City: Washington

Washington Business Journal Crown Properties has paid $28 million, or $145.08/sf, for Monument III, a 193,000‑square‑foot office building in Herndon, Va. The New York investor purchased the 13‑story property from Santander Bank, which took control of it two years ago ...

Baltimore Business Journal Macerich Co. has acquired the 1.5 million‑square‑foot Annapolis Mall in Annapolis, Md., for $260 million, or $173.33/sf. The Santa Monica, Calif., REIT bought the enclosed mall from a venture led by Centennial, a unit of Lincoln Property ...

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 ...

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 ...