The Washington, D.C., area's retail vacancy rate has dipped below the national average for the first time since 2020, as strong leasing in the suburbs has offset a slowdown in deals in Washington.
Washington, D.C.’s hotel industry, which relies heavily on federal travel and conferences, experienced sharp declines in occupancy and revenue per available room, or RevPAR, during the government shutdown, and the trouble is likely to persist.
A joint partnership has launched a mixed-use development in Virginia's Falls Church area that represents the final component of a broader project aimed at creating more housing near a regional public transit system.
A Northern Virginia firm has scooped up its latest office building in downtown Washington, D.C., with plans to carry out a big renovation in an effort to attract tenants to the nearly half-empty property.
The number of office buildings able to accommodate large tenants is rapidly shrinking. As a result, major occupiers have fewer choices than at any point since office vacancy started its long climb in 2020.
A developer has launched a ground-up affordable housing project in Alexandria, Virginia, that is set to create hundreds of new units in an area facing a shortage of modestly priced residences.
The U.S. National Science Foundation plans to relocate its Northern Virginia headquarters in a move that will enable the U.S. Department of Housing and Urban Development to take over NSF's current offices.
A developer betting that a new office-heavy mixed-use development near Washington, D.C., can lure tenants even in a challenging market has landed a deal for a major headquarters.
Lenders are going to market with a $3.46 billion commercial mortgage-backed securities offering backed by Blackstone-owned data centers, breaking the previous record established by the same portfolio four years ago.The 10 data centers owned by Blackstone company QTS Realty Trust secured the refinancing to pay off the 2021 CMBS loan, according to presale reports. Citi Real Estate Funding is leading the loan origination, along with 10 additional lenders. The deal is expected to close in mid-December.
An island-inspired restaurant and a cocktail lounge opened on the ground floor of an office building in downtown Washington, D.C., standing to benefit from the return-to-office trend occurring in the nation's capital.
A new event center is on its way to a shopping mall outside Washington, D.C., that could serve as a replacement for a similar venue nearby that is slated to soon shut its doors.
The Washington Commanders have selected the lead architect for the team's proposed football stadium in Washington, D.C., a development that is slated to anchor a larger 180-acre mixed-use campus in Northeast Washington.
While traditional office tenants in the Washington, D.C., area continue to collectively vacate millions of square feet, the medical office sector stands out for its resilience, driven by steady demand for healthcare services and demographic tailwinds.
A Washington, D.C.-based developer has purchased a vacant office building in the nation's capital that it plans to demolish and replace with a luxury multifamily complex as more workspaces are being transformed into other uses.
A pair of just-closed large land deals, including one by technology giant Amazon, in Northern Virginia for data center campuses show companies are willing to shell out millions for tracts needed for the in-demand but at times criticized high-tech facilities.