Washington D.C.
Cuts Could Delay Homeland Security Move to St. Elizabeths Hospital Campus
By Veronica Grecu, Associate Editor
Federal authorities’ decision to cut financing for the Department of Homeland Security could delay the redevelopment of the former St. Elizabeths Hospital campus to Anacostia for use as the DHS headquarters. Move-in had been planned for 2017.
Delays […]
In Search of New Retailers in D.C.
By Veronica Grecu, Associate Editor
The first Wegmans grocery store might finally open in the District. City officials have been trying for years to attract the chain but could not provide a site large enough to accommodate the store. Now, with […]
A Greener D.C.
By Veronica Grecu, Associate Editor
Green building in the nation’s capital isn’t just for big office buildings.
In an attempt to consolidate its presence in the Washington, D.C., region, Safeway Inc. will open a 58,000-square-foot store in Tenleytown. The Pleasanton-based company will […]
CoStar Headquarters Commands $101M
In a sale-leaseback deal, an affiliate of GLL Real Estate Partners GmbH bought the 169,000-square-foot property just one year after CoStar acquired it from the Mortgage Bankers Association for $41 million.
Washington Office Building Commands $137M in Sale to Joint Venture
Carr Properties, the Canada Pension Plan Investment Board and MetLife bought the 341,433-square-foot asset from Tishman Speyer.
Boston Properties Wins 500,000-SF GSA Lease in Virginia
By Barbra Murray, Contributing Editor In the latest government lease to bolster the Northern Virginia office market, the General Services Administration has taken more than 500,000 square feet for the Defense Intelligence Agency (DIA) at a Patriots Park in Reston, Va. Under a 20-year deal with Boston Properties, the park’s owner, DIA will occupy about 520,000 square feet at Patriots Park, which is located about 20 miles west of Washington, D.C. “This will be a consolidation of DIA groups from various locations throughout Northern Virginia,” Leroy W. Battle, transaction manager with commercial real estate services firm CB Richard Ellis…
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