JBG Smith shifts sales focus to apartments as DC office pricing remains 'historically distressed'
REIT sees slowdown in economic growth on horizon for Washington market
JBG Smith, the company leading the development of the neighborhood near Washington, D.C., that houses Amazon's second headquarters, said it's shifted from selling office properties...
Cresa expands national retail practice in 'historically tight' market
Firm focused on representing occupiers adds six-person team led by Marcus Cook
Cresa is fortifying its national retail practice with the addition of a six-person team as the brokerage looks to capture more market share with shop space at a premium across the ...
Coworking company The Malin to enter DC market
Shared office club in Washington's East End to be one of several that group plans to open nationally
A national coworking company plans to open its first location in Washington, D.C., a move it says makes sense as companies rethink conventional office needs following the pandemic.
Developers of The Wharf in DC sell stakes to Canadian financial partner
PSP Investments become sole owner of landmark waterfront mixed-use development in Washington
The developers of The Wharf sold their interests in the project to their Canadian investment partner in a transition for the high-profile Washington, D.C., mixed-use property.
Coliving apartments gain momentum as one solution for empty offices
Conversions could create options for low-income renters, design firm and public policy nonprofit say
The concept of transforming vacant office buildings in cities across the country into shared-living style apartments is gaining support as a way to ease a shortage of cost-effectiv...
Justice Department shrinks lease in major DC office by 30% in latest federal cost cutting
Agency renews for 402,787 square feet at Two Constitution Square
The Department of Justice is cutting back on a major office lease in Washington, D.C., but a broker involved said it's still one of the largest government real estate deals since P...
Major Maryland mall could be sold as owner defaults on $235 million loan
Unibail-Rodamco-Westfield explores 'all options' for Westfield Wheaton shopping center
A European real estate company that owns the Westfield Wheaton mall outside Washington, D.C., said it defaulted on its roughly $234.6 million real estate loan and could sell the pr...
Officials urged to turn federal buildings in DC into residential neighborhood
'Generational opportunity' arises to convert underused property to apartments, architect says
The federal government's focus on shedding underused properties in Washington, D.C., is getting labeled a rare chance to create a residential neighborhood in the Federal Triangle a...
National law firm moves to upgraded DC offices as top-tier space gets harder to find
Alabama-based Bradley subleases space at 1900 K St. from Dentons
A national law firm secured a new, high-profile location in Washington, D.C., by subleasing newly renovated office space that had been built out and put on the market in an area wh...
Real estate pros look for signs of federal offices heading to suburbs under new directive
Executive order scraps rules that prioritized downtown, historic areas in site selection
Commercial real estate professionals are watching for signs of a shift in the location of federal offices in the wake of new rules allowing the government to use real estate outsid...
Pepco's downtown DC headquarters sells to parent company
Exelon affiliate pays Brookfield $175 million for 10-story building in Washington
Pepco Holdings' downtown Washington, D.C., headquarters sold to its parent company for $175 million in a deal the utility company said will help it save money in the long run.
Two apartment complexes open in DC, including area's largest coliving option
Everly, Colette add more than 700 units to Washington's Buzzard Point neighborhood
Two apartment buildings were just completed in Washington, D.C.'s Buzzard Point neighborhood, including the largest fully furnished coliving offering in the metropolitan area, acco...
DC offices sell for about half of 2019 sale price as values reset across country
Miami investor pays less than $16 million for building in Dupont Circle neighborhood
A Miami real estate firm bought a recently renovated office building in Washington, D.C., for about half of what it sold for six years ago as pricing for this type of property rese...
Office-to-residential conversions get boost in DC suburbs as US housing needs grow
Montgomery County, Maryland, expedites approvals for projects
A suburban Maryland county near Washington, D.C., approved incentives to convert largely vacant office buildings into housing, following moves in the District and Virginia, in an a...
Work starts on apartment complex at former Frederick, Maryland, office site
Trammell Crow's High Street Residential expects to completed The Terrace in late 2027
A developer is underway on the transformation of an office site in Frederick, Maryland, into a 300-unit multifamily property that will offer new housing near the city’s downtown.
Virginia developer expands office portfolio with acquisition near White House
Taicoon plans to modernize facade of 818 Connecticut Ave. NW, add new amenities
Taicoon Property Partners, a developer from the Washington area that is planning a luxury condo project in Northern Virginia, added an office building near the White House to its p...
DC office building anchored by city agencies attracts buyer in challenging market
Easterly pays nearly $119 million for Capitol Plaza I in city's NoMa neighborhood
An office building in Washington, D.C., that counts city government groups as its anchor tenants sold to a real estate investment trust for nearly $119 million in a sign that well-...
US lawmakers spar over what to do with aging, vacant federal buildings
Government watchdog tells House panel new data is coming that could aid in recommendations
In an aging, empty federal office building in Washington, D.C., members of Congress argued over the best approach to manage the government’s large real estate portfolio as a watchd...
JLL launches healthcare hub to capitalize on demand for outpatient services
Firm taps Brannan Moss to lead effort to help clients navigate, leverage changing medical property market
JLL has tapped Executive Managing Director Brannan Moss to lead a new healthcare hub designed to help clients optimize their medical property portfolios and win more business in th...
Apartment rents expected to accelerate across country as demand stays solid, completions moderate
Kansas City, Chicago, Pittsburgh top cities for growth in asking rents, Apartments.com report finds
Apartment rents across the United States are expected to accelerate at a quicker clip in the second quarter as demand remains solid and the number of units completed continues to s...