Washington D.C.
Brookfield Refis Five Multi-Family Properties for $400M
In a deal arranged and closed by HFF, Brookfield Real Estate Financial Partners has secured a $400 million, seven-year, floating-rate refinance loan from M&T Realty Capital Corp. for a 2,600-unit multi-housing portfolio.
Donohoe to Start Work on Gallery of Bethesda
By Adrian Maties, Asscoiate Editor
Donohoe Construction Co. and Donohoe Development will start construction this month on the first phase of the Woodmont Central plan. Known as the “Gallery of Bethesda,” the residential and retail project will replace older commercial offices […]
RTC Partnership Plans to Reshape Reston’s Skyline
By Adrian Maties, Associate Editor
In spite of the high number of office vacancies along the Dulles Toll Road corridor, RTC Partnership L.L.C. plans to develop a high-end office tower at 1760 Reston Parkway. The proposed 418,000-square-foot mixed-use building would be […]
N.S.P. Ventures Purchases 236 KSF U.S. Mint Facility in D.C. for $148M
Japan-based N.S.P. Ventures has acquired 801 Ninth St., N.W., in Washington, D.C., a 236,000-square-foot building occupied in its entirety by the U.S. Mint, from the Netherlands-based Wereldhave USA for $147.5 million.
Jones Lang LaSalle Chosen by Howard Hughes Medical Institute as Facilities Manager for D.C.-Area Research Center
The Howard Hughes Medical Institute has selected Jones Lang LaSalle to provide facilities management at its 689-acre Janelia Farm Research Campus in Loudoun County, Va., about eight miles north of Dulles International Airport.
AREA Property Partners Takes 1,180-Unit Virginia Apartment Complex
AREA Property Partners, after targeting the Alexandria, Va., area late last year for apartment buys, is back in the area. The firm has purchased the city’s EOS 21, a 1,180-unit community, for an undisclosed price.
CBRE Lines Up $181M Financing for D.C. Office Project
CBRE Capital Markets has arranged $181 million in financing for the first two phases of Sentinel Square, an office development in Washington, D.C., that will eventually total 1.3 million square feet. CBRE arranged the funding on behalf of Trammell Crow, Crow Holdings Capital Partners and Cottonwood Partners.
Equinix to Invest $109M in D.C. Data Center Campus
By Adrian Maties, Associate Editor
Equinix Inc. (Nasdaq: EQIX), a provider of global data center services, has announced plans to invest $109 million into its data center operation in the Washington, D.C., area. Projects include a new International Business Exchange data […]
$75M Apartment Project Planned for Silver Spring
By Adrian Maties, Associate Editor
McLean, Va.-based apartment developer Insight Property Group L.L.C. and partner Nova-Habitat Inc. of Chevy Chase have chosen the site of the Postal Service’s Silver Spring Post Office for a 310-unit, $75 million Class A apartment project. […]
Insight Spends $75M to Transform Silver Spring Post Office into Apartments
Insight Property Group, along with partner Nova-Habitat Inc., has selected the USPS’s Silver Spring facility as the site of a 310-unit, $75 million apartment project.