Rockefeller Group and Stonebridge will modernize and re-imagine the full-block, 48,401-SF parcel, which hosts Metro's office property, the Jackson Graham Building.

The retail asset was acquired by ALTO's Fund 3 for nearly $38 million.

The purchase of the DC-based, property management company expands Avison Young's offerings within the area.

The company aims to expand its National Net Lease Group, while establishing its presence in the region with its 28th office location.

The firm is set to begin construction on a 105,000 SF development atop a DC building; serving as the city's first commercial office property to utilize mass timber construction.

The company has opened a new regional office to serve its East Coast projects, and has additionally appointed a new executive to lead its practices.

The disposition of the 225-room, Thompson hotel to Union Investment was prearranged more than two years prior to the hotel's completion.

The luxury apartment community, located in Montgomery County, MD, will feature more than 15,000 square feet of amenity space.