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WASHINGTON, DC—Boston based Beacon Capital Partners has decided to follow up MedStar Health's long-term lease deal last month at the three-building Lafayette Center with the reported hiring of Eastdil Secured to market the 784,000-square-foot complex for sale.
RESTON, VA—JBG Cos. proposal to add retail and restaurant space at its 490,000-square-foot suburban office campus here at Reston Executive Center has drawn praise from Fairfax County planners.
PHILADELPHIA—Following in the footsteps of the Philadelphia 76ers and the Philadelphia Flyers, another sport franchise is moving its corporate offices outside of the city.
ATLANTIC CITY, NJ—The New Jersey Casino Control Commission is holding a special meeting on Thursday to consider granting preliminary approval to the Florida Seminole Indians, the owner of the Hard Rock brand, to own a casino here.
NEW YORK CITY—Aside from markets on the West Coast and in the Sunbelt, “most of the rest of the country is lagging the national index gains,” says S&P Dow Jones' Blitzer.
IRVINE, CA—Nothaft, who had been at the GSA since 1986, will be responsible for expanding CoreLogic's economic policy unit and enhancing its research capabilities.
TUCSON—ORION Investment Real Estate completed the sale of Paloma Village Center in Tucson. The 37,739-square-foot center sold for $17.2 million to HRA Paloma LP, a commercial real estate entity affiliated with Hannay Realty Advisors based in Phoenix.
IRVINE, CA—With 76 hotel properties traded via the online marketplace in 2014, “we've decided to focus resources on the hospitality sector,” says vice chairman Monte Koch.