Washington Business Journal A venture of Hoffman & Associates, Snell Properties, and Mitsui Fudosan America Inc. has lined up $195 million of construction financing to build 4600 Fairfax, a 420-unit apartment project in Arlington, Va. The seven-story project is being ...
Washington Business Journal An affiliate of Broadshore Capital Partners has put One Union Center, a 190,200‑square‑foot office building in Washington, D.C., on the sales market. JLL has the listing for the 11‑story property, at 810 First St. NE, which sits ...
Turio Residential Co. has paid $16 million, or $238,805/unit, for the 67-unit Vicino apartment building at 1324 North Capitol St. NW in the NoMa section of Washington, D.C. The Philadelphia investor, led by Gianni Parente, former managing director at EQT ...
The Washington, D.C., office market recorded its weakest leasing quarter in two and a half years, with only 1.3 million square feet leased in the first quarter, according to Savills.
Bisnow Comstock Holding Cos. has paid $40.2 million, or $217.30/sf, for the 185,000-square-foot office building at 2200 Woodland Pointe Ave. in Herndon, Va. The Reston, Va., investor acquired the property from Union Investment Real Estate GmbH Corp. National security contractor ...
Bisnow BXP Inc. has sold its 50% stake in the 734,000-square-foot office property at 7750 Wisconsin Ave. in Bethesda, Md., to its partner, Bernstein Cos. of Washington, D.C., in a deal that values the four-year-old building at $430 million. BXP, ...
Principal Asset Management is offering for sale the $140 million loan against the 306,000-square-foot 700 Sixth St. NW office building in Washington, D.C. The nonperforming loan is being offered through JLL Capital Markets. The property is owned by Affinius Capital, ...
Bisnow WC Smith has paid $69.8 million, or $298,290/unit, for the 234-unit Albemarle apartment property in Washington, D.C. The local investor acquired the property from AvalonBay Communities of Arlington, Va., which had owned it since 2013. The most recent purchase ...
Jetset Hospitality has paid $52.5 million, or $175/sf, for the 300,000-square-foot Watergate 600 office building in Washington, D.C. The Washington company, which owns a pair of boutique hotels in the district, purchased the 12-story building, one of six comprising the ...
The Wall Street Journal Dalian Development has paid $24 million, or $25.53/sf, for the 940,000-square-foot office building at 301 7th St. SW in Washington, D.C., and is planning to convert it into apartments. The Washington developer acquired the vacant property ...
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