Mid-Atlantic
LTD Hospitality Opens Renovated Holiday Inn in Virginia
The company has revamped the 183-key Newport News hotel it acquired in 2016, transforming it into an IHG property.
Grubb Properties Enters DC Market
Special servicer C-III Asset Management represented U.S. Bank in the disposition of Argon Plaza in Fairfax, Va. The distressed office building changed hands in a $38.8 million deal.
Atlanta-Area Storage Facility Sells for $19M
Stein Investment Group has traded Space Shop Self Storage, located in suburban Atlanta. Marcus & Millichap represented the seller and procured the buyer.
Finmarc Continues DC-Area Expansion With 115 KSF Mixed-Use
Stone Industrial Campus in College Park, Md. traded for $6.2 million. The property comprises a manufacturing building, a warehouse and an office component.
Sotherly Buys $81M Hyatt Centric in VA
Berkadia’s Hotels and Hospitality Group facilitated the sale and arranged financing for the acquisition of the 318-key Hyatt Centric Arlington.
Land Services USA Expands New Maryland Office Team
Shawn Goldfaden brings extensive title and finance experience, while Christina Frankenberg has more than a decade of real estate transactions expertise.
JV Buys Class A Office in Downtown DC
Following the $100 million acquisition, DSC Partners and Wafra Inc. intend to reposition the 178,000-square-foot asset with a $5 million upgrade program.
JPMorgan Chase Buys DC Building for Regional HQ
JBG Smith sold the 231,000-square-foot Class A office asset in the city’s CBD for $140 million. The global financial services giant is expected to move in by 2021.
Baltimore-Area Storage Facility Breaks Ground
The new YourSpace Storage, located in Notthingam, Md., will feature 939 units. The storage space is expected to open by late fall 2018.
New MD SpringHill Suites by Marriott Opens
The four-story, 120-key SpringHill Suites Baltimore White Marsh/Middle River is 25 miles from the Baltimore Washington Airport and offers amenities such as a fitness center, meeting space and swimming pool.