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The long-awaited opening of acclaimed True Food Kitchen in Bethesda, MD is scheduled for Wednesday, June 14, 2017. This sophisticated, healthy dining concept will occupy the entire 6,400 square foot retail space in Washington Property Company’s Solaire Bethesda luxury apartment community, which delivered in late 2016 and has been leasing rapidly.
The Bethesda location will be True Food Kitchen’s second in the Washington, DC metropolitan area, following the successful 2014 launch in…Continue
Posted on April 17, 2017 at 5:30pm
Washington Property Company (WPC) of Bethesda, MD has acquired two office buildings in the Maryland and Virginia suburbs of Washington, DC for a total of $7.96 million. These acquisitions – one in Montgomery County, MD and the other in Fairfax County, VA - represent deep-value opportunities from motivated sellers.
Computer Science Corporation (CSC) sold WPC a 116,000 square foot office building located at 3160 Fairview Park Boulevard just off I-495 in Fairfax County, VA, for $7.150…Continue
Posted on March 31, 2017 at 2:08pm
Washington REIT (Washington Real Estate Investment Trust – NYSE: WRE) has signed a contract to acquire 600 New Hampshire Avenue, NW, a 309,000 square foot Class A office building on the Potomac riverfront in Washington, DC, for approximately $135 million ($437 per square…Continue
Posted on March 27, 2017 at 6:53pm
Bethesda, MD-based Washington Property Company (WPC) will break ground shortly on its latest luxury apartment community, Solaire 8250 Georgia Avenue, just two blocks from the Silver Spring (MD) Metro and multi-modal transit station. This is WPC’s fourth Solaire-branded apartment community and its second in Silver Spring’s rapidly evolving Ripley District.
Upon completion of Solaire 8250 Georgia Avenue in spring of 2019, WPC’s four Solaire communities will total over 1,000 units,…Continue
Posted on March 10, 2017 at 6:20pm
StoneBridge Investments of Washington, DC has acquired 550 Abernathy Apartments, a 228-unit apartment community in the greater Atlanta submarket of Sandy Springs, for $31 million. The seller, an entity controlled by Harbor Group, was represented by Kevin Geiger of CBRE.
The property is located at 550 Abernathy Road NE within Perimeter Center, a fast-growing “edge city” that encompasses three small cities: Brookhaven, Dunwoody, and Sandy Springs. It is Atlanta’s largest employment…Continue
Posted on January 23, 2017 at 12:29pm