Georgetown University, anchor of the riverfront D.C. neighborhood that shares its name, is quietly expanding in the city’s core with plans for an 11-story student residence hall and new academic and policy enterprises a few blocks from the Capitol.
November 29, 2019
Google parent company Alphabet will buy Fitbit, putting the tech giant head to head with Apple in the fitness tracking space. The deal values Fitbit around $2.1 billion at a fully diluted equity value, according to Friday’s announcement.
November 1, 2019
Amazon spokesperson Rachael Lighty confirmed to Bisnow the company had introductory meetings and worked with local officials on a preliminary process, but ultimately decided not to pursue the Westphalia project. She also said it isn't looking at any additional locations in the county.
August 26, 2019
Prince George’s County Executive Angela D. Alsobrooks has focused in her first year in office on attracting businesses to the county’s inner-Beltway strip malls and improving their appearance. So when she stood alongside the owners of the Ivy City Smokehouse in the District to announce a second location in the county, she was all smiles.
The rise of e-commerce and the need for distribution facilities near population centers are pushing developers to break ground speculatively on last-mile warehouse projects, with the latest in the D.C. suburbs.
August 22, 2019
Normandy Real Estate Partners is the latest major real estate player to launch an opportunity zone fund, and the firm has already closed its first development deal.
August 2, 2019
Developments that could add nearly 500 new housing units to Prince George's County could soon have the green light to move forward.
June 19, 2019
The Greater Washington, D.C., area is one of the top office markets in the nation. An influx of young working professionals and federal government contractors has made the market ripe for office construction. As of Q2, there are over 10K SF of office development under construction, surging ahead of every major U.S. office market but New York, JLL reported.