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Federal Capital Partners land new tenant
Chevy Chase-based real estate investment firm Federal Capital Partners, along with real estate company Strategic Capital Partners, signed Align Technology to a 60,000-square-foot lease in Raleigh, North Carolina. Align will occupy space in the Forty540 building, a five-story office totaling 200,000 square feet. Align will occupy the building’s first floor as well as a portion […]
Chevy Chase firm goes big in Atlanta
Chevy Chase-based Federal Capital Partners is partnering with Westbridge to turn the Union Stockyards district in Atlanta into office and retail space. This is FCP’s first commercial investment in Atlanta and follows the firm’s expansions into southeast markets such as Tampa, Nashville and Charleston in the last year. The plan is to transform the stockyards, […]
Chevy Chase firm closes $93.5M apartment deal
Chevy Chase-based real estate investment firm Federal Capital Partners and partner Kane Realty Corp. announced the $93.5 million sale of the Allister Hill luxury apartments in Raleigh, North Carolina. Federal Capital and Kane developed the 434-unit project in 2013, and it was 95 percent occupied at the time of the sale. “Allister North Hills was […]
Federal Capital Partners recapitalizes apartment portfolio
Federal Capital Partners, of Chevy Chase, a real estate investment company, announced on Tuesday that it is recapitalizing six properties in Maryland and Virginia valued at over $240 million. The properties, which have a total of 2,044 apartments, will continue to be managed by Ross Cos., of Bethesda, which will retain an ownership interest in […]
Lexington Village retail center sold for $24.1M
Federal Capital Partners, of Chevy Chase, announced the sale of Lexington Village, a 160,000-square-foot retail center in Lexington Park, St. Mary’s County. FCP and its partner, Westmoreland Partners, sold the shopping center for $24.1 million. The buyer was not identified. The two companies acquired the property in November 2010 through a foreclosure sale. They brought […]
Real Estate Weekly – 7/27/12
Mahan Rykiel creates plan for Children’s Inn playground Mahan Rykiel Associates Inc., a Baltimore-based landscape architecture, urban design and planning firm, designed a new playground/park for children seeking treatment at the National Institutes of Health campus in Bethesda. The first phase of the Children’s Inn playground was completed Monday by more than 150 volunteers from […]
Brooklyn bagels coming to Pikesville
Watch out, Brooklyn bagels are coming to Pikesville. The Original Brooklyn Water Bagel Co. will soon open Maryland’s first location in 2,865 square feet of space in Hooks Village at 25 Hooks Lane. Known for its bagels made with the not-so-secret ingredient of “real Brooklyn” water (which company officials claim they have cloned through a […]
