Transwestern tapped to provide asset services for 22-building portfolio in Virginia
Acquisition of properties positions DSC as one of Hampton Roads' largest office owners, firm says
Transwestern Real Estate Services has been tapped to handle asset services for a roughly 1.3 million-square-foot portfolio in Virginia that a Washington, D.C.-area developer recent...
Downtown DC office building to get $25 million makeover
Ownership to upgrade, add amenities to attract tenants
An office building in downtown Washington, D.C., is set to be refurbished, as workplace tenants throughout the nation's capital remain attracted to top-tier amenities and luxury ex...
US government considers shedding more offices around the country to save money
From Boston to Houston to Miami, property could be used as multifamily or mixed-use spaces, real estate pros say
The federal government is considering whether to shed or consolidate another 11 office buildings around the country, from Washington, D.C., to Houston to Chicago, to save an estima...
Affordable housing project in Virginia's Old Town Alexandria lands $120 million in financing
Multifamily complex with hundreds of mixed-income units expected to be completed in 2027
The developer of a ground-up multifamily building that would add hundreds of modestly priced apartments to Alexandria, Virginia's historic Old Town district has secured $120 millio...
Property management company to move headquarters from DC to Maryland
Bernstein Management expected to relocate by year-end
A commercial real estate management company that oversees properties in the Washington, D.C., area plans to move its headquarters from the nation’s capital to suburban Maryland, an...
Amazon to build huge fulfillment center in Virginia
Facility near Richmond expected to be fully operational in 2027
Tech giant Amazon is adding another huge robotics fulfillment center in Virginia to improve product delivery speeds for customers.
Carr gets approval to replace Virginia office building with multifamily property
Developer plans to complete 309-unit complex in Arlington's Clarendon neighborhood in 2027
The owner of an Arlington, Virginia, office building received approval to replace it with a multifamily complex as the push to transform aging and underutilized office properties i...
Law firm to relocate downtown DC office to Georgetown waterfront
Groom plans to move to 3050 K St. NW in 2027
A law firm plans to move its offices from downtown Washington, D.C., to a complex along the Georgetown waterfront, continuing the trend of legal groups driving leasing activity in ...
Blackstone merges three of its companies to increase opportunities at office, retail properties
Investment giant creates Perform Properties from ShopCore, EQ Office, Retail Opportunity Investments
Blackstone said it's creating a new entity from its companies focused on owning and investing in office and retail properties to increase financial performance and offer engagement...
Developer secures financing for multifamily project near DC’s Tidal Basin
The 356-unit 1301 complex is expected to be completed by 2027
Republic Properties Corp. has secured financing for a multifamily project in Washington, D.C., that is set to mark the final phase of a massive multibuilding mixed-use development ...
First communal living option devoted to LGBTQ+ seniors opens in DC
City, project leaders hope to recreate this type of affordable housing elsewhere
The first dedicated communal living space for LGBTQ+ seniors in Washington, D.C., has opened its doors, offering a template for shared multifamily housing that city and project lea...
Brick by brick: Lego moves to strengthen its supply chain in Virginia
Toymaker plans 2 million-square-foot warehouse 20 miles from future factory
A massive regional distribution center for toy company Lego Group is on its way to Virginia, with the plant to accompany a $1 billion factory it's also building in the commonwealth...
Global construction company signs lease to relocate Northern Virginia office
Gilbane to consolidate operations in expanded space
An international construction company signed a lease to move and expand its regional office within a Northern Virginia neighborhood.
Savills signs lease to relocate to smaller, ‘more efficient’ DC office
The deal comes amid a leadership change for the brokerage’s regional team
Savills signed a lease to relocate to a smaller office in downtown Washington, D.C., in a deal the brokerage said highlights its ability to utilize its industry knowledge to make t...
Massive mixed-use development opens near DC’s Anacostia waterfront
Redbrick LMD is raising capital for future phases of Washington's Bridge District
A mixed-use project east of the Anacostia River is bringing new retail space and hundreds of multifamily units to a historically underserved area of Washington, D.C., that is being...
Easterly buys Vermont property anchored by Homeland Security
Purchase is part of firm’s strategy to focus on ‘mission-critical’ facilities
A Washington, D.C.-based real estate investment trust bought a government-occupied facility near Burlington, Vermont, in a deal that it says fits into its strategy of adding buildi...
Fed holds key interest rate steady after Trump called for cut
Central bank keeps target range at 4.25% to 4.5%
The U.S. Federal Reserve is maintaining its benchmark lending rate, ignoring pressure from President Donald Trump to reduce borrowing costs.
Georgetown office building sells for apartment conversion
One Street Commercial acquires Northwest DC property for $29 million
A boutique office building in Washington, D.C.'s high-end Georgetown neighborhood sold to a developer that plans to convert the five-story property into residential use, marking an...
Amazon’s head of global real estate set to depart as company expands offices in major cities
Shannon Loew oversees a workplace portfolio of 65 million square feet in some 70 countries
Amazon's head of international real estate is leaving his role just as the online retail giant plans to expand its offices in New York and other markets after calling its corporate...
Three new Trader Joe’s grocery stores are coming to DC area
First of trio slated to open this month, grocer says
A trio of new Trader Joe's stores is on the way to the Washington, D.C., area, with one set to open this month and two more expected to launch later this year, in a sign that deman...