City: Washington

FCP has sold the 234-unit North Pointe apartment complex in the Washington, D.C., suburb of Hyattsville, Md., for $37.5 million, or $160,256/unit. The Chevy Chase, Md., investment manager sold the 19-building property to a venture of Firm Capital Apartment REIT ...

Bisnow Akelius has paid $40.2 million, or $193,269/unit, for the 208-unit Rittenhouse Apartments in Washington, D.C. The Swedish investor bought the property from Nuveen Real Estate, which had assumed it seven years ago through its acquisition of Henderson Global Investors. Henderson ...

Washington Business Journal S.C. Herman & Associates is marketing for sale the 273,000-square-foot office building at 1125 15th St. in Washington, D.C. The Washington firm has hired Stream Realty Partners to market the vacant property, which has been assessed at ...

Children's National Hospital has paid $39.3 million, or $655/sf, for a 60,000-square-foot outpatient facility in the Washington, D.C., suburb of Glenarden, Md. It bought the property from Heritage Partners, which had developed it in July. Avison Young brokered the deal. ...

Washington Business Journal WeWork has filed a lawsuit in Washington, D.C., Superior Court against the Meridian Group, claiming the Bethesda, Md., investment manager did not reimburse nearly $6.8 million in tenant-improvement costs at 700 K St. NW in Washington, D.C. ...

BizNow The Social Security Administration is planning to reduce its office footprint in the Washington, D.C., area. It is looking to consolidate three leases with a combined 430,000 square feet to one building with 205,000 sf. The proposal requires Congressional ...

Washington Business Journal Annaly Commercial Real Estate Group Inc. acquired the 294,000-square-foot Mazza Gallerie mall in Washington, D.C., at a recent auction for $38 million, or $129/sf. As reported, Ashkenazy Acquisition Corp., the property's previous owner, defaulted on $67.1 million of ...

Bisnow JBG Smith Properties is offering for sale the Reston Arboretum, the 95,337-square-foot office building at 12700 Sunrise Valley Drive in Reston, Va. The Bethesda, Md., REIT has hired Colliers International to market the property, which opened in 1999. Tenants ...

Commercial Real Estate Direct Staff Report The $282.1 million CMBS loan against the Tysons Galleria Mall in suburban Washington, D.C., is getting transferred to special servicing as it's not expected to pay off at its upcoming maturity next week. The ...