Washington REIT, of Rockville, an equity real estate investment trust investing in income-producing properties in the Washington metro region, reported a drop in funds from operations for the second quarter — $25.2 million, or 38 cents per diluted share, compared ...Read More »
Washington Real Estate Investment Trust, a Rockville-based REIT that owns commercial and multifamily properties in the Washington area, said it has contracted to sell its entire, 17-building medical office building portfolio, as well as two suburban Virginia office buildings and a land parcel, to an unidentified buyer for $500.75 million.Read More »
Apartments at 1901 S. Charles accepting rental applications 1901 South Charles, a new contemporary apartment community in the SoBo neighborhood, is accepting rental applications. Studio, one- and two-bedroom units are available, starting at $1,365 a month. Apartments will be ready ...Read More »
Redskins’ stadium turns to solar power A new solar installation at FedExField in Landover — the home of the Washington Redskins — has been completed by NRG, one of the largest solar power developers in the United States. The 8,000-panel ...
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Financing for pinched hotel owners Choice Hotels International Inc. of Silver Spring, one of the world’s largest hotel franchisors, said a new partnership it has established with Access Point Financial Inc. will provide financing to qualified franchisees of major hotel ...
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Washington Real Estate Investment Trust of Rockville said it acquired Olney Village Center, a 199,000-square-foot shopping center in Olney, for $58 million. Olney Village Center, anchored by Shoppers Food Warehouse, is 98.7 percent leased to 32 tenants, including national retailers ...Read More »
Washington Real Estate Investment Trust of Rockville announced Monday it has agreed to sell its entire, 16-asset industrial portfolio, as well as two office buildings, to a single buyer for $350 million. The assets to be sold total approximately 3.1 ...Read More »