Mid-Atlantic
Lowe, JBG Partner on Mixed-Use Development in Nation’s Capital
The Fort Totten project will offer residential and retail space and be positioned as a transit-oriented development.
Monday Properties to Develop Virginia’s First LEED Platinum Property
Lean and green is the order for Monday Properties’ newest development, a $300 million, 35-story building in Rosslyn.
Denholtz Completes 311,876 SF of Leasing in Second Quarter, with Renewals Showing Particular Strength
According to Denholtz CEO Steven Denholtz, the firm is optimistic that this pace will continue.
Work Underway on $202.7M FDA Building Outside Washington, DC
The project is part of the General Services Administration’s nearly $1.2 billion FDA headquarters consolidation endeavor.
Ground Broken on $200M National Cancer Institute Project in Suburban Washington, D.C.
Construction kicked off on Sept. 1.
Leaguers’ 100,000 SF Headquarters Completed
One of New Jersey’s largest nonprofit community organizations has a place to call home.
Canyon-Johnson Equity Paves Way for New Baltimore-Area Mixed-Use Project
The Oxford Square transit-oriented development project in Hanover, Md., just got a substantial boost–in the form of preferred equity capital totaling $17.5 million from Canyon-Johnson Urban Funds. And while mixed-use projects are hardly rare in the area today, BRAC promises to increase demand in the near future.
Brandywine Snaps Up 1MSF Philly Office in $129M Deal
Three years ago, the entire industry would have scoffed at the idea of acquiring the leasehold interest in a premier 1 million-square-foot Philadelphia office building for a measly $129 million, but Brandywine Realty Trust has succeeded in doing just that.
Akridge Lands 120,000-SF D.C.-Area Government Office Property in Steal of a Deal
Now that Akridge and Rockwood have taken the property off the hands of the U.S. General Services Administration, the federal government’s real estate division, the team plans to submit the building to a major upgrade in order to mold it into a Class A office facility.
MGM Resorts to Pocket $73M on Sale of Ground Leases and Land at Atlantic City’s Borgata
Having reached an agreement with Paramus, N.J.-headquartered REIT Vornado Realty Trust and Los Angeles-based Geyser Holdings, MGM Resorts International has taken the next step in the planned disposition of assets at The Borgata Hotel Casino & Spa.