Mid-Atlantic
Investors to Remain Disciplined in 2017
Avison Young’s John Kevill exclusively discusses the key factors influencing the capital markets in 2016, and how they will impact investor decisions next year.
Sagamore Development Unveils Port Covington at ICSC
A $5.5 billion redeveloped Port Covington will mean thousands of new jobs, businesses, better transit, 42 acres of parks, new space for manufacturing, innovation and entrepreneurship, as well as new ways to reach the waterfront for Baltimore City residents.
Hilton Board Greenlights Separation of Businesses
The hotel giant will spin off its Hilton Grand Vacations timeshare division and Park Hotels & Resorts into two independent companies.
American Woodmark Invests $30M to Consolidate Virginia HQ
Virginia Economic Development Partnership worked with Frederick County to secure the project and Governor Terry McAuliffe approved a $550,000 grant from the Commonwealth’s Opportunity Fund to assist the county.
Roadside Development, NASH Snag Fannie Mae HQ
The developers are eyeing mixed-use redevelopment after paying $89 million for the GSE’s property.
UVA Hospital Overhauls Charlottesville Campus
Skanska USA is in charge of the $142 million renovation and expansion, which is scheduled for completion in 2020.
CVMC REIT II Grabs Data Centers in Northern VA
With the $85 million purchase of the McLean Data Center portfolio, the REIT now has a footprint in one of the top data center markets in the country.
Ruppert Properties Acquires Baltimore Industrial Park
The multi-tenant buildings were 90 percent leased at the time of the transaction.
Petrie Richardson Opens Dave & Buster’s at Ellsworth Place
The 350,000-square-foot indoor retail center is located in Silver Spring, Md.
Lidl Buys Land for Another NoVa Location
The German retail giant continues its expansion in Virginia with another store in the Fredericksburg area.