Mid-Atlantic

Hernon Corporate Center, Hernon, Va.

Northern Virginia Office, Industrial Portfolio Commands $90.5M

First Potomac Realty Trust sold a 26-building Northern Virginia portfolio to Finmarc Management.

Nordstrom Rack Store Coming to Washington, D.C.

A 37,000-square-foot Nordstrom Rack store will open in Washington, D.C., in the fall.

Alan Vaughan, SVP, Capital Markets, CBRE|Richmond

CBRE|Richmond Appoints SVP, Capital Markets

As senior vice president, Vaughan will focus on the acquisition and disposition of investment properties, while also offering customers capital market solutions.

D.C. Hospital to Move Ahead with $567M Expansion

The MedStar Georgetown University Hospital has reportedly reached a new milestone in its plan to renovate and expand its current facility in Washington, D.C.

Paul Kang, VP of retail acquisitions, Continental Realty Co.

Paul Kang Moves up the Ladder with Continental Realty

Meet Paul Kang, Continental Realty’s new vice president of retail acquisitions.

Hampton Inn & Suites Richmond Downtown | (c) 2016 Hampton

244-Key Hilton Lands in Downtown Richmond

The dual-branded Hampton Inn & Suites and Homewood Suites by Hilton Richmond – Downtown is just a 10-minute walk from Virginia’s largest convention center.

The former JCPenney building, Military Circle Mall, Norfolk, Va.

Movement Mortgage Relocates Largest Operations Center, Expands

Movement Mortgage’s relocation from Virginia Beach, Va., to neighboring Norfolk will transfer 550 employees and make room for 200 new hires.

Rubenstein Readies Suburban D.C. Office Property for Renovation

Newmark Grubb Knight Frank and Rosenthal Partners will handle leasing efforts for the 365,000-square-foot mixed-use asset in Northern Virginia.

Microsoft Partners with Commonwealth of Virginia, Dominion on 20 MW Project

Microsoft announced their partnership with Commonwealth of Virginia and Dominion Virginia Power to build a new facility that will bring 20 megawatts of solar energy onto the grid in Virginia.

787 Seventh Ave., Manhattan

Top 10 NYC Commercial Property Sales Recorded in February 2016

A round-up of last month’s top 10 commercial property sales in the Big Apple.