Washington D.C.
Phase I of 80-Acre Development in Growing D.C. Submarket Breaks Ground
The development debuts with two speculative office/flex properties, that mark the first phase of a one-million-square-foot commercial project.
Cushman & Wakefield Arranges Full-Building Lease in North Bethesda
Part of a two-building complex, the 8-story Executive Plaza South will now be leased by Abt Associates.
Hilton’s Latest Brand to Join D.C.’s Pike & Rose Development
The Canopy by Hilton Washington, D.C. Bethesda North is the latest brand to join Federal Realty’s mixed-use development.
AvalonBay, Regency Centers Buy Arlington Mixed-Use Development for $406M
The joint venture acquired Market Common Clarendon in metro D.C., with plans for property enhancements.
Interstate Hotels & Resorts Taps New SVP of Operations
Veteran Michael Miner will work directly with Interstate COO Ted Knighton and will focus his efforts on the New York region and other select markets.
New Future for Former Washington Post Site
Carr Properties broke ground last week on a $650 million mixed-use development that will house Fannie Mae’s new headquarters.
Second Homewood Suites by Hilton Opens in Washington, D.C.
The 160-key property is located just one mile away from Hilton’s other Homewood D.C. asset, the Homewood Suites by Hilton Washington D.C. Downtown.
Avison Young Appoints Industry Vet to Run U.S. Capital Markets
In addition to becoming a principal with the CRE services firm, John Kevill will also serve as managing director of U.S. Capital Markets.
Capella Washington, D.C., Hotel Sells for $65M, Gets New Brand, Management
Now rebranded as the Rosewood Washington, D.C., the 49-key ultra-luxury Georgetown hotel will be managed by Rosewood Hotels & Resorts.
DoubleTree near Dupont Circle Commands $65M
REIT Xenia Hotels & Resorts said the sale price represents a 5.5 percent cap rate on 2015 NOI and a 15.7 multiple of the asset’s EBITDA.