Armada Hoffler names new CEO as it works to strengthen balance sheet
President Shawn Tibbetts to take REIT's top job on Jan. 1
Armada Hoffler plans to begin 2025 with a new CEO as the Virginia-based real estate investment trust moves forward with its succession plan and works to fortify its balance sheet.
EagleBank to relocate headquarters to different office tower in Bethesda, Maryland
Financial services firm's in-market move scheduled for late 2025
EagleBank plans to relocate its headquarters to an office tower in downtown Bethesda, Maryland, late next year.
Popular DC bagel shop wins fight to stay open following sale of property
Zoning board in nation’s capital grants permission for Call Your Mother location in Georgetown to keep operating
A colorful bagel shop in Washington, D.C.’s Georgetown neighborhood can keep its doors open following a contentious zoning battle with its neighbors.
Potential changes to federal workforce risk riling office markets, especially Washington, DC
Landlords face concerns of higher vacancies if government leases aren't renewed, investment bank says
Recent lease deals show the federal government is working to reduce the amount of office space it uses across the country. Now, President-elect Donald Trump's promises to cut the s...
DC real estate law firm to merge into Miles & Stockbridge
Krooth & Altman to join growing East Coast firm by year end
Two real estate law firms that practice in Washington, D.C., will soon join forces.
AstraZeneca plans $3.5 billion expansion of research, manufacturing operations across US
Big pharma firm looks for $2 billion in new investment from coast to coast
AstraZeneca plans to invest $3.5 billion by the end of 2026 to expand its research and manufacturing operations across the United States.
Washington Post joins corporate America in return of five-day office mandate
Media giant to call employees back for complete workweek more than five years after sending everyone remote
Washington Post employees are joining a growing portion of the American workforce in reverting back to a full five-day workweek.
Penzance plans to replace aging office park near DC with three residential towers
Developer could start One Rosslyn project with more than 500 apartments, condos in late 2026
A developer is planning to build three residential towers in Northern Virginia that would replace a pair of aging office buildings with more than 500 apartments and condos.
George Washington University buys building near DC campus for one-third of past sale price
Academic institution developing long-term plan for office property on Pennsylvania Avenue
George Washington University has purchased an office building close to its Washington, D.C., campus for less than a third of the price it previously sold for as the school grows it...
LA restaurant to open first East Coast location in DC
Osteria Mozza slated to open this month in a historic Georgetown building
The first East Coast location of a popular Italian restaurant from Los Angeles is set to open next week in a historic property in Washington, D.C.'s high-end Georgetown neighborhoo...
DC apartment building scheduled for foreclosure auction
The Rushmore in Capitol Hill is latest multifamily property to be put up for bid
A multifamily property built in 2020 in Washington, D.C.'s Capitol Hill neighborhood is on its way to a foreclosure auction.
Arlington, Virginia, office building up for sale as potential conversion
Transwestern markets nearly vacant property in Courthouse area as a 'blank canvas'
A mostly vacant office building up for sale in the Courthouse area of Arlington, Virginia, could be converted to residential units and take advantage of a possible rule change that...
Popular DC bagel shop remains in zoning battle while property is on the market
Washington, DC, zoning board to decide future of Call Your Mother in Georgetown next month
The fate of a popular bagel shop with a pink and teal facade in Washington, D.C.’s Georgetown neighborhood is up in the air as it remains in the thick of a lengthy zoning battle wi...
Downtown DC office building sells for third of past sale amount
Growing volume of vacant office space remains a major concern for the city
A downtown office building in Washington, D.C., sold for less than a third of its sales price almost a decade ago.
DC museum projects may draw more crowds to less crowded city
Local officials look to Navy, National Geographic sites to help fill void from fewer office workers
A new national museum for the U.S. Navy and an expansion of National Geographic's museum in Washington, D.C., are set to open in coming years, and economic development officials ar...
Work begins on Long Bridge rail project meant to ease traffic congestion
The project is scheduled for completion in 2030
Work on a rail project meant to relieve congestion at one of the busiest transit corridors on the East Coast is underway.
DC mayor proposes to buy and lease Capital One Arena
Deal aims to keep sports teams in the city, help revitalize economic activity downtown
The mayor of Washington, D.C., is proposing the District buy Capital One Arena from the owner of the city sports teams it hosts and lease it back to them, a move meant to keep the ...
Brandywine Realty Trust reportedly looks to exit DC office market
Area is not performing well from an office standpoint, REIT's CEO says
Brandywine Realty Trust is reportedly planning to exit the Washington, D.C., office market since it is not performing well amid the slow return to physical offices by the federal w...
Owner of Foster House in DC's Shaw neighborhood to sell property after settlement
Potential buyer must agree to keep apartments affordable for at least 30 years
The owner of a subsidized apartment complex in Washington, D.C.’s Shaw neighborhood and its business partner reached a settlement with the attorney general’s office to pay $1.65 mi...
Amazon, Dominion Energy to develop nuclear power in Virginia
Deal for small modular reactors comes as tech companies seek energy for data centers
Tech giant Amazon and utility company Dominion Energy formed a deal to look at ways to develop nuclear energy on a small scale in Virginia to meet the rising energy needs of data c...