REAL ESTATE BISNOW
Help Wanted Real estate recession? High unemployment? Don’t tell Summit Commercial Real Estate, which is busy enough to be looking to bring on some experienced brokers. (GVA Adva
ICI Renews East End Lease
WASHINGTON BUSINESS JOURNAL The Investment Company Institute renewed its 73,219 square-foot lease for an additional 15-year term at its East End heaquarters. The 351,000 square-foo
Summit Commercial has been Honored with Back to Back Awards
COSTAR GROUP Summit Commercial Real Estate has been honored with the 2009 CoStar Power Broker Award. Summit was also honored with the same award in 2008.
Georgetown University Keeps Fundraising Group in D.C.
WASHIGNTON BUSINESS JOURNAL Georgetown University has inked a long-term lease renewal for its fundraising group on Wisconsin Avenue NW. The 10-year lease is for 50,334 square feet
Pepperdine University Makes East Coast Purchase
COSTAR GROUP Pepperdine University acquired the office property at 2011 Pennsylvania Ave. in Washington, DC, for $17.4 million, or about $465 per square foot. The seller, American
Chromium LLC Buys Commercial Portion of West End Property
COSTAR GROUP Circle Management Co. recently sold the office, retail and garage portions of 2301 M St. NW in Washington, D.C., to Chromium LLC for $25.15 million, or about $405 per
Investors Land DC Office Building For $23.4 Million
COSTAR GROUP Potomac Development Partners and Lowe Enterprises Real Estate Group-East have completed the purchase of the eight-story NFL Players Association building at 2021 L St.
Joint venture pays $23.5M for Georgetown Plaza
Prabha Natarajan Staff Reporter, Full story.
Georgetown Plaza has been sold for $23.5 million.
A joint venture between Columbia Equity Trust and Aetna Life Insurance bought the 147,026-square-foot office building at 2233 Wisconsin Ave. NW in D.C. The five-story structure, bu