News

The apartment complex is part of a portfolio that KBS Legacy Partners put up for sale last year.

WASHINGTON, DC--MD--TIER REIT has completed its sale of 500 East Pratt in Baltimore and a JV between Feldman Bergin Properties and Fortified Property Group has made its second acquisition in Howard County.

BETHESDA, MD--This week RLJ Lodging appointed Robert J. McCarthy, former chief operations officer and group president at Marriott International as a trustee.

“There is diminishing supply here for this kind of product but demand from local businesses is still strong.”

Last year Northern Virginia accounted for all of the growth in financial employment in the Washington DC area, according to Cushman & Wakefield.

The Vienna, WV-based Grand Central Mall has secured a 20,000-square foot H&M to serve as its anchor.

Ariel Property Advisors hosted a panel of experts to share their real estate investing strategies—and none were buying in Staten Island anytime soon.

“Strong investor interest in new construction, vacant-forward sales, and institutional buying off of I-95 speaks to the depth of demand for all things industrial in New Jersey,” says Gary Gabriel, executive managing director, Cushman & Wakefield.