Washington, DC

Discovery Labs is targeting major markets across the US and also has several international locations in its plans as well. Target domestic markets include: Boston; New York City; Northern New Jersey; Washington, DC; Raleigh-Durham, NC; Chicago, Houston, Austin, San Diego, Los Angeles, San Francisco and Seattle.

Washington, DC—Locally-based Melina Cordero has been named as head of CBRE's retail capital markets business for the Americas. Her promotion will…

This was a non-core asset for Federal Realty Investment Trust.

NHI, headquartered in Murfreesboro, TN is the managing member and will own 97.5% of the joint venture equity and Bonita Springs, FL-based Discovery will own 2.5%.

According to a report released by brokerage firm JLL, as of mid-May 2019, retail openings in the district have outpaced closings nearly 4 to 1. In comparison, closings outpaced openings in 2018 with 1.3 closings per every opening.

The project began when Aria acquired adjacent existing apartment buildings at 1309 and 1315 Clifton Street in 2014-2015.

The 262-unit mixed-use multifamily community will be in the Hill East submarket.

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