Manufacturer to expand Maryland headquarters as data center power demand surges
PwrQ plans to grow its operations, add employees in Hanover
A Maryland-based manufacturer is expanding its headquarters and operations to meet what it described as growing power demands of data centers.
International health group moves into infamous Watergate space in DC
Pan American Health Organization takes over space on floor of 1972 break-in
A new office tenant has moved into a historic space at the Watergate complex in Washington, D.C., that was the location of the infamous 1972 break-in as the city's office market sh...
GSA sells historic Webster School building in DC in potential redevelopment play
Buyer is group affiliated with local commercial property firm
The federal government sold a historic former school in downtown Washington, D.C., in a deal that could lead to the historic property being redeveloped.
Veteran broker moves to Newmark to expand firm's DC office leasing business
Doug Mueller leaves JLL for 'opportunity to build something' at new company
Veteran office broker Doug Mueller, who spent the past 13 years at JLL in Washington, D.C., said he made his big move to rival Newmark for the chance to grow the brokerage's agency...
Investor buys four office buildings near DC as sales rebound across country
Melrose Solomon purchases portfolio in Alexandria, Virginia, at discount
A portfolio of four properties that occupies a full city block in Old Town Alexandria, Virginia, near Washington, D.C., has sold as investor appetite for office buildings rebounds,...
Meridian's sprawling industrial building boosts emerging corridor near DC
Firm invests in speculative project as development picks up in Virginia's Shenandoah Valley
Construction wrapped up on a more than 1 million-square-foot logistics facility in a Washington, D.C., exurb that has emerged as a manufacturing hub in Virginia's Shenandoah Valley...
Lingerfelt sells industrial facility near Richmond, Virginia
Property sale comes after investment activity in market dropped last year
Lingerfelt sold a fully leased logistics facility near Richmond, Virginia, in one first industrial transactions in a market that saw a slight drop in the area’s total investment sa...
Carr secures financing to redevelop suburban DC office site as apartment complex
Firm forms venture with Barings that land construction loan for Alexandria, Virginia, project
Carr Properties has secured financing for a mixed-use project outside of the nation’s capital that would transform a site that once housed an office building into more than 200 new...
Clear Capital executive wins multifamily mock investment contest
Scarlett Jia beats out other future apartment industry leaders at NMHC show
Clear Capital executive Scarlett Jia won the National Multifamily Housing Council's annual competition among rising industry leaders who faced off in a mock investment contest.
Former Key Bridge Marriott near DC slated for demolition
Arlington County, Virginia, returns control of property to owners, imposes deadline to raze it
The former Key Bridge Marriott just outside of Washington, D.C., that was declared a public nuisance in the spring is in line to be demolished.
Developer agrees to buy historic Hotel Harrington site in downtown DC
Potential new uses include housing, higher education, hospitality space
A historic hotel building in downtown Washington, D.C., is set to have a new owner.
Architecture firm Page leases space for new DC headquarters
Company plans to relocate workers from two District offices to 2101 L St. NW
An architecture and engineering firm signed a lease at a Washington, D.C., office building that traded hands only six weeks ago.
Flaws found in selection of Maryland for new FBI headquarters
Inaccurate cost estimates, lack of specifics cited by agency inspector general
Investigators found flaws in the search for a new home for the FBI headquarters that resulted in the selection of a Maryland suburb over competing sites, a decision that could affe...
Federal government scraps multiple office leases, looks for more across country
GSA terminates 22 space agreements to try to reduce underused workspace
The Department of Government Efficiency led by billionaire Elon Musk says nearly two dozen office leases have been terminated and that it's looking for others to scrap as part of i...
Barnes & Noble to start new chapter with return to downtown DC
Move comes as bookseller plans to open dozens of stores this year
Barnes & Noble is starting a new chapter in downtown Washington, D.C., with the bookseller saying it will return to the city core as it opens dozens of stores during a year when re...
Fed holds interest rate steady as real estate professionals watch for new administration policies
The central bank maintained borrowing costs at 4.25% to 4.5%
The U.S. Federal Reserve held the benchmark lending rate steady as commercial property professionals join central bankers in watching for specific policies from the new Trump admin...
Jamestown sells stake in slew of DC buildings in area with historically tight supply
Firm sells ownership in Georgetown Renaissance to partner Acadia
Global investor Jamestown sold its stake in a portfolio of retail, office and multifamily buildings that spans the Georgetown neighborhood of Washington, D.C., and Alexandria, Virg...
Huge solar canopy to cover Hitt's new headquarters in Virginia
Construction firm breaks ground on Falls Church project
A large commercial construction firm broke ground on its new headquarters in Falls Church, Virginia, with plans to erect a giant overhead covering that would generate enough energy...
Blackstone agrees to buy Virginia power plant surrounded by data centers
Deal struck as energy need of facilities emerges as issue in some areas
A division of investment management giant Blackstone plans to buy a power plant in Virginia located near more than 100 data centers that consume gobs of energy.
Apartment investment firm ups ante on Sun Belt
Mesa Capital makes multiple multifamily investments across fast-growing region
Multifamily investment firm Mesa Capital Partners said its confidence remains high in the Sun Belt market, and it's putting its money where its mouth is.