Regions Midatlantic | Washington, DC
Transwestern Completes $62M Financing for D.C. Office Building
July 29, 2008

Transwestern has arranged first mortgage financing in the amount of $62 million for 650 Massachusetts Avenue, NW , located in Washington, D.C. for Washington Television Center L.L.C.  Jim Bonham and Wes Scott, both of Transwestern’s Investment Banking Advisory Group, arranged the financing. 650 Massachusetts Avenue is an eight-story 317,392-square-foot Class A office building located in downtown’s East End, a block from the new convention center. It is currently leased to such tenants as Blackboard Inc., Atlantic Video and National Public Radio. Amenities include an on-site fitness center, state-of-the-art shared conferencing facility and convenient access to hotel and Metro Rail.

 
Recent Washington,DC Headlines
Washington REIT Pays $58M for DC Apartment Complex
Sept. 08, 2008
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
Sept. 04, 2008
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
Aug. 20, 2008
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
Aug. 18, 2008
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
Aug. 13, 2008
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.