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Washington D.C.


Carr Hospitality, InterContinental Plan Southwest Waterfront Hotel

Carr Hospitality, InterContinental Plan Southwest Waterfront Hotel

By Veronica Grecu, Associate Editor Washington, D.C.-based Carr Hospitality and InterContinental Hotels Group plan to create a four-star hotel on the Southwest Waterfront as part of a $2 billion redevelopment, The Wharf. The mixed-use neighborhood, a joint venture between developers PN [...]…

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Zuckerman Proposes Conversion of Harrison Flats for Hotel Use; Virginia Properties Trade Hands

Zuckerman Proposes Conversion of Harrison Flats for Hotel Use; Virginia Properties Trade Hands

By Veronica Grecu, Associate Editor Zuckerman Brothers Inc. has a new restoration and reuse plan for Harrison Flats, the District’s oldest conventional apartment building. According to DCmud, the 123-year-old property was purchased by Zuckerman Brothers in June 2010 for $8.5 million. [...]…

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Accenture Relocates to D.C. from Reston, Investors Snap Up D.C.-Area Properties

Accenture Relocates to D.C. from Reston, Investors Snap Up D.C.-Area Properties

By Veronica Grecu, Associate Editor Global management consulting, technology services and outsourcing company Accenture PLC will relocate its Reston Town Center operations to a new facility located at 800 N. Glebe Road in Arlington. The lease agreement was confirmed this week [...]…

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$2.4M Renovation Planned for Meridian Hill Apartments; VCU Adds Student Housing Complex

$2.4M Renovation Planned for Meridian Hill Apartments; VCU Adds Student Housing Complex

By Veronica Grecu, Associate Editor A 52-unit residential property located at 2359-2401 Ontario Road in the Adams-Morgan neighborhood was sold this week by Ontario Partners L.L.C. for $4.2 million. According to an official statement, the Meridian Hill apartment building was acquired [...]…

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EatWell, A-Deli Italian Expand in D.C.; New Class A Office for First Potomac

EatWell, A-Deli Italian Expand in D.C.; New Class A Office for First Potomac

By Veronica Grecu, Associate Editor EatWell DC–a local restaurant management company that owns The Heights, Grillfish, Logan Tavern and the Commissary–last week announced plans to open its fifth concept restaurant, to be called The Pig. According to a press release, the [...]…

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District’s Neighborhoods Evolve as Hispanics Seek Affordable Housing

District’s Neighborhoods Evolve as Hispanics Seek Affordable Housing

By Veronica Grecu, Associate Editor   According to Census Bureau data, Washington neighborhoods marked by a strong Hispanic presence are in for some major demographic changes, the Washington Examiner reported. In neighborhoods noted for a high cost of living, such as Mount Pleasant and [...]…

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D.C. Students Resume Classes in State-of-the-Art High School Building

D.C. Students Resume Classes in State-of-the-Art High School Building

By Veronica Grecu, Associate Editor A new high-tech, green high school is ready to welcome more than 800 students next week, when classes resume. H.D. Woodson Senior High School has just been inaugurated during an official ceremony held at 5500 Eads [...]…

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Investors Plan Class A Office on Greyhound Site, Turn Century-Old Buildings into Condos

Investors Plan Class A Office on Greyhound Site, Turn Century-Old Buildings into Condos

By Veronica Grecu, Associate Editor First Potomac Realty Trust and Perseus Realty L.L.C. purchased the Greyhound Bus Terminal site at 1005 First St., N.E., in Washington, D.C., for approximately $46.8 million. The joint venture plans to develop 712,000 square feet of [...]…

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Principal Takes NoMa Office Building for $149.5M; Kelley Drye Extends Lease in Georgetown

Principal Takes NoMa Office Building for $149.5M; Kelley Drye Extends Lease in Georgetown

By Veronica Grecu, Associate Editor  Underscoring the continued strength of the capital’s office investment market, Capitol Plaza has traded to Principal Real Estate Investors L.L.C for $149.5 million, the property’s sellers, a joint venture of AREA Property partners L.P. and Van [...]…

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Anacostia RiverFront Gets More Apartments; Clint Eastwood Raises Funds for Police Museum

Anacostia RiverFront Gets More Apartments; Clint Eastwood Raises Funds for Police Museum

By Veronica Grecu, Associate Editor Patriot Transportation Holding Inc., which owns the Florida Rock site in Washington, D.C., plans to form a joint venture with MidAtlantic Realty Partners L.L.C. to develop the first phase of the mixed-use RiverFront project on the [...]…

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Howard University to Expand Housing Facilities; LEED Gold Offices for TMG

Howard University to Expand Housing Facilities; LEED Gold Offices for TMG

By Veronica Grecu, Associate Editor Howard University may be forced to upgrade its housing to stay competitive in the D.C. marketplace. The university’s residence halls are currently able to accommodate less than 50 percent of its enrolled students, while competing schools [...]…

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Mixed-Use Property Trades; H Street Reconstruction Project Reaches Completion

Mixed-Use Property Trades; H Street Reconstruction Project Reaches Completion

By Veronica Grecu, Associate Editor UDR Inc. made headlines last week with the purchase of View 14, a mixed-use property located at 2303 14th St., N.W., in the Uptown submarket of Washington, D.C. The big national REIT paid a historic $104 million, [...]…

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