Mid-Atlantic
Baltimore’s Port Covington Gets New VP of Community Affairs
Marc Broady, who brings more than a decade of experience in civic and community involvement, will lead ongoing initiatives for the developers of the mixed-use project.
Comstock Lands Anchor Tenant for DC-Area Tower
Neustar will move its global headquarters to an upcoming, 185,000-square-foot office tower in Reston, Va.
JLL Arranges Sale of 3 Maryland Shopping Centers
DLC Management Corp. and Acadia Realty Trust purchased two assets in Frederick, while Continental Realty Corp. is the new owner of a 331,833-square-foot retail property in Hagerstown.
What to Expect From Baltimore’s Office Market
Merritt Cos. CEO Scott Dorsey discusses the most attractive suburban areas for investment, as well as the influence of new office product on existing stock.
EQ Office Sells Washington Asset for $231M
The investment vehicle of Spanish tycoon Amancio Ortega acquired the asset just north of the White House from the Blackstone affiliate.
Trammell Crow JV Breaks Ground on Maryland Medical Pavilion
The partnership began work on a seven-story, 169,000-square-foot facility at White Oak that is slated for a February 2020 opening.
Hines, Oaktree Capital Management Make $93M Arlington Deal
JLL represented Westbrook Partners in the disposition of the 178,700-square-foot building and orchestrated an acquisition loan for the buyer.
Virginia Data Center Lands $67M Refi
Element Critical will use the proceeds to expand the facility, which is located in the world’s largest data center market.
New Owner Eyes Upgrade for Coastal Virginia Retail Center
American Commercial Realty plans to reposition the 28-year-old retail center in Chesapeake, Va.
Biotech Firm Opens HQ in Virginia
The space is part of the first building completed within Tech Center Research Park and includes manufacturing, R&D and office space.