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Main Street Movies 5 will open a five-screen, state-of-the-art movie theater with reserved, reclining seats and refreshments from local vendors at the Newark (DE) Shopping Center in August of 2016. The new theater will replace the shuttered Newark Cinema Center, which operated from the early 1960’s through October of 2015.
Main Street Movies 5 has signed an 18,000 square foot lease with Atlantic Realty Companies of Tysons, VA, which acquired the Newark Shopping Center four…Continue
Posted on January 22, 2016 at 5:05pm
Conflulytics, LLC has leased 22,255 square feet of office space in Washington Property Company’s (WPC) 242,000 SF multi-tenant office building at 8757 Georgia Avenue in Silver Spring, MD. This was the largest new tenant lease in Montgomery County during the last quarter of 2015.
“We are excited that this promising technology start-up has selected our Silver Spring office building, with easy access to Metro and a wide variety of amenities, for its new location,” said Joshua Gurland,…Continue
Posted on January 22, 2016 at 5:03pm
A year after acquiring the 185,000 SF office building at 1775 Eye Street, NW in Washington, DC’s central business district, Washington REIT (NYSE:WRE) has completed an extensive $4.2 million renovation and executed leases for 79,000 SF of space, bringing the building to 98 percent leased status.
The latest leases to be signed were with the National Cooperative Business Association (NCBA) for approximately 17,000 SF and the National Multifamily Housing Council for approximately 11,000…Continue
Posted on December 10, 2015 at 12:34pm
Lantian Development has acquired the 204-acre COMSAT Campus in Clarksburg, MD for $11.5 million in an all-cash transaction. The seller, LCOR, was represented by Avison Young. John Wang of RE/MAX represented Lantian.
World-renowned Modernist architect Cesar Pelli designed the property’s 496,000 square foot headquarters building. Highly visible from I-270, the building was constructed in 1969 as the research facility for COMSAT Corporation, which was created by an act of Congress in…Continue
Posted on December 3, 2015 at 1:24pm
Washington Property Company (WPC) has topped out construction of its latest upscale apartment development, Solaire Bethesda. Strategically located at the corner of Wisconsin and Woodmont Avenues in Bethesda, MD, Solaire’s 139 luxury rental apartments will start delivering in June 2016. True Food Kitchen, which will offer sophisticated healthy dining in Solaire’s 6,400 square foot street-level retail space, is expected to open in fall of 2016.
Solaire Bethesda is WPC’s third…
Posted on December 3, 2015 at 12:45pm