Mid-Atlantic
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.
JBG SMITH Sells $43M Washington, DC Office Building
The company initially acquired the property in 2011 as part of a portfolio transaction. At the time of the current sale, the building was 92 percent occupied.
Frederick, MD, Awarded LEED Certification
Frederick, Md., received the basic LEED-Certified recognition with a total of 48 points, while Frederick County was also awarded a LEED Silver certification.
Amazon Adds to Renewable Energy Footprint
All told, Amazon has 66 renewable energy projects with a capacity to generate 1,342 megawatts.
Trammell Crow to Develop 700 KSF Baltimore Distribution Facility
Along with partner Diamond Realty Investments, the developer secured construction financing for the project. North East Commons, located in a Maryland Enterprise Zone, will be eligible for tax credits.