturing operations at the company’s 100,000-square-foot plant in Fairfax County.
Lidl Announces Opening Date for U.S. Stores
The company is opening supermarkets in North Carolina, South Carolina and Virginia. By the summer of 2018, Lidl plans to operate 100 stores across the East Coast, creating 5,000 jobs.