The increasing scarcity of affordable urban space and the demand for intimate, relaxed urban settings has led to an urban alley revitalization trend across many major U.S. cities. DC’s Height Act of 1899 limiting building heights to 110 feet has … Continue reading →
DC-based Washington Real Estate Investment Trust (WRIT) plans to acquire Watergate 600 for about $135 million ($436/sf), according to Washington Business Journal. The 309,000sf, 12-story, Class A property is located at 600 New Hampshire Avenue and is part of the … Continue reading →
A 1975 agreement between White Flint (the developer of what would become White Flint Mall) and Lord & Taylor committed the retailer to lease land on the mall site and in exchange, White flint would construct an enclosed “first class” … Continue reading →
According to a residential rental affordability index developed by London-based real estate firm Nested, DC is the fourth most expensive rental city in the U.S. and sixth most expensive globally (among 72 cities worldwide). seanamic.com purchase viagra online With the … Continue reading →
Atlanta-based Goddard Investment Group recently purchased the vacant Class A property located at 500 D Street SW (known as National Square) for $93 million ($272.50/sf). Developed by Trammell Crow The following list contains details about the symptoms of pancreatic deficiency … Continue reading →
Last week, the DC Zoning Commission granted approval for the construction of Audi Field, DC United’s new $300 million stadium. Located at Buzzard point, the 20,000-seat stadium will include 31 luxury suites, four of which will be reserved for city, … Continue reading →
The DC Historic Preservation Review Board ruled last week that the Old City Development Group and PGN Architects redevelopment plans for the former Holzbeierlein Bakery warehouse in Shaw are compatible “with the character of the industrial complex of buildings,” according … Continue reading →
Nestlé will move its U.S. corporate headquarters from Southern California to Arlington, Virginia, according to ARLnow. The company is leasing 200,000sf on the top nine floors of 1812 N. Moore which is located in the Rosslyn neighborhood. Monday Properties owns … Continue reading →
Restaurant tax revenue in DC increased by over $41 million from 2011 to 2015, according to Washingtonian magazine. The proliferation of new restaurants, coupled with increases in the city’s minimum wage rate (recently upped to $11.50/hour and on track to … Continue reading →
Marriott, the world’s largest hotel firm, has signed a letter of intent to lease space at 7750 Wisconsin Avenue for its headquarters where about 3,500 employees are expected to work. The planned development by Boston Properties and Bernstein Cos. is … Continue reading →