This sale follows on the heels of the sale of the 343-room, Liaison Capitol Hill in the District for $111 million.

The portfolio totals 2.3 million square feet and is located in four markets.

“There are a range of units and options we discuss with landlords.”

Rubenstein Properties was the seller of the portfolio, which contained 28 buildings and one development parcel.

The REIT is opening its first full-service corporate office in Northern Virginia in part to target “incremental investment.”

CBRE brokered the 46,016 lease for Target at CityLine.

The sale price of the 343-room hotel reflects a 16.9x EBITDA multiple and a 4.9% net operating income cap rate.

Sorry, Arlington, you probably won't be getting the bulk of the jobs originally slated for Queens.