Regions
DC-Area Office Asset Trades for $79M
Atlantic Realty and Angelo, Gordon & Co. plan to complete a $6 million renovation program at the newly purchased complex.
BGL Completes $20M Financing for Cambria Hotel Development
The financing will support Ceres Enterprises and The Orlean Co.’s third development of Choice Hotels’ Cambria brand.
NGKF Closes Sale of Delta Pointe’s Lot 7
Delta Pointe at Silver Spring is a mixed-use development featuring 12 parcels that range from 2 to 9+ acres.
Economy Watch: Construction Spending Drops in September
Both the private and public sector saw a drop in spending on new projects.
CBRE Appoints New Senior VP, Chief Tax Officer
With more than 25 years of international tax experience, Barber joins CBRE from Tyco International, where she also held both leadership positions.
Phoenix Arizona Center to Undergo $25M Revamp
The Class A, 16-acre mixed-use campus is slated for completion in early 2017.
High Desert Industrial Facility Completed by Stirling
The facility is already fully leased to Arden Cos. and Newell Brands.
Vornado to Spin Off DC Portfolio in $8.4B Merger with JBG
The combined company will be named JBG Smith Properties and is expected to become the largest real estate firm in Washington, D.C.
DC Office Building Commands $142M
Alduwaliya Asset Management acquired the 317,248-square-foot asset with the help of HFF.
OliverMcMillan Names Michael O’Hanlon COO, Promotes 2 Execs
Former REIT executive will oversee acquisitions and development activities.