"The open-space design of the former grocery store perfectly suited Cult Classic Brewing Co.'s requirement to retrofit the space with customized functions", Lee & Associates' Marley Welsh says.

Private demand for building is healthy, but gridlock in Congress and in several state governments is on track to depress public infrastructure spending.

GlobeSt.com reported the building was trading last month.

Rockpoint Group is acquiring the hotel, a source tells us.

The drop was driven by a 40 basis point increase in mortgage rates.

WASHINGTON, DC--Deals and news from around the region.

His hire is part of the company's push to expand its Mid-Atlantic office and industrial footprint.

"The average TI allowance is now $83 per square feet for a ten-year term," a number that is based on deals that have already happened, Research Manager Wei Xie tells GlobeSt.com.