Mid-Atlantic
Go Store It Acquires Richmond-Area Asset
The firm expanded its portfolio with a 348-unit self-storage property located in Moseley, Va., roughly 23 miles from downtown Richmond.
FRP Outlines Development Strategy Following Industrial Asset Sale
The company sold 40 warehouse properties and three land parcels to Blackstone Real Estate Partners for more than $300 million in May and is now focusing on mixed-use and value-add deals.
Interstate Hotels to Manage DC Luxury Asset
Junson Capital picked up the recently renovated, 15-story, 319-key Westin Alexandria in January for $76.5 million from Chartres Lodging Group.
Calkain Arranges $6M Sale of VA Shopping Center
Sycolin Corner Strip Center in Leesburg comprises 13,837 square feet and is anchored by a 9,300-square-foot Kiddie Academy. Other tenants include Sandy Nails & Spa, Hunan Cafe and Sycolin Cleaners.
Klein Enterprises Expands Baltimore Office Footprint
The company has acquired 7152 Windsor Blvd., a 57,855-square-foot, 1980s vintage building in Rutherford Business Park, boosting its commercial portfolio to more than 2.1 million square feet.
Dollar Tree Opens 11th Baltimore Location
The Fortune 200 company will take up more than 14,000 square feet at Loch Raven Shopping Center in Towson, Md., joining a roster of tenants comprising Subway and Wells Fargo.
Sentinel Data Centers Buys Massive Parcel in Metro DC
JLL has arranged the sale of the 280-acre Washington Dulles Gateway site in Northern Virginia, working on behalf of a private partnership that had controlled the property for decades.
Douglas Development Lands $53M for DC Office Building
Natixis originated the loan that will be used to refinance the existing construction loan for 1000 F St. NW, and provide capital for tenant improvements.
DC Spec Office Project Secures $95M Construction Loan
Working on behalf of The Lenkin Co., Cushman & Wakefield arranged a construction loan for 1050 17th St., a 154,000-square-foot speculative development in the city’s central business district.
Velocis, Katz Acquire MD Retail Center
Brandywine Crossing comprises roughly 231,000 square feet and is anchored by four major retailers. This purchase marks the firm’s fifth investment in the Washington, D.C., metro.