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Washington D.C.


AMC Delancey Sells Radisson Largo-Washington, D.C., for $10.5M

AMC Delancey Sells Radisson Largo-Washington, D.C., for $10.5M

A Washington, D.C.-area hotel has recently changed hands. Philadelphia-based AMC Delancey sold the Radisson Largo-Washington, D.C. to an unnamed buyer for $10.45 million or about $56,800 per room.…

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Grosvenor Americas Renovates 1701 Pennsylvania Ave., Adds Three New Tenants

Grosvenor Americas Renovates 1701 Pennsylvania Ave., Adds Three New Tenants

Grosvenor Americas has recently completed the renovation of one of its properties in Washington, D.C. The trophy office building at 1701 Pennsylvania Avenue now features a new, modern HVAC system.…

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St. John Properties Pays $11.7M for Three OfficeFlex Buildings in Sterling

St. John Properties Pays $11.7M  for Three OfficeFlex Buildings in Sterling

St. John Properties, Inc. has recently acquired a three-building office/flex portfolio in Sterling. The company paid $11.65 million to buy the properties from an affiliate of Lone Star Funds. With this acquisition, St. John’s Northern Virginia portfolio now includes more than 570,000 square feet of office and flex space and…

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Smithsonian Unveils Plans for $2B South Mall Campus Renovation

Smithsonian Unveils Plans for $2B South Mall Campus Renovation

By Adrian Maties, Associate Editor The Smithsoninan plans to renovate its South Mall campus. Last week, the institution unveiled a $2 billion master plan to revitalize the museums and gardens along Independence Avenue S.W., from Seventh to 12th streets. Denmark-based Bjarke Ingels Group, a noted international architectural firm, was hired…

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Empty Nesters and Millennials Drive Urban and Suburban D.C. Multifamily Market

Empty Nesters and Millennials Drive Urban and Suburban D.C. Multifamily Market

The greater Washington D.C. area has more than 30,000 apartment units coming online, scaring some institutional investors. …

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Federal Realty Investment Trust to Start Work on Phase II of Pike & Rose

Federal Realty Investment Trust to Start Work on Phase II of Pike & Rose

Federal Realty Investment Trust announced at the end of October its plans to soon start work on Phase II of Pike & Rose, a new, pedestrian-oriented, mixed-use neighborhood in Montgomery County. On Tuesday, November 18, the company will hold a ribbon cutting ceremony to celebrate the official grand opening…

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Three Class A Office Buildings in Northern Virginia Change Hands

Three Class A Office Buildings in Northern Virginia Change Hands

Three more Northern Virginia Class A office buildings have recently changed hands. The properties are located in Reston and Herndon.…

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Insight Property Group Opens 240-Unit Shelby Apartment Community in Alexandria

Insight Property Group Opens 240-Unit Shelby Apartment Community in Alexandria

Insight Property Group has added another apartment community to the Washington, D.C. metro area. It’s called The Shelby and it features 240 luxury residences.…

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Hoffman-Madison Waterfront Opens Commercial Leasing at $2B Wharf Waterfront Development

Hoffman-Madison Waterfront Opens Commercial Leasing at $2B Wharf Waterfront Development

Hoffman-Madison Waterfront, the developers of the $2 billion, world-class Wharf waterfront community in Southwest Washington, D.C., announced announced last week that leasing is now open for two of the office buildings included in Phase One of the development. Cushman & Wakefield has been selected to lease and manage the properties.…

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Bozzuto, Partners Break Ground on Arlington’s Union on Queen

Bozzuto, Partners Break Ground on Arlington’s Union on Queen

The Bozzuto Group has started work on another apartment project in the Washington, D.C. area. It’s called Union on Queen and it is a public-private partnership between Bozzuto, the 40-year old non-profit developer Wesley Housing Development Corporation, Arlington County, Capital One Bank, Hudson Housing Capital, Walker & Dunlop, and The…

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Capitol Technology University Breaks Ground On Residence Hall in Laurel

Capitol Technology University Breaks Ground On Residence Hall in Laurel

On October 22, Capitol Technology University, formerly know as Capitol College, broke ground on a new residence complex located on the school’s 52-acre campus in Laurel. When finished, it will house 300 undergraduate students.…

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Rockrose Buys 555 11th Street NW for $300M

Rockrose Buys 555 11th Street NW for $300M

Rockrose Development Corp. continues to expand in the Washington, D.C. market. The New York City-based company has recently purchased the class A Trophy building at 555 11th Street, NW in the city’s East End submarket, for $300 million.…

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