Washington D.C.
DC-Area Office Portfolio Changes Hands for $19M
Newmark Knight Frank’s Larry FitzGerald and Cole Spalding represented the seller in the deal.
Plamondon Hospitality Expands Home State Footprint
The Maryland-based company has added two Hilton-branded hotels to its management portfolio.
Broad Street, MedAmerica Close Merger’s First Phase
The newly formed company launches with a portfolio of nine grocery-anchored shopping centers totaling approximately 865,600 square feet in the Mid-Atlantic region.
NKF Arranges Sale of 178 KSF Office Property
The firm sold 2100 Reston Parkway in Reston, Va., to a joint venture of Moore & Associates and Harbert Management Corp.
Skanska Sells DC Office Building for $163M
The 234,00-square-foot property in the Capitol Riverfront submarket opened only last year.
Hoffman & Associates Reshuffles Leadership Team
Mark Dorigan is the company’s new CEO, while Executive Vice President Shawn Seaman is set to become president.
Virginia Storage Facility Receives $12M Financing
Working on behalf of Compson Development, Talonvest Capital arranged the loan to refinance a 599-unit storage property.
DC Office Building Trades for $23M
Choi Cos. sold the 90,000-square-foot property, which is directly across the street from Douglas Development’s 17-acre New City D.C. redevelopment project.
Foulger-Pratt, USAA Real Estate to Break Ground on $200M Tower
The companies are planning to deliver the 25-story Northern Virginia project in 2021.
Mission Rock Expands DC Management Portfolio
Hamilton Zanze acquired the 244-unit, Class A suburban community earlier in November.