City: Washington

Commercial Real Estate Direct Staff Report Carr Properties has paid $23.5 million, or $163.92/sf, for the 143,366-square-foot office property at 2121 Virginia Ave. NW in the Foggy Bottom section of Washington, D.C. It bought the vacant building from Pan American ...

Commercial Real Estate Direct Staff Report BXP Inc., which earlier embarked on a portfolio fine-tuning exercise aimed at raising capital for its development plans, is aiming to ultimately sell 27 of its properties, land parcels, apartment buildings and non-core offices ...

Commercial Observer A venture of Sterling Investors and Simpson Housing has purchased the 508-unit Signature at Reston apartment property in the Washington, D.C., suburb of Reston, Va., from BXP Inc. The venture is said to have paid about $240 million, ...

The 43,989-square-foot Crossroads Village Center in the northern Virginia town of Haymarket has been sold for $25.4 million, or $577.42/sf. A Vienna, Va., investor group, Atlantic Nation Management LLC, bought the property, at 15159 Washington St., some 38 miles from ...

Commercial Observer Newmark has provided $67.5 million of Fannie Mae financing against the 386-unit Rockwell at Crown apartment property at 800 Rockwell Ave. in the Washington, D.C., suburb of Gaithersburg, Md. The property is owned by Sentinel Real Estate, which ...

Despite a 37% decline in leasing activity during the third quarter, to 1.39 million square feet, the Washington, D.C., office market enjoyed a reduction in availability, in part because of the removal of inventory.

Commercial Observer Friedman Capital has paid $60 million, or $392,156/room, for the 153-room Capitol Hill Hotel at 200 C St. NE in Washington, D.C. The Washington, D.C., investor acquired the property from TPG Real Estate, which purchased it in 2021 for ...

FCP has provided $47.1 million of capital—a senior loan and preferred equity—through its structured investments platform to fund the construction of the Mira and Ador, a pair of apartment buildings with 553 units and ground-floor retail space next to the ...

Bisnow World Bank Group has paid $165 million for the land beneath the 488,000-square-foot office property at 701 18th St. NW in Washington, D.C. The organization already owns the building, which it developed in 1984 and that was subject to ...