WASHINGTON, DC-One NoMa Station--a segment of the planned $800-million, 1.8-million-sf NoMa office compound--snags its first tenant with the US General Services Administration's commitment to a 60,000-sf space at what will ultimately be a 409,800-sf office facility in the burgeoning NoMa Corridor.
WASHINGTON, DC-In a $54.5-million transaction, New York-based Brickman Associates is the new owner of the 149,000-sf office facility at 11 Dupont Circle. The three-decade-old property, which includes a 12,000 sf of ground-level retail segment, is fully occupied.
LORTON, VA-The Potomac Industrial Center, a 163,500-sf warehouse distribution facility, sells for nearly $13 million. The property, which fronts I-95, is fully occupied with the federal government accounting for more than half of the tenant base.
WASHINGTON, DC-The Bowen Building is about to become the sole property of Vornado Realty Trust as the REIT, which already owns 10% interest in the 231,000-sf trophy office building, commits to purchasing the remaining 90% for $119 million.
WASHINGTON, DC-The Bowen Building is about to become the sole property of Vornado Realty Trust as the REIT, which already owns 10% interest in the 231,000-sf trophy office building, commits to purchasing the remaining 90% for $119 million.
WASHINGTON, DC-The 5.2 million-sf mixed-use project planned for a 44-acre parcel at the government-owned Southeast Federal Center moves closer toward realization with yesterday's celebration of a finalized development agreement between the US General Services Administration and designated developer Forest City Washington Inc.
ARLINGTON, VA-A $28.3 million refinancing package for Woodbury Park Apartments closes, courtesy of a Freddie Mac Bond Credit Enhancement arranged by Deutsche Bank Berkshire Mortgage. The 364-unit residential community reserves 40% of its residences for low-income renters.
WASHINGTON, DC-In a deal valued at $135.5 million, the Chester A. Arthur office building comes under new ownership. About 99% of the building is leased to the General Services Administration for the Bureau of Immigration and Customs Enforcement headquarters.
WASHINGTON, DC-In a deal valued at $135.5 million, the Chester A. Arthur office building comes under new ownership. About 99% of the building is leased to the General Services Administration for the Bureau of Immigration and Customs Enforcement headquarters.
NORFOLK, VA-The Bank of Hampton Roads commits to a 24,000-sf space in the 436,000-sf building to house its new local headquarters. The space will accommodate corporate offices, as well as a full-service bank branch.