Washington D.C.
Pebblebrook Sells DC Hotel for $111M
A joint venture between Metrovest Equities and BLDG Management acquired the asset and plans to convert it into a YOTEL-branded property.
Healthcare Realty Trust Acquires 2 MOBs for $46M
The properties, which together total 158,338 square feet, are located on the Inova Fair Oaks Hospital campus in Fairfax, Va.
The Wharf Kicks Off Phase 2 in DC
The development team of Hoffman-Madison Waterfront expects to deliver the final segment of the 3.2 million-square-foot waterfront neighborhood in 2022.
Conrad Washington, DC Opens Doors
The 360-key property, developed by Hines and Qatari Diar at the gateway of the CityCenterDC mixed-use development, marks Hilton’s first luxury hospitality venue in the nation’s capital.
Georgetown University Buys Downtown DC Office Asset
In a nimble change of strategy, Office Properties Income Trust sold 500 First St. for $70 million rather than proceeding with a planned renovation of the soon-to-be-vacant building.
Law Firm Relocates MD HQ
By 2020, Stein Sperling Bennett De Jong Driscoll will move 150 employees to The Tower Building, a LEED Gold-certified office asset in Rockville, Md.
Full Speed Ahead for Amazon HQ2 in Northern Virginia
JBG SMITH’s development in Arlington has reached a major milestone by receiving approval of all government incentives and investment packages negotiated for the project.
EDGE Hires New Property Management Director
Christina Martin joins the Washington, D.C.-focused firm’s team, building on more than 15 years of asset management experience with Investment Properties.
CIM Group, Carr Buy DC-Area Hotel
The two companies teamed up to acquire the 12-story, 254-key Crowne Plaza Hotel Alexandria, situated on the Potomac River.
Alteon Health Relocates Maryland HQ
The health care solutions provider has leased more than 24,000 square feet at Milestone Business Park in Germantown, with J Street Cos. assisting the tenant in the transaction.