Mid-Atlantic
ASB Real Estate Appoints New COO
Dean Cinkala, who has more than 34 years of real estate experience, will oversee the company’s transactions and asset management operations.
Richmond Retail Asset Sells for $22M
The 136,000-square-foot shopping center last traded some 20 years ago for more than $19 million.
DC-Area Office Portfolio Changes Hands for $19M
Newmark Knight Frank’s Larry FitzGerald and Cole Spalding represented the seller in the deal.
Plamondon Hospitality Expands Home State Footprint
The Maryland-based company has added two Hilton-branded hotels to its management portfolio.
Broad Street, MedAmerica Close Merger’s First Phase
The newly formed company launches with a portfolio of nine grocery-anchored shopping centers totaling approximately 865,600 square feet in the Mid-Atlantic region.
NKF Arranges Sale of 178 KSF Office Property
The firm sold 2100 Reston Parkway in Reston, Va., to a joint venture of Moore & Associates and Harbert Management Corp.
Skanska Sells DC Office Building for $163M
The 234,00-square-foot property in the Capitol Riverfront submarket opened only last year.
Hoffman & Associates Reshuffles Leadership Team
Mark Dorigan is the company’s new CEO, while Executive Vice President Shawn Seaman is set to become president.
Blackstone JV Closes Data Centers Acquisition in Virginia
Corporate Office Properties Trust sold a 90 percent stake in the assets to its six-month-old venture with Blackstone Real Estate Income Trust Inc.
Virginia Storage Facility Receives $12M Financing
Working on behalf of Compson Development, Talonvest Capital arranged the loan to refinance a 599-unit storage property.