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Washington D.C.


WC Smith Starts Construction on 800 New Jersey Ave.

WC Smith Starts Construction on 800 New Jersey Ave.

WC Smith announced on Monday, June 9, the start of construction on a new residential building. 800 New Jersey Avenue SE is the second of three high-quality residential buildings WC Smith is construction on a three and a half acre site at New Jersey Avenue, H Street and Second Street…

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Hines, Qatari Diar to Build 370-Room Conrad Hotel

Hines, Qatari Diar to Build 370-Room Conrad Hotel

Starting 2018, Washington, D.C., will be the home of a new luxury hotel. The developers of CityCenterDC, Hines, a privately owned real estate firm, and Qatari Diar, the real estate development entity of the Qatar Investment Authority, have recently reached an agreement with D.C. Mayor Vincent C. Gray to design…

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LaSalle to Sell Hilton Alexandria Old Town This Month for $93M

LaSalle to Sell Hilton Alexandria Old Town This Month for $93M

LaSalle Hotel Properties is selling one of its 46 hotels. The Hilton Alexandria Old Town will soon have a new owner. Its sale price is approximately $93 million.…

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Bozzuto Homes to Build New Condos Near U Street Corridor

Bozzuto Homes to Build New Condos Near U Street Corridor

Bozzuto Homes, a division of The Bozzuto Group, is getting ready to start work on its second Washington, D.C. condo development in 2014. Earlier this year, the company broke ground on 460 New York Avenue, a 63-residence high-rise condominium community in the Mount Vernon Triangle neighborhood. This summer, it will…

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D.C.’s First Cambria Hotels & Suites Opens in Historic Shaw Neighborhood

D.C.’s First Cambria Hotels & Suites Opens in Historic Shaw Neighborhood

Choice Hotels International, Inc. and Concord Hospitality announced last week the opening of the Cambria Hotel & Suites Washington, D.C. Convention Center in the District’s historic Shaw neighborhood. It is the first Cambria Hotels & Suites property to open in the city.…

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Goldstar Group Buys Luxury Extended-Stay Apartments in Arlington, Plans Conversion into Condos

Goldstar Group Buys Luxury Extended-Stay Apartments in Arlington, Plans Conversion into Condos

The Goldstar Group, a privately held firm based in Bethesda, is now the new owner of the luxury apartment complex at 3409 Wilson Boulevard in Arlington. The property was purchased from a joint venture between Hunt Properties, a privately held real estate development, investment and management firm, and Korman Communities,…

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Exeter Property Group Buys Large Upper Marlboro Industrial/Flex Portfolio for $37M

Exeter Property Group Buys Large Upper Marlboro Industrial/Flex Portfolio for $37M

Exeter Property Group continues its shopping spree in Maryland. The Pennsylvania-based company has been buying industrial properties in the Old Line State for the past two years. This week, it closed its largest acquisition to date.…

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New Boston Fund Hires CBRE to Find Tenants for NoMa Office Tower

New Boston Fund Hires CBRE to Find Tenants for NoMa Office Tower

The 11-story office tower at 111 K Street Northeast opened in 2010, in NoMa, D.C.’s fastest growing neighborhood. Two years later, it was acquired by the New Boston Fund, an independent, privately owned real estate investment. Now, the owner has hired CBRE as the exclusive leasing agent for 98,780 square…

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Federal Capital Partners Buys, Sells Apartment Communities Around D.C.

Federal Capital Partners Buys, Sells Apartment Communities Around D.C.

What do the cities of Frederick, in Maryland, and Fredericksburg, in Virginia, have in common? The two are named almost the same and they are both located at the same distance from Washington, D.C., about 50 miles. And Federal Capital Partners has recently been involved in large multi-family transactions in…

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District Reaches Deal with DC United for $300M Stadium

District Reaches Deal with DC United for $300M Stadium

Washington, D.C., is getting a new soccer stadium. Mayor Vincent Gray announced on Friday, May 23, that the District has reached a business agreement with Major League Soccer’s D.C. United for a 20-25,000-seat stadium. The project will cost $300 million.…

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Preliminary Designs for Renovated Martin Luther King Jr. Memorial Library Unveiled

Preliminary Designs for Renovated Martin Luther King Jr. Memorial Library Unveiled

Martin Luther King Jr. Memorial Library opened its doors to the public in 1972. As many of its systems need to be updated or replaced, the facility will now be renovated to accommodate 21st century library services and meet the needs of the city’s residents. The DC Public Library has…

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George Washington University Selects Skanska USA to Develop Square 75A

George Washington University Selects Skanska USA to Develop Square 75A

Square 75A, the 2100 block of Pennsylvania Avenue, will be the new home of a trophy office building. The George Washington University has selected Skanska USA Commercial Development Inc. to develop the project.…

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