Washington D.C.
Spear Street Gets 244 KSF Suburban D.C. Office Building for $64.4M
Acting on behalf of the California State Teachers Retirement System, Clarion Partners sold the asset at 1881 Campus Commons Drive in Reston, Va., to Spear Street Capital for $64.4 million.
District’s Neighborhoods Evolve as Hispanics Seek Affordable Housing
By Veronica Grecu, Associate Editor
According to Census Bureau data, Washington neighborhoods marked by a strong Hispanic presence are in for some major demographic changes, the Washington Examiner reported.
In neighborhoods noted for a high cost of living, such as Mount Pleasant and […]
Office, Data-Center Portfolio Sold for $138.5M in D.C. Area
Tysons East Metro Portfolio, a five-building complex encompassing approximately 310,800 square feet of office-and-data-center space in McLean, Va., has found a new home for the price of $138.5 million.
D.C. Students Resume Classes in State-of-the-Art High School Building
By Veronica Grecu, Associate Editor
A new high-tech, green high school is ready to welcome more than 800 students next week, when classes resume. H.D. Woodson Senior High School has just been inaugurated during an official ceremony held at 5500 Eads […]
$118M Refi for Two-Building Complex Near D.C.
HFF announced the $118M refi of the 626,004-square-foot Century Center in Crystal City, Va., a two-building complex with ground-floor retail.
Investors Plan Class A Office on Greyhound Site, Turn Century-Old Buildings into Condos
By Veronica Grecu, Associate Editor
First Potomac Realty Trust and Perseus Realty L.L.C. purchased the Greyhound Bus Terminal site at 1005 First St., N.E., in Washington, D.C., for approximately $46.8 million. The joint venture plans to develop 712,000 square feet of […]
Jamestown, EastBanc Invest in Georgetown Renaissance Portfolio
Jamestown and EastBanc announced a partnership to develop the 306,000 square-foot mixed-use Georgetown Portfolio in Washington, D.C.
First Potomac, Perseus Purchase D.C. Bus-Terminal Site for $46.8M Office Project
First Potomac Realty Trust and Perseus Realty L.L.C. have purchased the 1.6-acre Greyhound Bus Terminal site from FirstGroup PLC for approximately $46.8 million in order to develop a future office project.
Principal Takes NoMa Office Building for $149.5M; Kelley Drye Extends Lease in Georgetown
By Veronica Grecu, Associate Editor
Underscoring the continued strength of the capital’s office investment market, Capitol Plaza has traded to Principal Real Estate Investors L.L.C for $149.5 million, the property’s sellers, a joint venture of AREA Property partners L.P. and Van […]
D.C.’s Capitol Plaza Sells for $150M to Principal Real Estate Investors
One of the brightest spots in D.C., the NoMa district, has just seen its Capitol Plaza office building change hands to Principal Real Estate Investors, L.L.C., for $149.5 million.