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Commercial Observer ArrowMark Partners has provided $35.3 million of mortgage financing against the 248,000-square-foot New Town Shops on Main retail property in Williamsburg, Va. Colliers arranged the financing. The 18-year-old property, at 4801 Courthouse St., is owned by Developers Realty ...
Bisnow JPMorgan Asset Management, which owns a 35.5% stake in Carr Properties, an owner of Washington, D.C., office properties, has struck a deal to take three of the company's properties in exchange for its ownership interest. The properties couldn't be ...
The MoCo Show A venture of 29th Street Capital and Willton Investment Management has paid $95.1 million, or $305,787/unit, for the 311-unit Fenwick Apartments at 8616 2nd Ave. in the Washington, D.C., suburb of Silver Spring, Md. The seller could ...
Philadelphia Business Journal Time Equities Inc. has paid $23.1 million, or $82.49/sf, for the 280,025-square-foot Lindenwood Corporate Center office complex in the Philadelphia suburb of Malvern, Pa. The New York investor bought the five-building property from Bridge Investment Group of ...
Washington Business Journal DISYS Solutions Inc. has paid $37 million, or $176.46/sf, for the 209,669-square-foot office property at 8280 Greensboro Drive in the Washington, D.C., suburb of Tysons, Va. The Ashburn, Va., tech company bought the property from Meridian Group, ...
Washington Business Journal One Street Commercial Properties has paid $29.2 million, or $418.61/sf, for the 69,754-square-foot office property at 3333 K St. NW in Washington, D.C.,'s Georgetown area, with plans to convert it into residential use. The Bethesda, Md., developer ...
Bisnow Cooley LLP has signed a lease 126,000 square feet at the 315,000-sf office project at 725 12th St. NW in Washington, D.C. The law firm will move into its space after its redeveloped by the landlord, BXP Inc., which ...
Commercial Observer Exelon Corp. has paid $175 million, or $480.77/sf, for the 364,000-square-foot Edison Place office property at 701 9th St. NW in Washington, D.C. The Chicago utility acquired the property from Brookfield Properties, which had purchased it in 2004 ...
Bisnow EagleBank has provided a $54.5 million loan to fund the conversion of the 190,385-square-foot office building at 1201 Connecticut Ave. NW in Washington, D.C., into 161 apartment units. The property is being redeveloped by Duball LLC of Bethesda, Md., ...
Commercial Observer Clarion Partners has paid $85.5 million, or $284.25/sf, for the 300,786-square-foot City Logistics industrial property at 1201 South Caton Ave. in Baltimore. The New York investment manager bought the two-building property, the former Seton Keough High School, from ...
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