Retail space in the downtown office building at 1990 K St. has remained popular, as evidenced by two chain outlets' recent signing of leases for a total of just over 20,000 sf.
Acquisition financing to the tune of $13.4 million has been put in place for The Aerospace Building, a 150,000-sf, class A office structure in Prince George's County.
Ownership of Ballston Tower, the 225,000-sf office building built atop the Ballston Common Mall, changes hands in a deal valued at a reported $49.5 million, or approximately $220 per-sf
What remains of the Atlantic Building at 930 F Street--once the largest commercial structure in the District--has been sold to area developer Douglas Jemal of Douglas Development Corp. for a rumored $10.5 million.
Bernstein Companies has completed the renovation of the Bethesda Court Hotel. Located at 7740 Wisconsin Ave., the 75-room property has been refitted to resemble a European-style boutique hotel.
XM Satellite Radio Holdings Inc. is negotiating to buy a three-story headquarters building in Northeast, an anchor development in the District's fledgling technology corridor.
The Bernstein Cos., the D.C.-based real estate investment and development group, has picked up the nine-story office building at 1990 K St, NW for $56 million.
Bernstein Cos. launches $100 million investment fund Washington, D.C.-based The Bernstein Cos. (TBC) has subscribed to a $100 million Consortium Capital equity fund designed to attract acquisition and joint venture partners.
