Washington Real Estate Investment Trust

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Washington REIT Sells $485M Retail Portfolio

First Washington Realty acquired the 800,000-square-foot group of five grocery-anchored shopping centers in high-income neighborhoods of the Washington, D.C., area.

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J Street Welcomes Industry Veteran

Mike Balaban joined the Washington, D.C.-based company as development executive. Previously, he headed Lowe Enterprises’ non-hospitality East Coast activities.