Mid-Atlantic
Premier Workspaces Takes 2nd DC Office
Starting next month, the flexible space specialist will occupy a full floor at a Golden Triangle property owned by LaSalle Investment Management.
Washington Capital Acquires Bethesda Office Property for $45M
The 1964-constructed building received a full renovation in 1997 and an Energy Star certification in 2010. A diverse set of tenants currently occupy 96 percent of The Fairmont Building.
Lee & Associates Opens New DC, Northern Virginia Office
The brokerage company hired Josh Simon as president and Pierce Kruetzer as principal for the newly opened regional branch, where they will oversee growing the team.
Northern Virginia Flex, Office Portfolio Trades for $44M
Minkoff Development purchased the five-building, 317,800-square-foot asset from Maguire Hayden Real Estate Co. The properties are part of the Avion Business Park, just south of Dulles International Airport.
USAA Real Estate Secures $140M for DC Trophy Building
JLL Capital Markets facilitated the transaction for 700 Sixth St., a 300,000-square-foot office property in Washington, D.C.’s East End submarket.
CommonGrounds Signs 30 KSF Lease in Downtown DC
The coworking company will occupy an entire floor at the Class A office building, marking its first flexible workspace in the market, set to open in early 2020.
Washington-Area Office Asset Commands $153M
USAA Real Estate Co. bought the highly secured Class A property in Arlington, Va. The building is 99 percent leased to the U.S. government.
EXAN Capital Buys DC Trophy Office Asset for $119M
Akridge and Alcion Ventures sold the 104,000-square-foot property at 1701 Rhode Island Ave. NW, formerly known as the YMCA National Capital building. Coworking giant WeWork occupies the entire structure.
Dominion Energy Begins Work on Offshore Wind Project
The first phase of construction takes place onshore and consists of the installation of a half-mile conduit that will hold the final stretch of cables connecting two 6 MW turbines.
KKR Buys 566 KSF Multi-State Industrial Portfolio
By acquiring the five facilities in Baltimore, San Diego and Huntington Beach, Calif., the company grew its industrial portfolio to 8 million square feet nationwide.