BETHESDA, MD-The price is approaching $500,000 per key, Humboldt Hospitality's Marc Magazine tells GlobeSt.com's Erika Morphy. "It's a sign that the DC market for hotels is still frothy."

WASHINGTON, DC-Actually the government’s move to reduce its data centers by 40% is a reflection of larger IT trends that have little to do with the government’s budget woes, Pund-IT's Charles King tells GlobeSt.com.

WASHINGTON, DC-Historically the postal service has used several real estate service providers but by tapping CB Richard Ellis as its exclusive broker it can reap many efficiencies.

FORESTVILLE, MD-There were three lenders vying to finance the renovations at Regency Pointe, Donaldson Group’s Carlton Einsel tells GlobeSt.com. Wells Fargo was the most competitive.

WASHINGTON, DC-Even less well-known cities like Chengdu and Chongqing are experiencing an unprecedented boom, Usha Haley tells GlobeSt.com.

FALLS CHURCH, VA-It is selling at a mid six cap rate, in place, and when stabilized is expected to be at a mid seven cap.

WASHINGTON, DC-The bureau is set to open its doors on July 21 with an eye on stepped up bank regulation.

WASHINGTON, DC-The H street project, anchored by a Giant supermarket, was very competitive among lenders, Guy Steuart tells GlobeSt.com.