RICHMOND, VA-The Downtown property, which could cost as much as $200 million to realize, will encompass office and retail space, as well multifamily offerings and a boutique hotel.
RICHMOND, VA-The Downtown property, which could cost as much as $200 million to realize, will encompass office and retail space, as well multifamily offerings and a boutique hotel.
WASHINGTON, DC-Ballentine Barbera Group signs on for 10,800 sf in the 384,200-sf at 1625 I St. NW. The consulting firm will relocate from its current digs on Connecticut Ave. NW.
WASHINGTON, DC-Financing to the tune of $41.5 million is put in place for 2000 K St. NW, a 141,200-sf office building that is currently fully occupied by tenants including a division of the Federal Reserve Board. The funding is being provided in the form of a 10-year fixed-rate first mortgage.
WASHINGTON, DC-AEW Capital Management picks up the 88,305-sf office building at 1726 M St. NW for $26.6 million, or approximately $300 per sf. An 11-story structure, the property sits between Dupont Circle and George Washington University.
MCLEAN, VA-Ownership of the 68,500-sf office facility at 7601 Lewinsville Rd. changes hands in a $13.5-million transaction. The 18-year-old building, the former headquarters of luxury homebuilder and mortgage banker NVR Inc., has a current occupancy level of 70%.
WASHINGTON, DC-The John F. Kennedy Center for the Performing Arts will not undergo a 402,000-sf expansion as has been planned for the last several years, due to Congress' elimination of an intended allotment of $400 million to help develop the $650-million project. Congress omitted the funding allocation from the recently passed transportation bill.
WASHINGTON, DC-The John F. Kennedy Center for the Performing Arts will not undergo a 402,000-sf expansion as has been planned for the last several years, due to Congress' elimination of an intended allotment of $400 million to help develop the $650-million project. Congress omitted the funding allocation from the recently passed transportation bill.
WASHINGTON, DC-One Patriots Plaza, the recently completed office building that marks the first phase of the nearly one-million-sf Patriots Plaza, gets a new tenant as the federal government commits to two full floors in the 280,000-sf structure.
CHANTILLY, VA-Washington Real Estate Investment Trust acquires the 29-acre class A Albemarle Point business park here for $67 million. Situated within close proximity to the Washington-Dulles International Airport, the six-structure flex/office property is presently 97% occupied.