Regions Midatlantic | Washington DC
Budget to Save Commercial Property Holders $21M in  D.C.
May 16, 2008
Commercial property holders in Washington, D.C. will save $21 million in savings for the year beginning in October following the D.C. Council's  passage of its 2009 budget, Washington Business Journal reported.
Corus, Lehman Bros. Make D.C. Loans
May 15, 2008
Corus Bank closed a $72 million loan to MR BP Office #1 L.L.C. to finance the construction of a nine-story Class A office building located at 55 M Street SE in Washington, D.C.
Arent Fox to Relocate D.C. Office
May 15, 2008
Arent Fox L.L.P. has announced that it will relocate its Washington, D.C., office to 1000 Connecticut Ave. upon the expiration of its current lease in 2012.
First Building at 2MSF Suburban D.C. Research Campus Opens
May 14, 2008
The 120,000-square-foot office building at M Square - The University of Maryland Research Park in College Park, Md., has made its debut.
Washington DC to Lease Former Convention Center Parcel to Developers
May 13, 2008 - Source: Washington Business Journal
Hines and Archstone plan to build an upscale 400-room hotel and 100,000 square feet of additional retail space on the site.
$2B Fund to Capitalize on Transitioning RE Market
May 13, 2008
A new private equity fund, CDC Real Estate Opportunity Fund I, has been established to capitalize on certain advantageous circumstances that may arise in the market as a result of the credit crunch.
Seven-Person East Coast Retail Team Joins HFF
May 13, 2008
Holliday Fenoglio Fowler L.P. has announced that a team of seven capital markets professionals and analysts will join the firm.
Luxury Hotel to Rise on Convention Center Site
May 12, 2008
Washington, D.C., Mayor Adrian Fenty has unveiled plans for a new luxury hotel at the site of the old city convention center.
AHC Celebrates Opening of 108 New Affordable Rental Apartments in Arlington, Virginia
May 09, 2008
AHC Inc., the largest nonprofit developer and owner of affordable housing in Northern Virginia, celebrated the opening of The Frederick, a nine-story building with 108 new apartments for low- and moderate-income residents, it has announced.
Fourteen New Retailers, Eateries Coming to Westfield Annapolis
May 08, 2008 - Source: Baltimore Business Journal
The new stores are part of the mall's $160 million, 240,000 square-foot expansion.
Rockwall I and II. JPG Takes 2 Bethesda Office Buildings for $80M
May 08, 2008
The JBG Cos. has bought two North Bethesda, Md., properties for $80 million. Together, the class A buildings contain 346,000 square feet. The are located on the Rockville Pike near the Montgomery Mall.
CBRE to Be Leasing Agent for 300 New Jersey in D.C.
May 08, 2008
CB Richard Ellis Inc. has announced local real estate investor and developer Ralph Dweck selected the firm to handle leasing for Washington, D.C.’s 300 New Jersey Ave., N.W.
GSA Renews Lease in Virginia
May 07, 2008
Lerner Enterprises of North Bethesda, Md., has announced that is has secured a lease renewal for 236,000 square feet with the General Services Administration (GSA) on behalf of the Department of Defense at 400 Army Navy Drive in Arlington (Pentagon City), Va.
Northern Virginia Office Property Set for $28M Upgrade
May 06, 2008
Century Center, a two-building office property just minutes outside of Washington, D.C. in Crystal City Va., will get a makeover, courtesy of owner Lowe Enterprises Real Estate Group.
Two D.C.-Area Buildings Leased Up
May 05, 2008
Washington Property Co. has leased up at two of its commercial office buildings--4 Research Place and Patriot East.
1750 K D.C. Office Building Trades in $76M Deal
May 02, 2008
A 152,500-square-foot office building in Washington, D.C., has come under new ownership, courtesy of a transaction valued at $76 million. Sumitomo Corp. of America took the fully-leased debt-free property off the hands of The Bernstein Cos.
Opus East Breaks Ground on $200M D.C. Office Development
May 02, 2008
Opus East has broken ground on one of its office developments in Washington, D.C.
GMH Military Housing Division Bought by Balfour Beatty
May 01, 2008
Balfour Beatty Group has completed acquisition of the military housing division of GMH Communities Trust for $350 million, it has reported.
Mayfield Gentry Nabs D.C. Office
May 01, 2008
Mayfield Gentry Realty Advisors has agreed to purchase an 82,000-square-foot office building on K Street in Washington, D.C.
JV Secures $53M Loan for Washington, D.C. Mixed-Use Development
May 01, 2008
The joint venture of Canyon-Johnson Urban Fund and Donatelli Development has secured a $53 million construction loan with Citi Community Capital for Park Place, a ground-up, transit-oriented development comprised of 161 residential units and town homes, and community-serving retail in the Columbia Heights/Petworth submarket in northwest Washington, D.C.
Freddie Mac Will Not Issue a Reference REMIC(R) Security in May
May 01, 2008
Mclean, Va.-based Freddie Mac has announced it will not issue a Reference REMIC security during the week of May 12, 2008.
Fisher House Apartments Restoration Unveiled
April 29, 2008
The Arlington Partnership for Affordable Housing, the Virginia Housing Development Authority, Arlington County and Enterprise Community Investment, Inc. has announced the grand opening of Fisher House apartments, a complex for individuals and families earning 60 percent or less of area median income in Arlington, Va.
$217M Construction Loan for Virginia Mixed-Use
April 25, 2008
Global equity firm The Carlyle Group and developers Cypress Equities and Kettler have received a $217 million construction loan that paves the way for the building of The Village at Leesburg in Leesburg, Va.
J Street, Woodmark to Merge
April 22, 2008
The J Street Cos. and J Street Development have reached a merger agreement in principle with the Woodmark Cos., according to a J Street release.
D.C. Office Building Fetches Steep $837 Per SF
April 15, 2008
The office building at 2099 Pennsylvania Ave. NW in Washington, D.C., has come under new ownership, courtesy of a transaction valued at $172.5 million.
 

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