Mid-Atlantic
Alex. Brown JV Lands Office Asset North of DC
The company bought the four-story office building with Washington Property Co. and plans to make capital upgrades to the property.
Brand New Marriott Lands in Richmond
The 91-key Fairfield Inn & Suites Richmond Midlothian will be managed by Williamsburg, Va.-based Newport Hospitality Group.
Prime DC Area Hotel Changes Hands
Hospitality REIT Carey Watermark Investors 2 acquired the 154-key property known before 2012 as Arlington’s Hotel Palomar.
Cybersecurity Firm Expands in Hampton Roads Area
Suffolk-headquartered Sera-Brynn has just opened its second office, and is looking to expand further.
Hines, Qatari Team Up on CityCenterDC Hotel
The development of the 360-key luxury hotel will cost approximately $250 million.
Under Amour Debuts Baltimore Manufacturing, Design Center
The sports clothing and accessories retailer has opened a cutting-edge manufacturing facility in its hometown.
Maryland Live! Expansion Coming in 2017
Tutor Perini is teaming up with The Cordish Cos. to build a $200 million hotel and event center at the state’s largest casino.
JLL Expands in Hampton Roads, Names VP
Tom Dunn, JLL Norfolk’s new vice president, will focus on retail leasing in Hampton Roads, Richmond and Charlottesville, Va.
Top 10 NYC Commercial Property Sales Recorded in May 2016
The stats are in, and the latest PropertyShark data shows which New York City properties recorded in May clocked in the top ranking sale prices. Keep reading and discover which borough dominated, which made a surprise run for the top, which property types are the hottest now, and who the big deal makers are. 1. 1285 Avenue of the Americas, Manhattan Sales Price: $1,649,000,000 Buyer: RXR 1285 Owner LLC Seller: 1285 LLC This is another monumental deal closed by RXR. The new owner inherits the UBS as a tenant for 900,000 square feet of this building. Originally designed by…
DC’s Most Famous Hotel is Back in Business
After a $125 million renovation, the prestigious Watergate Hotel is welcoming its first guests in nearly a decade.
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