Mid-Atlantic
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.
Savills Arranges HQ Relocation for imre
The marketing communications agency will move to Court Towers in Towson, Md., after more than 26 years spent in Sparks.
NJ Selects Ørsted for 1.1GW Ocean Wind Project
During the development and the three-year construction phases, the offshore wind project is expected to create more than 3,000 direct jobs annually.
Richmond Industrial Facility Trades in $9M Deal
CBRE brokered the sale-leaseback transaction on behalf of locally based seller Pohlig Brothers Packaging. STAG Industrial Holdings purchased the 110,000-square-foot asset.
St. John Properties Adds New VP of Leasing
Matt Lenihan has joined the company in 2001 and previously served as its assistant vice president of leasing, leasing agent and construction manager.