Home » Cities »  (Page 11)

Washington D.C.


Tanger Outlets National Harbor Finally Open

Tanger Outlets National Harbor Finally Open

Shoppers in the Washington, D.C. metro area now have a new retail destination, just in time for the holiday season. On Friday, November 22, Tanger Outlets National Harbor celebrated its grand opening. It will feature 80 popular brand name and designer outlet stores.…

Continue reading →

Walton Enters into Agreement with NVR to Build Homes at Westphalia Town Center

Walton Enters into Agreement with NVR to Build Homes at Westphalia Town Center

The Walton Group of Companies broke ground earlier this year on the massive Westphalia Town Center in Upper Marlboro, Maryland. Now, the Canadian developer has signed Reston-based NVR, Inc. as the first residential homebuilder for the the master planned, mixed-use community.…

Continue reading →

DC Metro Area Attracts Steady Pace of Office Investment Sales

DC Metro Area Attracts Steady Pace of Office Investment Sales

In recent months, an important number of office properties changed hands in the Washington, D.C. area. There have been a lot of big transactions (Read about some of them here and here) and even some huge transactions(You can find some of them here, here, here and here), but, according to…

Continue reading →

Inland American Buys Alexandria’s Lorien Hotel & Spa for $45M

Inland American Buys Alexandria’s Lorien Hotel & Spa for $45M

Inland American Real Estate Trust, Inc. has announced this week the acquisition of its tenth hotel property in 2013. Through its subsidiary, Inland American Lodging Group, Inc., the company has purchased the Lorien Hotel & Spa in Alexandria, Virginia. It paid approximately $45 million for the property.…

Continue reading →

Alexandria’s Virginia Village Sold for $68M

Alexandria’s Virginia Village Sold for $68M

Another apartment community in the Washington Metro area, one of the best apartment markets in the nation, has changed hands in a multi-million dollar deal. Fieldstone Properties has paid $68 million for Virginia Village, in Alexandria, Virginia.…

Continue reading →

AFL-CIO BIT to Sell Five-Building Portfolio in Tysons Corner

AFL-CIO BIT to Sell Five-Building Portfolio in Tysons Corner

In August, 2011, the AFL-CIO Building Investment Trust added a five-building portfolio in Tysons Corner to its Washington, D.C.-area properties. Now, the trust is looking for buyers for the same portfolio.…

Continue reading →

First Potomac Assumes Control of Redland Corporate Center with $30M Acquisition

First Potomac Assumes Control of Redland Corporate Center with $30M Acquisition

First Potomac Realty Trust announced this week the acquisition of Redland I, the third building at Rockville’s Redland Corporate Center. Redland I cost First Potomac $30 million and marks the first acquisition the company completed since late 2011.…

Continue reading →

Bethesda to Gain More Than 600 Apartments in 2015

Bethesda to Gain More Than 600 Apartments in 2015

More apartments are coming to one of the most affluent and highly educated communities in the United States, as two developments in Bethesda have recently taken important steps in the development process. By 2015, they will deliver over 600 new residential units to the hot D.C. suburb.…

Continue reading →

Balfour Beatty Construction Selected for George Mason University Student Housing Project

Balfour Beatty Construction Selected for George Mason University Student Housing Project

The George Mason University in Fairfax is growing and looking to become an active 24/7 campus. To help meet the continuing demand for undergraduate housing, the university has selected Balfour Beatty Construction to lead the design-build team for their new student housing facility, Shenandoah Housing VIIIB, also called Taylor…

Continue reading →

Robust Suburbs Help Make Capital the Nation’s Tightest Office Market

Robust Suburbs Help Make Capital the Nation’s Tightest Office Market

The National Association of Realtors recently reported that the Washington, D.C. area currently has the lowest office vacancy rate in the nation. With a vacancy rate of 9.7%, Washington D.C. is just under New York City, with a 9.8% vacancy rate, Little Rock, Arkansas, 12.1%, and Birmingham, Alabama, 12.4%. Washington…

Continue reading →

Panda Power Funds Plans to Build 859 MW Power Plant in Maryland

Panda Power Funds Plans to Build 859 MW Power Plant in Maryland

Panda Power Funds, a private equity firm headquartered in Dallas, plans to build, own and operate an 859-megawatt combined-cycle power plant in an industrial area of Brandywine, Maryland. Called Panda Mattawoman, the natural gas-fueled plant is expected to be one of the cleanest and most efficient in the nation.…

Continue reading →

The Woodley to Bring 212 Apartments in Northwest D.C. next March

The Woodley to Bring 212 Apartments in Northwest D.C. next March

In a July news story, CBS MonyWatch ranked apartment rents in the Washington, D.C. area as the fourth highest in the nation, behind San Francisco, New York and Boston but ahead of Los Angeles or Miami. And Marcus&Millichap reports that rents will continue to grow throughout the year. Bad news…

Continue reading →