Category Archives: Washington DC

REIT Agrees to Pay $146.8M for 211,170 SF Office Property in Arlington, VA

KBS Real Estate Investment Trust III reported on Wednesday that it has entered into an agreement to acquire 100 percent of the Class A voting units of a single asset…

KBS REIT III Agrees to Acquire Reston Square for $48M

A wholly owned subsidiary of KBS Real Estate Investment Trust III has entered into an agreement to acquire Reston Square, an office property containing 139,071 rentable square feet on 2…

Supernus Pharmaceuticals Extends Lease, Expands in Rockville, MD

Supernus Pharmaceuticals, Inc. has amended its lease with ARE-Acquisitions, LLC, an affiliate of Alexandria Real Estate Equities, for its headquarters space at 1550 East Gude Dr in Rockville, MD. The…

Hilton Springfield Sees its Appraised Value Slashed

Hilton Springfield, the 245-room, full service hotel in Springfield, VA valued at $49 million in early 2012, has seen its appraised value lowered to $27.7 million due in part to…

Industrial Property Trust Agrees to Acquire Corridor Industrial Center II for $27M

IPT Acquisitions LLC, a subsidiary of Denver, CO-based Industrial Property Trust, has entered into an agreement to acquire Corridor Industrial Center II, three industrial buildings totaling 429,000 square feet on…

Trepp: SRA International’s 264,514 SF Departure Could Impact Fairfax Portfolio Loan

SRA International‘s plan to let its leases expire at both 4300 and 4350 Fair Lakes Court in Fairfax, VA, where it occupies a combined total of 264,514 square feet, should…

Trepp: $310M Rosslyn Portfolio Loan Gets Boost from Politico

The 72,000 square foot office lease for Politico‘s headquarters at 1000 Wilson Boulevard in Arlington, VA is positive news for those evaluating the $310 million interest-only loan backed by 1000,…

GlycoMimetics Signs HQ Lease in Rockville, MD

GlycoMimetics, Inc. a clinical stage biotechnology company focused on the discovery and development of drugs to address unmet medical needs resulting from diseases in which carbohydrate biology plays a key…

$62M Loan on Westin – Falls Church Transferred to Special Servicer

A $62 million loan on the Westin – Falls Church Hotel in Falls Church, VA has been transferred to a special servicer due to imminent default, according to Fitch, which…

$150M COPT Office Portfolio Loan Becomes Delinquent for First Time

The $150 million COPT Office Portfolio loan, which is backed by two office properties in Chantilly, VA, has been transferred to a special servicer after becoming delinquent for the first…