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Washington D.C.


Lerner Starts Vertical Construction of State-of-the-Art Office Tower in Tysons Corner

Lerner Starts Vertical Construction of State-of-the-Art Office Tower in Tysons Corner

Lerner Enterprises announced last week it started construction on 1775 Tysons Boulevard, an 18-story state-of-the-art office tower in Tysons Corner. The project is expected to be completed in late 2015. It will be the fifth premier office tower within The Corporate Office Centre at Tysons II master planned development.…

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Washington Property Co. Opens 232 Units in Suburban D.C.

Washington Property Co. Opens 232 Units in Suburban D.C.

Though a few finishing touches remain, residents are now moving into Solaire Wheaton, a LEED Silver certified TOD community in suburban Washington, D.C. …

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Two More D.C.-Area Office Properties Change Hands

Two More D.C.-Area Office Properties Change Hands

Office properties in the Washington, D.C. area continue to attract interest from investors. Last week, I wrote about the acquisition of the Thurman Arnold Building by a MetLife Inc. and Norges Bank Investment Management joint venture, in the first major commercial real estate sale of the year. Two more office…

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MetLife, Norges Bank Buy D.C. Trophy Office Building in First Major Transaction of 2014

MetLife, Norges Bank Buy D.C. Trophy Office Building in First Major Transaction of 2014

A month after announcing the birth of their joint venture, MetLife, Inc. and Norges Bank Investment Management (NBIM), a Norwegian pension fund manager, have made public the names of their second and third investments. One of the properties is located in downtown Washington, D.C. and is one of the city’s…

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Georgetown’s Montrose Residences More Than 50% Pre-Sold

Georgetown’s Montrose Residences More Than 50% Pre-Sold

In spite of the booming apartment construction in the Washington, D.C., metro area, the condo market is tight, with just nine-and-a-half months of new inventory available in the region, on average, according to Marcus & Millichap Real Estate Investment Services. The demand to own condos in the market is high…

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D.C.-Area Industrial Properties Sold for $35M

D.C.-Area Industrial Properties Sold for $35M

Two Greater Washington industrial properties have recently traded for about $35 million.…

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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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