Mid-Atlantic
Full Speed Ahead for Amazon HQ2 in Northern Virginia
JBG SMITH’s development in Arlington has reached a major milestone by receiving approval of all government incentives and investment packages negotiated for the project.
EDGE Hires New Property Management Director
Christina Martin joins the Washington, D.C.-focused firm’s team, building on more than 15 years of asset management experience with Investment Properties.
JV Sells Fully Leased Office Building in Richmond
Cushman & Wakefield | Thalhimer’s Capital Markets Group brokered the $7.5 million sale of Windsor I, a single-story building within the 62-acre Windsor Business Park.
Rosenthal, PGIM Buy Richmond-Area Retail Portfolio for $125M
The companies have formed a joint venture to acquire the 745,000-square-foot collection of five grocery-anchored shopping centers from Marchetti Properties.
KBS Inks 196 KSF Lease Renewal in Baltimore
Morgan Stanley has been anchoring the 260,000-square-foot Thames Street Wharf since it was completed in 2010. The building is part of the 27-acre Harbor Point project.
CIM Group, Carr Buy DC-Area Hotel
The two companies teamed up to acquire the 12-story, 254-key Crowne Plaza Hotel Alexandria, situated on the Potomac River.
Guardian Realty Investors Sells VA Office Campus
Twin Oaks, a two-building property totaling 170,000 square feet of Class A space in Norfolk, changed hands in a $24.9 million deal.
Alteon Health Relocates Maryland HQ
The health care solutions provider has leased more than 24,000 square feet at Milestone Business Park in Germantown, with J Street Cos. assisting the tenant in the transaction.
Saban Sells, Buys $600M in Office Assets
The investment firm sold a 1.5 million-square-foot national portfolio and, as part of its strategy to acquire government-occupied properties, purchased a 340,000-square-foot building in Washington, D.C.
Port Covington’s Impact on the Baltimore Office Market
Weller Development President Marc Weller contends that strategically located projects can attract new businesses and bolster leasing activity, despite Baltimore’s recent oversupply struggles. He also shares future plans for the 235-acre megadevelopment.