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Category Archives: Metro DC CRE

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Whole Foods Market to Open in Loudoun County

CRE Worldwide Posted on August 5, 2014 by Ramin SeddiqAugust 5, 2014

Whole Foods Market has signed a lease to take 40,000sf at Belmont Chase – a new retail development with six separate buildings totaling 86,808sf, according to CoStar. This will be the first Whole Foods Market in Loudoun County, Virginia. Other … Continue reading →

Posted in Metro DC CRE | Tagged Development, Leasing, Retail

2001 Penn NW

CRE Worldwide Posted on July 21, 2014 by Ramin SeddiqJuly 21, 2014

Carr Properties has purchased 2001 Pennsylvania NW (James Monroe Building) in Washington for $107.75 million ($700/sf) according to CoStar. Property Group Partners (PGP) acquired the 154,248sf Class This drug is very much beneficial for the patients and this is the … Continue reading →

Posted in Metro DC CRE | Tagged Investments, Leasing, Office, Pricing, RE Sales

Developer to Begin Construction on Congress Heights Housing Development

CRE Worldwide Posted on April 28, 2014 by Ramin SeddiqApril 28, 2014

Capitol Real Estate Development recently secured a $5 million loan to begin construction on Phase I of a housing development in DC’s Congress Heights neighborhood. This phase includes 26 homes with prices ranging between $240,000 and $360,000 and is expected … Continue reading →

Posted in Metro DC CRE | Tagged Construction, Development, Lending, Multi-family

DC Class A Office Buildings Outperform Other Classes

CRE Worldwide Posted on April 20, 2014 by Ramin SeddiqApril 20, 2014

Class A (four and five star) properties in the DC market are trading at a 115 percent premium when compared with sales of all office buildings in the region, according to The The Lysine, when combined with the Arginine has … Continue reading →

Posted in Metro DC CRE | Tagged Leasing, Office, Pricing, RE Sales, Vacancy Rates

Edens to Expand its Portfolio Following $1.5 Billion Investment

CRE Worldwide Posted on December 30, 2013 by Ramin SeddiqDecember 30, 2013

Retail real estate developer/owner Edens Investment Trust recently closed a $1.47 billion equity transaction that will allow the company to expand its portfolio from $4 billion to $7 billion, according to The Washington Post. Blackstone Group bought out the State … Continue reading →

Posted in Metro DC CRE | Tagged Development, Investments, Multi-family, Retail

GWCAR Disaffiliates from NAR

CRE Worldwide Posted on December 23, 2013 by Ramin SeddiqDecember 23, 2013

At their annual meeting, held on December 12, the Greater Washington Commercial Association of Realtors (GWCAR) membership voted to disaffiliate from the National Association of Realtors (NAR) and the NAR-related state associations Sexual role play is the most necessary game … Continue reading →

Posted in Metro DC CRE | Tagged CRE Profession

MGM National Harbor

CRE Worldwide Posted on December 22, 2013 by Ramin SeddiqDecember 22, 2013

In a 5 to 2 vote, the Maryland Video Lottery Facility Location Commission awarded MGM Resorts International the state’s sixth and final casino license to build a $925 million casino resort at National Harbor in Prince George’s County, MD – … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Hotels, Retail

Washington Adventist Hospital Plans to Relocate to White Oak

CRE Worldwide Posted on December 15, 2013 by Ramin SeddiqDecember 15, 2013

Washington Adventist Hospital – a 252-bed acute care facility in Takoma Park, MD is making its second bid since 2006 to move to a 48-acre site which it purchased in 2007 off of Plum Orchard  Drive and Cherry Hill Road … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Healthcare Real Estate, Land, Leasing

George Washington University is Heavily Invested in DC Real Estate

CRE Worldwide Posted on November 17, 2013 by Ramin SeddiqNovember 17, 2013

George Washington University’s real estate investments have tripled over the past decade and appreciated by $20 million in the past year, totaling $813 million by Q3 2013, according to Hypnosis can not only deliver strategies to aid resolve the issue … Continue reading →

Posted in Metro DC CRE | Tagged Development, Investments

WRIT to Sell its Healthcare Real Estate Portfolio

CRE Worldwide Posted on October 21, 2013 by Ramin SeddiqOctober 21, 2013

Washington Real Estate Investment Trust (WRIT) has entered into four separate contracts (with one buyer) to sell its medical office portfolio, according to Seeking Alpha. WRIT will sell a total of 1.5 million square feet for $500,750,000 ($329PSF). The portfolio … Continue reading →

Posted in Metro DC CRE | Tagged Healthcare Real Estate, Office, RE Sales, REITs

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