WASHINGTON, DC-Analysts see the Blackstone/CarrAmerica deal as a win-win situation. Mack-Cali certainly does, pocketing $16 million as it sheds its stake in the newly merged DC company.
WASHINGTON, DC-Analysts see the Blackstone/CarrAmerica deal as a win-win situation. Mack-Cali certainly does, pocketing $16 million as it sheds its stake in the newly merged DC company.
WASHINGTON, DC-Major League Baseball signs a 30-year lease for the new baseball park, paving the way for the start of construction of the 41,000-seat stadium. The deal includes the District's stipulation that development costs not exceed $611 million.
WASHINGTON, DC-Major League Baseball signs a 30-year lease for the new baseball park, paving the way for the start of construction of the 41,000-seat stadium. The deal includes the District's stipulation that development costs not exceed $611 million.
WASHINGTON, DC-The Four Seasons Washington, DC, joins the real estate portfolio of Strategic Hotel Capital Inc. The Chicago-based REIT closes on its $168.9 million purchase of the 211-room luxury hotel from a Louis Dreyfus Property Group-managed entity.
WASHINGTON, DC-The Four Seasons Washington, DC, joins the real estate portfolio of Strategic Hotel Capital Inc. The Chicago-based REIT closes on its $168.9 million purchase of the 211-room luxury hotel from a Louis Dreyfus Property Group-managed entity.
HERNDON, VA-Washington Real Estate Investment Trust chooses a team from Grubb & Ellis Co. to head up leasing activities at Dulles Station West. The 540,000-sf, two-structure office complex is being developed within the 63-acre Dulles Station master-planned mixed-use park.
ALEXANDRIA, VA-Duke Realty Corp. moves forward with its acquisition of a 32-building office and light-industrial portfolio from the Mark Winkler Co. with the closing of a $640 million segment of the total $855 million deal, which involves an aggregate 2.9 million sf.
ALEXANDRIA, VA-Duke Realty Corp. moves forward with its acquisition of a 32-building office and light-industrial portfolio from the Mark Winkler Co. with the closing of a $640 million segment of the total $855 million deal, which involves an aggregate 2.9 million sf.
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.
