Mid-Atlantic
D.C. Office Building Commands $180M
Investcorp partnered with ScanlanKemperBard on the acquisition of a luxury office building in Washington, D.C.
Major Renovations in Plan for Towson, Md. Shopping Plaza
Greenberg Gibbons is ready to break ground on a $20 million makeover of The Shops at Kenilworth in affluent Towson, Md., on Baltimore’s north Beltway.
Mostly Manhattan
Here are NYC’s top 10 commercial deals recorded in January 2016, a list dominated by both office and retail buildings in Manhattan: #10 329-331 Canal St., Manhattan Sale price: $24,000,000 Buyer: 6 Greene Realty Owner, LLC Seller: 6 Greene Street Associates, LLC This loft building located in SoHo’s Cast Iron Historic District offers 13,500 office square footage. It was acquired by 6 Greene Street Associates LLC in 1995 for an undisclosed price. #9 522-524 Fulton St. & 526-528 Fulton St., Brooklyn Sale price: $30,000,000 Buyer: CA 522 Fulton LLC, c/o Crown Acquisitions Inc. Seller: Bldg 522 Fulton LLC…
WoodSpring’s Signature Prototype Brand Coming to Pittsburgh
A new 124-key hotel targeted to extended-stay travelers will open under the WoodSpring Suites Signature brand in Cranberry during this year’s fourth quarter.
Philanthropist’s Gift Earmarked to Restore Lincoln Memorial
David Rubenstein has donated $18.5 million to the National Park Foundation for the restoration of the Lincoln Memorial in Washington, D.C.
Trio of DC Office Buildings Command $45M
Urban Investment Partners paid $45 million to acquire three Class C office buildings in Washington, D.C., from American University.
National Historic Landmark Becomes First Curio by Hilton in Virginia
The historic 330-key Hotel Roanoke and Conference Center, nested in Virginia’s Blue Ridge Mountains, is ready to join the upscale Curio by Hilton brand.
Tysons Overlook Changes Hands for $92.5M
The Pentagon Federal Credit Union acquired a trophy office building in suburban Washington, D.C., from Logistics Management Institute.
Bank of America Office Tower Sells in Richmond
An undisclosed private investment group purchased the Bank of America office tower in Richmond, Va., from Gramercy Realty.
Dominion Cove Point Plans Patuxent Warehouse and Office
While expanding its operations in the area, Dominion purchased land in the Patuxent Business Park with plans to build a 50,000-square-foot warehouse/office space.