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Washington D.C.


JCR Buys Two Properties in DC Area

JCR Buys Two Properties in DC Area

Last week, The JCR Companies has acquired two properties in the Washington, DC area, adding them to its growing portfolio of urban infill buildings and expanding its reach into the office sector. The two properties are located in Alexandria and in DC’s sought-after Logan Circle neighborhood.…

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China-Based Developer to Build Three-story Office, Data Center in Rockville

China-Based Developer to Build Three-story Office, Data Center in Rockville

A China-based developer plans to start work this May on a new, three-story office and data center in Rockville. The Greencourt Group is the pioneer developer in the suburbs of Shanghai and has developed more than 20 million square feet of commercial and residential property in China over the last…

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PREIT to Purchase Springfield Town Center for $465M

PREIT to Purchase Springfield Town Center for $465M

A large, D.C. area retail property is getting ready to welcome new owners. Pennsylvania Real Estate Investment Trust (PREIT) has announced on March 3, it has entered into an agreement with Vornado Realty Trust to buy the Springfield Town Center in Springfield, Va. The price of the transaction is huge,…

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Kettler to Build Mixed-Use High-Rise in Bethesda, Md.

Kettler to Build Mixed-Use High-Rise in Bethesda, Md.

After closing a construction loan with Helaba, developer Kettler unveils plans for a 101-unit high-rise in Bethesda, Md. …

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Leasing Begins at Eleven55Ripley in Suburban D.C.

Leasing Begins at Eleven55Ripley in Suburban D.C.

Home Properties has started leasing its newly constructed multifamily property, Eleven55Ripley. The asset, which is now the tallest building in Silver Spring, Md., features apartments, townhomes and a public pocket park. …

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Finmarc Management Sells Library of Congress-Occupied Property

Finmarc Management Sells Library of Congress-Occupied Property

Finmarc Management, Inc. has been very busy in the Washington D.C. area this February. The Bethesda-based commercial real estate firm started the month with an over $30 million acquisition and ended it with an over $30 million sale.…

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WRIT Acquires DC Class A Apartments

WRIT Acquires DC Class A Apartments

Washington Real Estate Investment Trust acquires a 12-story, Class A asset in Washington, D.C. …

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JV Plans Mixed-Use Apartment Community for Tysons Corner

JV Plans Mixed-Use Apartment Community for Tysons Corner

By Adrian Maties, Associate Editor The apartment construction boom that that hit the Washington, D.C., metropolitan area is showing no signs of slowing down. If anything, it looks like it’s getting stronger, as developers announce more and more projects with almost every passing week. On Feb. 14, a joint venture…

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Multifamily Specialist Kettler Buys DC Site

Multifamily Specialist Kettler Buys DC Site

Multifamily developer and property manager Kettler has bought 1711 Florida Ave. NW in D.C. The company has not yet finalized plans for the site, which is in the Adams-Morgan neighborhood.…

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Montgomery County Council Approves Zoning for Clarksburg Premium Outlets at Cabin Branch

Montgomery County Council Approves Zoning for Clarksburg Premium Outlets at Cabin Branch

A large retail development in Clarksburg, Md., has taken another important step towards it becoming a reality. On Tuesday, February 4th, the Montgomery County Council voted almost unanimously to support the development of Clarksburg Premium Outlets at Cabin Branch. It will be the county’s first fashion outlet center. Eight council…

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Resmark to Bring Luxury Condos to Washington Area

Resmark to Bring Luxury Condos to Washington Area

The Resmark Companies is working hard to bring luxury condos to the Washington D.C. area. The Los Angeles- based full-service real estate investment advisor has partnered with two local developers to develop two different projects in downtown Bethesda and the desirable Dupont Circle neighborhood.…

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JBG Teams with STRS Ohio on Arlington County Mixed-Use Development

JBG Teams with STRS Ohio on Arlington County Mixed-Use Development

The JBG Cos. has entered into a joint venture partnership with the State Teachers Retirement System of Ohio to develop Central Place, a 31-story, mixed-use development in Roslyn, Va.…

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