Mid-Atlantic
Opportunity Zones Can Make a Great Deal Greater
At a recent event organized by Mazars, Dean Adler explained how his team aims to turn a closed power plant in Philadelphia into a 1 million-square-foot, mixed-use destination—with a little help from the IRS.
Work Starts on 750 KSF Logistics Center Near Baltimore
Atapco Properties has teamed up again with Chesapeake Real Estate Group to develop a pair of industrial buildings on a 52-acre site in White Marsh, Md. Delivery is slated for the first quarter of 2020.
St. John Properties Appoints SVP
Sean Doordan has been with the company since 2005. In his new role, he will oversee the acquisition, leasing, space planning, interior design and marketing departments.
Amazon Inks 48 KSF Lease for Northern Virginia HQ2
The new lease brings the company’s total leased space with JBG SMITH, its partner in the creation of the new headquarters, to 584,500 square feet.
Spaces Opens 2nd DC Location
The coworking space provider took up 51,000 square feet in a recently renovated Thomas Circle-area property featuring a new private rooftop terrace and concierge-level services.
Dominion Energy, Facebook Expand Solar Generation
The partnership will expand renewable energy generation by 350 megawatts in six solar projects slated to begin commercial operation gradually by mid-2020.
Pebblebrook Sells DC Hotel for $111M
A joint venture between Metrovest Equities and BLDG Management acquired the asset and plans to convert it into a YOTEL-branded property.
Healthcare Realty Trust Acquires 2 MOBs for $46M
The properties, which together total 158,338 square feet, are located on the Inova Fair Oaks Hospital campus in Fairfax, Va.
The Wharf Kicks Off Phase 2 in DC
The development team of Hoffman-Madison Waterfront expects to deliver the final segment of the 3.2 million-square-foot waterfront neighborhood in 2022.
Conrad Washington, DC Opens Doors
The 360-key property, developed by Hines and Qatari Diar at the gateway of the CityCenterDC mixed-use development, marks Hilton’s first luxury hospitality venue in the nation’s capital.