Mid-Atlantic
Penn State, Lightsource BP Break Ground on 70MW Solar Project
Touted as the largest solar development in the state, the facility is set to incorporate environmentally conscious design elements.
Rolls-Royce Relocates Corporate HQ
The company’s North American division is moving to a Class A building at Reston Plaza, a 40-acre transit-oriented development.
Work Begins on Virginia’s Tallest Timber Building
Apex Clean Energy’s new headquarters, scheduled for completion by mid-2021, will feature a wide array of sustainable features.
PS Business Parks Receives $149M for Metro DC Assets
The investor sold a 1.3 million-square-foot portfolio at three locations in suburban Montgomery County.
AREP Grows DC-Area Office Footprint
The New York-based company paid $71 million for a 213,000-square-foot asset in McLean, Va.
Baltimore Office Building Trades for $99M
Inland Private Capital Corp. sold the Bank of America-occupied asset in the suburb of Hunt Valley.
Downtown DC Office Sells for $70M
Credit Suisse purchased the 134,964-square-foot building for twice the price it traded for in 2003. JLL advised the seller in the deal.
Watergate Office Building Changes Ownership
The buyer of the historic property plans further improvements, which include the addition of a Nixon museum.
Washington’s Wharf Lands Record $847M Financing
The partnership behind the 3.2 million-square-foot project closed on the financing with Goldman Sachs. Construction on the second phase began in March.
Paramount Sells Trophy DC Office Building for $155M
The REIT disposed of the 172,000-square-foot Liberty Place and intends to use the proceeds to fund its other ventures, including the acquisition of Market Center in San Francisco.