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Washington D.C.


Grosvenor Americas, McCaffery Interests Unveil F1RST Mixed-Use Project on Capitol Riverfront

Grosvenor Americas, McCaffery Interests Unveil F1RST Mixed-Use Project on Capitol Riverfront

On Wednesday, April 8, Grosvenor Americas and its partner, McCaffery Interests, celebrated the official groundbreaking for a major mixed-use development at the Capitol Riverfront, in southeast D.C. At the ceremony, the developers also unveiled the name of the new project: F1RST.…

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Pair of Multibillion-Dollar Projects Gets Formal Launch

Pair of Multibillion-Dollar Projects Gets Formal Launch

By Adrian Maties, Associate Editor   Maryland Day was marked this March 25 by milestones for two projects with a potentially significant impact on the state’s economy. In Lusby, a groundbreaking ceremony formally launched the $3.8 billion expansion of the Cove Point liquefied natural gas facility, one of the largest…

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PREIT Buys Springfield Town Center for $465M

PREIT Buys Springfield Town Center for $465M

Pennsylvania Real Estate Investment Trust has finally completed its planned acquisition of the Springfield Town Center in Springfield, Virginia. The newly-redeveloped property changed hands for an impressive $465 million. Vornado Realty Trust was the seller.…

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Urban Investment, Lubert-Adler JV Buys Another Adams Morgan Apartment Building

Urban Investment, Lubert-Adler JV Buys Another Adams Morgan Apartment Building

The joint venture between Urban Investment Partners and Philadelphia-based Lubert-Adler Partners has purchased another apartment building in Washington, D.C.’s Adams Morgan neighborhood. The newest addition to the joint venture’s portfolio is called Embassy Towers. It was purchased for $13.25 million.…

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Downtown D.C. Office Building Sells for $109M

Downtown D.C. Office Building Sells for $109M

The hot Washington, D.C., office market continues to attract more and more investors. The most recent building to change hands is located at 2025 M Street NW, in the city’s Golden Triangle area. Mikeone EK purchased the asset for $109 million.…

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TODAY’S DEALS: Vornado Refinances Massive D.C. Asset

TODAY’S DEALS: Vornado Refinances Massive D.C. Asset

Vornado completes a $308 million refinance; Lowe Enterprises and First Capital Advisors acquire Silk Factory Lofts; and Greysteel arranges a 120-unit sale in Texas. …

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Micro-Hotel Format to Make its Capital Debut in Chinatown

Micro-Hotel Format to Make its Capital Debut in Chinatown

A new type of hotel is coming to Washington, D.C. Monument Realty, Modus Hotels and Cafritz Co. have joined forces and now plan to start work on a micro-hotel in the District’s Chinatown neighborhood. The project is expected to cost $60 million.…

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Pair of Multibillion-Dollar Projects Gets Formal Launch

Pair of Multibillion-Dollar Projects Gets Formal Launch

On March 25, Governor Larry Hogan celebrated Maryland Day by participating in milestones for two projects with significant economic impact for the state.…

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A&R, City Housing Authority Break Ground On $120M Project

A&R, City Housing Authority Break Ground On $120M Project

A&R Development and the D.C. Housing Authority broke ground last week on the $120 million Capitol Gateway Marketplace. The mixed-use project will bring retail options to a place which some have until now called ”a food and retail desert.”…

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D.C. Heads EPA’s 2015 Energy Star Top Cities List

D.C. Heads EPA’s 2015 Energy Star Top Cities List

On Wednesday, March 25, the US Environmental Protection Agency released its 2015 list of top 25 US metropolitan areas with the most ENERGY STAR certified buildings. Washington, D.C., is number one on the list. The nation’s capital has managed to knock Los Angeles out of the top spot for the…

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George Washington University Museum and Textile Museum Now Open in Foggy Bottom

George Washington University Museum and Textile Museum Now Open in Foggy Bottom

An old Washington, D.C., museum is open to the public once more, in a new location and with a new name. The George Washington University Museum and The Textile Museum welcomed its first visitors last Saturday, March 21.…

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$114M Navy Federal Expansion to Bring 600 Jobs to Fairfax County

$114M Navy Federal Expansion to Bring 600 Jobs to Fairfax County

Governor Terry McAuliffe announced last week that Navy Federal Credit Union, one of the largest credit unions in the world, with more than 5 million members, will expand its headquarters campus in Fairfax County. The expansion project will cost $114.6 million and will result in the creation of 600 new…

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