Mid-Atlantic
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.
ACORE Capital Provides $182M Refi for DC’s Portals III
The owner of the mixed-use property will use the loan to refinance an existing loan, lease up available spaces and fund capital improvements.
Normandy Sells DC Office Building for $105M
The seller had purchased the I.M. Pei-designed property out of foreclosure a little more than a year ago.
Transwestern Healthcare Hires Vice President in DC Office
The new hire will advise owners and users of medical office space on acquisitions, dispositions and leasing.
Boulder Group Arranges Virginia 7-Eleven Sell
The property located in Fredericksburg is fully leased through June 2032.