Washington D.C.
Airbus’ Ashburn, Va. Facility Expands, Adds Employees
The aircraft manufacturer pledged to invest an additional $1 million in the facility, turning the Loudoun County location into the company’s largest material distribution center by customer volume.
Saks OFF 5TH Enters D.C. Market
The first Saks Fifth Avenue Off 5TH store will open in Washington, D.C., this fall.
Normandy Real Estate Reports Purchase of D.C.’s National Press Building
The iconic building in the East End sold to Normandy Real Estate Partners for $155 million.
Jefferson Apartment Group Acquires Community in Booming D.C. Suburb
Somerset Park Drive, a six-building, 108-unit multifamily community bought by JAG, offers quick access to high density office clusters around North Virginia.
Top Addition for Walker & Dunlop’s CMBS Platform
Veteran Mitch Resnick, former Freddie Mac and Goldman Sachs VP, joins Walker & Dunlop Property Funding LLC as managing director.
670 KSF Class A Corporate Park Commands $146M in D.C. Area
The four Pacific Corporate Park buildings are located next to AOL’s Dulles headquarters and just a few miles north of Dulles International Airport.
American Real Estate Recruits Veteran as COO
In his new position, James Walker will oversee the company’s operations and strategy, as well as contribute to shaping financing and investment plans.
Northern Virginia Office, Industrial Portfolio Commands $90.5M
First Potomac Realty Trust sold a 26-building Northern Virginia portfolio to Finmarc Management.
Nordstrom Rack Store Coming to Washington, D.C.
A 37,000-square-foot Nordstrom Rack store will open in Washington, D.C., in the fall.
D.C. Hospital to Move Ahead with $567M Expansion
The MedStar Georgetown University Hospital has reportedly reached a new milestone in its plan to renovate and expand its current facility in Washington, D.C.