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WASHINGTON, DC—Developer JBG Companies plans to convert a portion of their Atlantic Plumbing and Hatton residential projects from rental to condominium.
WASHINGTON, DC—Business advisory company CEB rebuffed advances by the State of North Carolina and instead will relocate its Arlington corporate headquarters to 15 floors at JBG Cos. development at 1201 Wilson Blvd.
EAST RUTHERFORD, NJ—Despite more than 3 million square feet of new speculative construction expected to be coming on line during the second half of this year in Northern and Central New Jersey, Cushman & Wakefield predicts industrial vacancies will remain stable.
PHILADELPHIA—The multifamily project being built above a future Whole Foods location on N. 22nd St. has reportedly secured $20 million in mortgage financing.
AVENTURA, FL—The luxury housing project Privé has secured a key approval—a permit to install a second sidewalk on the South Island at Island Estates—that its developer says will help facilitate the project's groundbreaking this August.
MIAMI—New York City-based DRA Advisors, LLC has selected Cushman & Wakefield as the exclusive leasing agent for the Doral Concourse office building here.
NEW YORK CITY—With its acquisition of ARA National Seniors Housing Group, locally-based Greystone reports it has launched a senior housing real estate sales and investment advisory group entitled Greystone Real Estate Advisors, Inc. that will be headquartered in Atlanta.
WASHINGTON, DC—Commercial property owner's fears over potential changes to the District's tax assessment policy could be assuaged somewhat if ongoing talks with the District stay on course.