Mid-Atlantic
Broe Real Estate Sells Metro DC Medical Pavilion
The 18-year-old property is situated in the city of Rockville, Md., and in the four years that the firm owned it, the building’s occupancy went from zero to 72.5 percent.
Excel Group Buys DE Marriott Hotel
The hotel opened at the beginning of this year and is located near downtown Wilmington offering convenient access to Philadelphia International Airport.
Divaris Expands Retail Leasing Portfolio in VA
The management company added five shopping centers totaling more than 300,000 square feet to its collection of properties in Hampton Roads.
Berkadia Secures $112M Loan for DC Portfolio
The company arranged construction financing for developer Foulger-Pratt for a self storage property in the NoMa neighborhood and a mixed-use development near Capitol Hill.
Rosenthal Properties Buys Suburban MD Warehouse
The 110,000-square-foot property in Frederick, Md., faces Interstate 70 and is fully occupied by Colonial Sash & Door, United Refrigeration Inc. and other companies.
DC Office High-Rise Changes Hands for $338M
Invesco Real Estate sold the 331,000-square-foot trophy building near the White House. Safety, Income & Growth Inc. originated a $150 million ground lease on behalf of the buyer.
Avison Young Names New SVP to DC Office
Matt Weber is joining the company’s capital markets group, focusing on finance and investment sales of multifamily, office, industrial and retail assets.
What’s Next for Amazon’s HQ2
Executives shed light on what the tech giant’s multi-billion investment means for Long Island City, N.Y., Crystal City, Va., and Nashville, Tenn.
It’s Official: Amazon Announces HQ2 Winners
JBG Smith will develop 4 million square feet for the e-commerce giant in Arlington, Va. Amazon will take another 1 million square feet at an office tower owned by Savanna in Long Island City, N.Y.