Mid-Atlantic
DC’s Landmark Washington Harbor Property Sells for $415M
Acting on behalf of a consortium represented by Principal Real Estate Investors, HFF secured Global Holdings Management Group as a buyer for the 560,000-square-foot office and retail asset.
JV Celebrates Milestone for 4.2 MSF DC-Area TOD
The Meridian Group and Kettler have topped out on the structures comprising the 1.7 million-square-foot first phase of the transit-oriented development in Tysons, Va.
Griffin-American REIT Buys $24M MOB in Seattle
Virginia Mason Health System and Swedish Health Services are among the tenants of the 1991-built property. The buyer financed the acquisition using cash on hand and borrowings.
JV Acquires 350 KSF DC-Area Retail Center
GBT Realty Corp. teamed up with Equity Resource Investments and Avante Financial Group to buy Ellsworth Place in Silver Spring, Md. The asset was 93 percent leased at the time of sale.
MCR Buys $18M DC-Area SpringHill Suites
Located in Fairfax, Va., the 140-key hotel underwent $1.4 million worth of renovations last year. The six-story building dates back to 2009.
DC-Area Hyatt Regency Changes Hands for $47M
Situated near Dulles International Airport, the 316-key, 13-story hotel includes a 29,000-square-foot Executive Meeting Center, built in 2014. HFF arranged acquisition financing for the new owner.
NKF Capital Markets Arranges Sale of MD Hilton
The 301-key Hilton Washington North Gaithersburg offers a swimming pool and a fitness center. The property is set to undergo an extensive renovation plan under the new owner.
Record-Setting Skylight Rings a Bell
The nation’s largest such solar installation crowns a reinvented New Jersey landmark.
Lee & Associates Hires New Investment VP
Working out of the company’s Columbia, Md. office, Brian Streilein will focus on mid-market commercial office, industrial and flex office investment property sales.
Warfield Cos. Buys, Rebrands Historic Complex
The property comprises 12 buildings, three of which have been renovated and leased. The new owner will add a strong residential component and rename the complex Warfield at Historic Sykesville.