David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: District of Columbia - DC
KBS Brings 2 Arlington, Va., Office Buildings to Sales Market
Washington Business Journal KBS REIT III is offering for sale 3001 and 3003 Washington Blvd., a pair of office buildings totaling 305,890 square feet in Arlington, Va. The Newport Beach, Calif., REIT has tapped Newmark to market the buildings, about ...
Out-of-State Nonprofit Buys Germantown, Md., Apartments for $53.7Mln
Washington Business Journal The NHP Foundation has paid $53.7 million, or $246,330/unit, for Hadley Germantown, a 218‑unit affordable-housing complex in Germantown, Md., about 25 miles northwest of downtown Washington, D.C. The New York nonprofit acquired the apartment property from Elme ...
253,164-SF Office Building in Washington, D.C., Hits Sales Block
Washington Business Journal An affiliate of Office Properties Income Trust is offering for sale Union Center Plaza 5, a 253,164‑square‑foot office building near Union Station in Washington, D.C. The Newton, Mass., REIT has tapped JLL to market the property at ...
Amazon Data Services Pays $65Mln for Manassas, Va., Data Center
Washington Business Journal Amazon Data Services Inc. has paid $65 million, or $590.91/sf, for a 110,000‑square‑foot data center in Manassas, Va. The tech giant acquired the property, which sits on 7.66 acres at 7505 Mason King Court, from an affiliate ...
301 7th St. SW
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 from the General Services ...
Law Firm to Relocate D.C. Offices
Washington Business Journal White & Case LLP has leased 196,000 square feet of office space at 1701 Pennsylvania Ave. NW in Washington, D.C. The law firm is leasing its space from Grosvenor of London, which was represented in the lease ...
Crown Properties Buys Herndon, Va., Office Building for $28Mln
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 ...
Macerich Buys Annapolis Mall for $260Mln
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 ...
Venture Lines Up $195Mln Construction Loan for 420-Unit Apartment Project in Arlington, Va.
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 ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
