CAPITAL HEIGHTS, MD-A five-structure industrial portfolio known as Hampton Overlook and Hampton South, gets snapped up for $23.1 million. The warehouses account for a total of 303,000 sf.
CHANTILLY, VA-Victory Point@Westfields, a 165,000-sf office building in the 1,100-acre Westfields Corporate Center, opens its doors to a new tenant as Alliance Bank signs on for 25,600 sf for its relocation from across the street.
SILVER SPRING, MD-Nine office/flex buildings at the 250-acre WesTech Business Park change hands. The portfolio, which has an occupancy level of about 97%, features 366,500 sf of space.
BETHESDA, MD-In a $1.7-billion deal RLJ Development LLC takes hold of 100 hotels in 12 states across the country. Merrillville, IN-based White Lodging is selling the portfolio of mostly Hilton and Marriott brand properties, but will continue its management duties under a long-term agreement.
BETHESDA, MD-In a $1.7-billion deal RLJ Development LLC takes hold of 100 hotels in 12 states across the country. Merrillville, IN-based White Lodging is selling the portfolio of mostly Hilton and Marriott brand properties, but will continue its management duties under a long-term agreement.
CHESAPEAKE, MD-First Potomac Realty Trust snaps up the 143,400-sf flex/office property known as Crossways I in a $15.5-million transaction. The building, which sits on a 13-acre parcel off I-64, is mainly occupied by offices of the federal government and Sentara Healthcare.
WASHINGTON, DC-The Lincoln Suites Hotel comes under new ownership in a $14.5 million deal that is partially funded by a $3 million gap equity financing deal. The 99-room lodging property will be renovated and renamed the Quincy.
LAUREL, MD-The acquisition of Laurel Mall officially closes. Somera Capital Management partners with AEW Capital Management in a joint venture to buy the three-story enclosed retail property out of a receivership.
LAUREL, MD-The acquisition of Laurel Mall officially closes. Somera Capital Management partners with AEW Capital Management in a joint venture to buy the three-story enclosed retail property out of a receivership.
BELTSVILLE, MD-A 15,000-sf space is claimed at 11750 Beltsville Dr. as Techno-Sciences Inc. signs a lease at the 45,000-sf office building for its new home. The company will relocate from nearby Lanham, nearly doubling its office space.