Mid-Atlantic
Saks OFF 5TH Enters D.C. Market
The first Saks Fifth Avenue Off 5TH store will open in Washington, D.C., this fall.
Normandy Real Estate Reports Purchase of D.C.’s National Press Building
The iconic building in the East End sold to Normandy Real Estate Partners for $155 million.
Jefferson Apartment Group Acquires Community in Booming D.C. Suburb
Somerset Park Drive, a six-building, 108-unit multifamily community bought by JAG, offers quick access to high density office clusters around North Virginia.
Multiple Organizations Pledge $69M in Local Investments for Charm City
Put together, the BLocal companies expect to invest at least $53 million in renovation and construction projects during the next three years.
Columbia Pockets Tidy Sum on Baltimore Office Sale
Columbia Property Trust sold a 653,000-square-foot trophy office building in Baltimore for $187 million.
JLL Tapped as Exclusive Office Broker for Baltimore’s Massive Harbor Point Development
JLL’s initial efforts will focus on finding an anchor tenant for Wills Wharf, a building that will showcase 220,000 square feet of office and a 156-key Hilton Canopy Hotel.
Top Addition for Walker & Dunlop’s CMBS Platform
Veteran Mitch Resnick, former Freddie Mac and Goldman Sachs VP, joins Walker & Dunlop Property Funding LLC as managing director.
Richmond’s $150M James Center Gets New Leasing, Management Rep
Sitting at 901, 1021 and 1051 E Cary St., in the heart of the city’s financial district, the three buildings offer a total of nearly one million square feet of Class A office space.
670 KSF Class A Corporate Park Commands $146M in D.C. Area
The four Pacific Corporate Park buildings are located next to AOL’s Dulles headquarters and just a few miles north of Dulles International Airport.
American Real Estate Recruits Veteran as COO
In his new position, James Walker will oversee the company’s operations and strategy, as well as contribute to shaping financing and investment plans.