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The whisper price of the development site is said to be $50 million.

“Any tariffs on aluminum and, especially, steel are likely to be damaging to construction in multiple ways.”

“Funding for infrastructure and redevelopment and the explosive growth of e-commerce are just some of the factors that continue to impact the commercial real estate industry,” says Michael McGuinness, CEO of the New Jersey Chapter of NAIOP.

ALEXANDRIA, VA--MRP Realty has acquired the Windsor at Arbors, a 400-unit multifamily property that was sold by GID Real Estate Investments.

WASHINGTON, DC--A venture between Rockpoint Fund V Acquisitions and Three Wall Capital has acquired the Beacon Hotel here.

The 13-story, 403,622 square foot asset is fully leased.

Reston Gateway will be developed in multiple phases and could ultimately have as much as 3.5-million square feet of mixed use space.

“This is a battle for shareholders -- a battle over who is telling the better story.”