Multifamily news in Marketing - Washington DC
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Greysteel Markets Value-Add Asset in St. Mary’s County
The 102-unit Queen Anne Park in Lexington Park, Md., is currently owned by Whetstone Co.
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Greysteel Markets Value-Add Community in Northeast D.C.
The two-building community sits in an area which is seeing rising rents and a significant pipeline of new and renovated properties in both the multifamily and retail sectors.
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New Legislation Keeps Advisory Board in D.C.
The mayor of D.C. is doing her best to create and keep jobs in the District.
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International Law Firm Relocates D.C. Headquarters
An international law firm has found a new home in Washington, D.C.
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Monday Properties Registers Big Win in Rosslyn
Summer might be over but the sun still shines on one Greater Washington company.
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Prince George’s County Gets its First Nordstrom Rack
Prince George’s County is getting a new Nordstrom Rack. The Seattle-based fashion specialty retailer announced last week that it intends to open a new location in Glenarden.
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Atapco Industrious in Prince George’s County
By Adrian Maties, Associate Editor The Steeplechase 95 International Business Park in Prince George’s County is about to get bigger. Atapco Properties, a wholly owned subsidiary of American Trading and Production Corp. and the owner of the park, announced that it will soon start work on another industrial building in the Capitol Heights complex. The [...]
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Executive Spotlight: Recipe For Success, Kris Broder of BECO Management
Rockville-based BECO Management, Inc. has had a lot of success attracting tenants to its Greater Baltimore-area properties this year. This success is a result of the commercial real estate company’s strategy to develop true partnerships with tenants.
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Bechtel to Relocate Frederick Operations to Fairfax County
Bechtel Corporation is expanding its presence in Fairfax County. The company plans to invest $10 million and relocate its Frederick, Maryland operation to Northern Virginia. Governor Terry McAuliffe made the announcement last week, also saying that the construction giant is bringing 700 jobs with it.
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Condos Benefitting From Art
The very trendy U Street corridor in Washington, D.C., is kicking it up a notch with ArtView.
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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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U.S. Department of Defense Renews 606,575-SF Lease at Hoffman Tower II
The U.S. General Services Administration, on behalf of the U.S. Department of Defense, has recently renewed its lease for 606,575 square feet of space at Hoffman Tower II, in Alexandria’s urban center. The transaction represents the largest lease signed in the D.C. area this past year.
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JBG Debuts 474-Unit M-F Project Near Rosslyn Metro; Luxury Condo Conversion in Pipeline
Arlington County officials joined the JBG Cos. on the morning of June 19 to celebrate the opening of Sedona|Slate, a modern mixed-use community in the Rosslyn area. It is the first Arlington County development slated to earn LEED Gold certification.
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American Campus Communities Invests in DC Student Housing; Penzance Signs Naval Analysis Center in Clarendon
By Adrian Maties, Associate Editor American Campus Communities Inc. has acquired full operational control of the 901-bed Varsity in College Park apartments. The Austin-based company paid $96.6 million for 79.5 percent of the existing entity that owns the Varsity. Completed last year [...]
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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. [...]