Regions Midatlantic | Washington, DC
KDC to Expand Operations
July 8, 2008

KDC plans to open new offices in Chicago, Washington, D. C. and the San Francisco Bay area by the end of the year, as well as expanding its Houston operations, the company said today. E2M Partners and Sammons Enterprises have formed a joint venture to make a capital investment in KDC.  Terms of the transaction were not disclosed. KDC has completed more than 90 corporate build-to-suit office and industrial projects valued in excess of $2.5 billion and totaling more than 13 million square feet. 

 
Recent Washington,DC Headlines
Washington REIT Pays $58M for DC Apartment Complex
With the shelling out of $58.3 million, Washington Real Estate Investment Trust has added a 374-unit luxury apartment community to its portfolio. Located in a relatively upscale neighborhood in northwest Washington, D.C., The Kenmore has a price tag of $155,750 per unit .
1401 K St. Guardian Nabs DC Office for $54M
The Tower Building, a 124,700-square-foot office property with a full tenant roster along Washington, D.C.'s famed lobbyist-laden K Street Corridor, has traded in a deal valued at $53.8 million.
Neal Joins GVA Advantis as Chairman
GVA Advantis said today that Jeffrey Neal has joined the company as chairman. Most recently, he was the co-founder and principal of the Washington-based real estate development company Monument Realty.
Northern Virginia County Gets First LEED Gold Spec Office
Construction has wrapped up for the first of two Class A office buildings that will comprise the 230,000-square-foot Atlantic Corporate Park in Sterling, Va., located about 25 miles from Washington, D.C., in Loudoun County.
Two Former Staubach Execs Join CB Richard Ellis
CB Richard Ellis Group Inc. has hired two real estate industry veterans, Michael McShea and Peter Larkin, formerly of The Staubach Co. Both focus on the public sector and have joined the company’s government and public sector solutions group, based in Washington, D.C. The Staubach Co. was recently acquired by Jones Lang LaSalle.