Washington D.C.
New Housing Community Coming to Loudoun County
A new, massive urban community is coming to Northern Virginia. NVR, Inc. of Pittsburgh, Pa., together with Baltimore-based Atapco Properties and the Claude Moore Charitable Foundation hosted a groundbreaking ceremony on June 18, to celebrate the Westmoore, Loudoun County’s first metro community. Loudoun County Chairman, Scott York, and Broad Run District Supervisor, Shawn Williams, were present at the event.
Global Banking Firm Buys Arlington Apartments
The Arlington apartment market continues to prove very attractive to investors from all over the world. The most recent multifamily property to change hands was acquired by a German global banking and financial services company.
Rockefeller, Mitsubishi Time D.C. Market
Timing is everything, and current D.C. office valuations are hard to ignore.
A New Wal-Mart for Frederick
Frederick is getting a new Wal-Mart Supercenter. Demolition work has already started at the site on the northwest corner of Monocacy Boulevard and Route 26, to tear down the Frederick Trading Center and make room for the new Wal-Mart.
Executive Spotlight: Recipe For Success, Kris Broder of BECO Management
Rockville-based BECO Management, Inc. has had a lot of success attracting tenants to its Greater Baltimore-area properties this year. This success is a result of the commercial real estate company’s strategy to develop true partnerships with tenants.
AustralianSuper Buys Stake in D.C. Office Portfolio
AustralianSuper, one of Australia’s largest pension funds, continues to expand its overseas portfolio of properties. The company has recently taken a large stake in an eight-building office portfolio in Washington, D.C.
JBG Plans Big in D.C.
JBG’s plans for D.C. keep getting bigger and bigger. Its most recent project is one of the largest residential developments in recent years, in the District. It is also seen as an important element in the revitalization of the southern part of the Eckington neighborhood.
American Realty Advisors Goes to Washington
The investment manager has added nearly half-a-million square feet of industrial space to its holdings.
A Bethesda Tale: From Parking Lots to Mixed-Use Development
Bethesda is saying hello to a new mixed-use development. This afternoon, Monty Hoffman, CEO of PN Hoffman, and Doug Firstenberg, principal of StonebridgeCarras, will be present at 7170 Woodmont Ave. to celebrate the grand opening of The Darcy and The Flats. Montgomery County Executive Ike Leggett and other officials will also attend the ribbon-cutting ceremony.
JBG Buys Alexandria Warehouse Complex
The JBG Cos. is expanding its Greater Washington portfolio of properties. The company’s latest acquisition is a warehouse complex in Alexandria.