Washington D.C.
DC-Area Retail Plaza Sells for $20M
Fortuna Center Plaza is a nearly 105,000-square-foot, grocery-anchored shopping center located in Northern Virginia. The more than $20 million deal was arranged by NKF Capital Markets.
ASB Fund Sells DC Trophy Building for $144M
Masaveu Real Estate US, an affiliate of internationally diversified Spanish conglomerate Corporacion Masaveu S.A., is the new owner of the 900 G St., N.W., office property in the city’s East End.
USAA, Lowe Snag VA Office Complex
Park Center in Alexandria comprises three adjacent buildings totaling 566,000 square feet. HFF represented the seller and arranged financing for the transaction.
DC-Area Marriott Hotel Changes Hands
The six-story, 316-key Fairfax Marriott at Fair Oaks is a less than 20-minute drive from the Washington Dulles International Airport.
France’s AXA Investment Snags $165M Office Asset in DC
The Paris-based real estate assets investment and management firm acquired the 210,000-square-foot trophy property in a joint venture with Stewart Investment Partners.
Greysteel Arranges Sale of DC Mixed-Use
The property is located along one of the longest retail corridors in Washington, D.C. and holds further leasing potential with the possible addition of 2,018 square feet.
Avison Young to Lease DC Office Building
The RMR Group plans to renovate the 130,000-square-foot asset’s lobby and to bring a series of new amenities in order to attract new tenants following the current occupier’s relocation.
H&R Retail Completes 2 Mid-Atlantic Leases
Two discount stores have signed leases in the Washington, D.C., and Baltimore metro areas, totaling just under 43,000 square feet.
Evocative Enters VA Data Center Market
The Michael Faraday building, located in the heart of Fairfax County, offers good fiber connectivity options, with more than 15 carriers to choose from.
RLJ Lodging Trust Hires New SVP
Ryan Meliker will step up as the company’s senior vice president of corporate strategy and investor relations, bringing 15 years of experience in lodging and real estate research.