MCLEAN, VA-Capital Automotive REIT commits to a merger agreement with a group operating under the advisement of New York City-based real estate investment management services provider DRA Advisors LLC. Capital Automotive will be acquired by the investors for $3.4 billion in cash payouts for common shares and the assumption of existing debt.
MCLEAN, VA-Capital Automotive REIT commits to a merger agreement with a group operating under the advisement of New York City-based real estate investment management services provider DRA Advisors LLC. Capital Automotive will be acquired by the investors for $3.4 billion in cash payouts for common shares and the assumption of existing debt.
SILVER SPRING, MD-A $22 million financing package reaches completion for the Hilton Hotel in Silver Spring, a 263-room property developed in 1968 and renovated in 2001.
WASHINGTON, DC-The sale of the 131,700-sf office facility at 1901 L St. NW closes in a $51.5-million transaction. Located on a corner lot in the city's central business district, the freestanding 28-year-old building last sold in 2002 for $38.2 million.
WASHINGTON, DC-The sale of the 131,700-sf office facility at 1901 L St. NW closes in a $51.5-million transaction. Located on a corner lot in the city's central business district, the freestanding 28-year-old building last sold in 2002 for $38.2 million.
WASHINGTON, DC-The 94,000-sf office building at 2201 Wisconsin Ave. gets a new tenant as CreateHope signs on for 10,000 sf. The workplace-giving solutions provider is relocating from its Bethesda, MD home to meet the qualifications for a venture-funding program.
VIRGINIA BEACH, VA-Ethan Allen Home Interiors opens up in the retail section of the nearly two million-sf the Town Center of Virginia Beach. The home furniture store's new 25,000-sf space is twice the size of its previous location in the city.
VIRGINIA BEACH, VA-Ethan Allen Home Interiors opens up in the retail section of the nearly two million-sf the Town Center of Virginia Beach. The home furniture store's new 25,000-sf space is twice the size of its previous location in the city.
WASHINGTON, DC-Host Marriott Corp. agrees to acquire the 834-room Hyatt Regency Washington, DC on Capitol Hill from an affiliate of Blackstone Real Estate Advisors. Host Marriott will pay $274 million for the property.
WASHINGTON, DC-Host Marriott Corp. agrees to acquire the 834-room Hyatt Regency Washington, DC on Capitol Hill from an affiliate of Blackstone Real Estate Advisors. Host Marriott will pay $274 million for the property.