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GREENBELT, MD-Capital Office Park becomes part of Mack-Cali Realty Corp.'s real estate portfolio with the official closing of a $162-million deal. The seven-building complex features an aggregate 842,300 sf of predominantly class A space, 83.9% of which is presently occupied.
WASHINGTON, DC-Development of 1602 L St. NW, designed to appeal to small and medium-size companies, takes a step forward with the start of construction. The $18-million 52,300-sf structure is being built on the site of a former parking facility.
EDGEWOOD, MD-A financing deal closes for the acquisition of Edgewood Park Apartments, a 132-unit multifamily complex in Harford County. Located off I-95, the garden-style apartments were developed in the late 1960s.
WASHINGTON, DC-The 300,000-sf office building at 1110 Vermont Ave. is about to get a facelift, as construction commences on a $40-million renovation of the property. Majority owners of the building paid $82 million for their stake in the 27-year-old building last year.
PRINCE WILLIAM COUNTY, VA-US Foodservice, the Columbia, MD-based national distributor of food products to restaurant facilities, plans to expand its distribution center just outside of Manassas. The firm will add 50,000 sf of warehouse and office space for $7.5 million.
WASHINGTON, DC-The leasing level at Terrell Place, the 476,000-sf office and retail complex near the MCI Center, reaches 89% as four companies sign on for a total of 42,400 sf. Law firm Venable LLP is the lead tenant at the property with 263,000 sf of space.
FAIRFAX, VA-Ground breaks on Phase I of the $90-million Old Town Village Fairfax, a mixed-use development here. The first segment of the project will contain 144,000 sf of class A office and ground-level retail space contained within four buildings.
FAIRFAX, VA-Ground breaks on Phase I of the $90-million Old Town Village Fairfax, a mixed-use development here. The first segment of the project will contain 144,000 sf of class A office and ground-level retail space contained within four buildings.
MCLEAN, VA-Replacing an existing $100-million secured term loan facility, Highland Hospitality Corp. closes on a $150-million unsecured revolving credit facility with a three-year term. Conditions of the facility include an option for a one-year extension, as well as an additional $200 million.
STERLING, VA-First Potomac Realty Trust snaps up Sterling Park Business Center, a two-building flex/office property in the Dulles Corridor, for $30.9 million. In addition to the buildings totaling 127,800 sf, the deal includes 42.5 acres of developable land.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource