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Wood Partners Starts Work on $60M Apartment Project in Germantown

Wood Partners Starts Work on $60M Apartment Project in Germantown

A new apartment community is coming to Germantown, one of the fastest-growing jurisdictions in Maryland. Wood Partners, a national real estate company, has recently broken ground on Alta Liberty Mill, a LEED-certified midrise complex located just across from the Germantown MARC commuter rail station.…

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Terreno Realty Buys Lanham, MD, Industrial Building for $5.6M

Terreno Realty Buys Lanham, MD, Industrial Building for $5.6M

Terreno Realty Corporation has recently announced the acquisition of a new industrial property located in Prince George's County, Maryland. The deal was closed on December 11, 2013. San Francisco-based Terreno Realty purchased the property for approximately $5.6 million. According to PropertyShark.com, the total market value of the property is $7…

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Joint Venture to Break Ground on $100M Tysons Office Tower Next Year

Joint Venture to Break Ground on $100M Tysons Office Tower Next Year

With over 28 million square feet of office space, Tysons Corner is one of the largest suburban submarkets in the United States. And it’s about to get bigger. At the start of December, American Real Estate Partners and The Association For Manufacturing (AMT) announced they will jointly develop a 200,000-square-foot…

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Washington Post HQ to Be Sold for $159M to Carr Properties

Washington Post HQ to Be Sold for $159M to Carr Properties

The Washington Post, the most widely circulated newspaper published in the District, changed its owner this year and it seems it’s getting ready to also change its location. Graham Holdings, the daily newspaper's former owner, has recently announced it will sell the headquarters building in downtown Washington, D.C. to Carr…

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JBG to Open 245-Unit Apartment Community in D.C.’s Shaw Neighborhood in 2015

JBG to Open 245-Unit Apartment Community in D.C.’s Shaw Neighborhood in 2015

Washington D.C.'s Shaw neighborhood, located in the city's Northwest quadrant, has attracted a lot of attention over the last few years. The JBG Companies is just the latest developer interested in this area named after Union Colonel Robert Gould Shaw. The Chevy Chase-based private real estate development firm plans to…

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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.…

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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.…

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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…

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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.…

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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.…

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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.…

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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.…

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