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Professionals were able to compare notes in a difficult economic environment and together we got out of it and innovated:

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To learn more about our vision and how we could leverage this together call me on +1 914 310 4189 or skype jeanclaudegoldenstein. I look forward to continuing our conversation.

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+1 914 310 4189

jcgoldenstein@creopoint.com

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Viewpoints

WASHINGTON REIT BREAKS GROUND ON THE TROVE APARTMENTS IN ARLINGTON, VA

Washington REIT (Washington Real Estate Investment Trust – NYSE: WRE) has broken ground for The Trove, a new 401-unit trend-setting apartment community in the close-in Columbia Pike corridor of Arlington, VA. Three new seven-story buildings offering stellar amenities are scheduled to start delivering in 2019.

The Trove is designed to provide the convenience of comparable apartment communities, but with more amenities and at a lower price point. Residents will enjoy a rooftop deck overlooking the area  and featuring a pool, cabanas, amphitheater-style decking, fire pits, grills, large screens for movie nights, and communal dining tables.

Spilling out into the rooftop deck will be a luxurious club room with a fireplace, gourmet kitchen, multiple TVs, pool table, and a variety of areas for seating and dining. Residents also will enjoy a double-height fitness center that opens up onto an interior courtyard, providing both interior and exterior fitness space. Co-working…

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Posted by Leslie Braunstein on August 23, 2017 at 4:34pm

StoneBridge Acquires 272-Unit Atlanta Apartment Community

StoneBridge Investments of Washington, DC has acquired Veridian at Sandy Springs, a 272-unit apartment community in the greater Atlanta submarket of Sandy Springs, for $32 million. The seller, a fund managed by Covenant Capital Group, LLC, was represented by Mike Kemether and Travis Presnell of Cushman & Wakefield. Elliott Throne, Gregg Shapiro, and Ware Shipman of HFF secured acquisition financing through a Freddie Mac loan.

Built in 1980 and extensively renovated, Veridian is located at 1800 Windridge Drive within the Perimeter Center, a fast-growing “edge city” that encompasses three small cities: Brookhaven, Dunwoody, and Sandy Springs. It is Atlanta’s largest employment center, with more than 123,000 employees, 31 million square feet of office space, three major hospitals, and six million SF of retail space including the 1.5 million SF Perimeter Center Mall.

“Having acquired a neighboring apartment community, 550 Abernathy, earlier this year, we remain…

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Posted by Leslie Braunstein on August 14, 2017 at 12:46pm

Washington REIT Renovates, Leases at Historic Army Navy Building in Washington, DC

Washington REIT (Washington Real Estate Investment Trust – NYSE: WRE) has leased a full floor (13,000 square feet) at the historic Army Navy Building in the heart of Washington, DC to a major national nonprofit organization. The 109,000 SF LEED Gold certified building is now 71 percent leased to a variety of prestigious tenants.

At the same time, Washington REIT is completing a thoughtful $4 million renovation that has created a VIP tenant amenity in previously under-utilized space. The “collaboration lounge” and conference center, featuring stunning mid-century furniture and finishes, leads to a penthouse bar on the roof level and outdoor terrace seating with panoramic views of Farragut Square and the capital city. The entrance lobby at 1627 Eye Street, NW and the elevator cabs are also being updated.

 Washington REIT, which acquired the asset in 2014, has worked since May of 2016 to renovate and lease the building’s top three floors after a law firm tenant needed to…

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Posted by Leslie Braunstein on August 7, 2017 at 2:36pm

Washington Property Co. Leases 130,575 SF In Suburban DC

— Led by the 32,000 square foot lease renewal by longtime Bethesda auctioneer and appraiser Sloans & Kenyon, Washington Property Company (WPC)  leased 130,575 square feet of space in nine of its suburban Washington, DC properties during the second quarter of 2017. In addition, several retail leases were negotiated at the company’s recently acquired Ballenger Creek shopping center in Frederick, MD. WPC’s newly inked deals are as follows:

MARYLAND

7034 Wisconsin Avenue, Bethesda, MD – 32,001 SF

  • Sloans & Kenyon renewed its lease of 32,001 square feet.  Joshua Gurland of WPC represented the owner.

6900 Wisconsin Avenue, Bethesda, MD – 14,749 SF

  • Skin at LRG renewed its lease of 2,656 SF. Joshua Gurland of WPC represented the owner.
  • Realty USA renewed its lease of 686 SF. Joshua Gurland of WPC represented the owner.
  • USPS renewed its lease of 5,606 SF.  Brian Murphy of…
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Posted by Leslie Braunstein on July 10, 2017 at 9:00pm

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