Regions Midatlantic | Washington, DC
NPR Acquires Its New HQ Building in D.C.
July 29, 2008

NPR, the Washington-based broadcast and digital media company, has closed on its acquisition of 1111 North Capitol Street, N.E. in the NoMa neighborhood of Washington, D.C. The seller was Randall Hagner of Washington, D.C. Last March, NPR announced that it will relocate from Penn Quarter to this former warehouse in NoMa, just north of the U.S. Capitol. NPR plans to retain the building's façade and portions of the structure, and integrate it with a new ten-story office tower. All of NPR's 600 Washington-based activities will be housed in this new facility, with occupancy planned for 2012. NPR was represented by Vernon Knarr, Art Greenberg, Julie Rayfield, and David Perlstein of Studley.

 
Recent Washington,DC Headlines
HFF Arranges $36M Financing for Washington, D.C., Office Building
Oct. 08, 2008
The Washington, D.C., office of Holliday Fenoglio Fowler L.P. has announced that it arranged $36 million in financing for 1401 K St., a 124,700-square-foot Class A office building in Washington, D.C.
Duke Realty to Build $1B Office Campus for Defense Dept. in Suburban D.C.
Oct. 01, 2008
The U.S. Department of the Army, acting under the direction of the U.S. Department of Defense, has decided to make a new home at the 350-acre Mark Center in Alexandria, Va., and Duke Realty Corp. is going to provide the land and the development services for the 1.7 million-square-foot office compound. Construction of the approximately $1 billion project will allow for the unification of a group of 6,400 predominantly Army personnel from various leased office buildings in Northern Virginia at a single location.
portals $212M Bridge Financing in Place for D.C. Office
Oct. 01, 2008
Despite being slowed down by the economy's downward spiral and the debilitating credit crunch, Washington, D.C.'s office market has remained relatively strong. Still, securing a substantial financing deal in the midst of the Wall Street crisis may seem like a bit of a pipedream. A newly announced transaction, however, has disproved that notion.
Forest City Secures $250M in Financing for 2.5M SF Mixed-Use Project in D.C.
Sept. 24, 2008
Flying in the face of the debilitating credit crunch, Forest City Enterprises Inc. has managed to close on a $250 million construction financing deal for Waterfront Station, a 2.5 million-square-foot mixed-use project underway in the blossoming southwest area of Washington, D.C.
Berkshire Income to Sell Suburban D.C. Apartments in $53M Deal
Sept. 19, 2008
Taking another step in its mission of creating value through property management and repositioning, Berkshire Income Realty Inc. has entered into an agreement to sell Westchester West Apartments in Silver Spring, Md., in a transaction valued at approximately $53.4 million.