Mid-Atlantic
Crystal City Office Tower Sells for $100M
Newmark Knight Frank represented Beacon Capital Partners in the disposition of Presidential Tower, a 349,303-square-foot building situated near the future home of Amazon HQ2.
Baltimore Retail Center Trades for $16M
The 129,242-square foot Governors Commons was 100 percent leased at the time of sale. The asset is close to both Interstate 97 and Arundel Expressway.
Amazon Details HQ2 Plans in Crystal City
The first phase of construction for the tech behemoth’s Crystal City campus includes the redevelopment of vacant warehouses into 2.1 million square feet of office space.
Edge Commercial Real Estate Brokers 47 KSF Office Lease in VA
Partner & Regional Director Scott Rabin and Vice President Todd McManus worked on behalf of the owner, Washington REIT. A team from Avison Young represented the tenant.
WeWork Inks 200 KSF in NYC, DC Coworking Deals
The coworking giant announced it will lease out 111,000 square feet in a new premium office property near Capitol Hill, a day after unveiling a revenue-sharing partnership with RXR Realty at a Rockefeller Center property.
Newmark Knight Frank Chosen to Lease DC Office
GreenOak Real Estate owns a 309,000-square-foot Class A property near Dupont Circle. The company purchased the asset from The Carlyle Group for $174.5 million last year.
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.