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DC Ranks 15th on WalletHub’s List of Hardest-Working Cities in America

Washington, D.C. ranks at number 15 among 116 cities on the personal finance website WalletHub’s 2019 ranking of Hardest-Working Cities in America.
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Hotel Palomar Washington DC Sold for $141.5 Million

Kimpton Hotel Palomar Washington, D.C., a 335-room hotel located at 2121 P Street NW, has been sold by Pebblebrook Hotel Trust in a deal worth $141.5 million.
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Starbucks Closing Four Stores in Washington DC

Starbucks has announced the closure of at least four locations in D.C. Out of the 50 stores in the city, about 10 will be shut down by the end of March.
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Workplace Services Company Convene Signs New Deals to Increase DC Footprint

The New York City-based workplace services company Convene has signed two new deals in Washington, D.C. in the East End and Penn Quarter, totaling 152,000 square feet.
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Target Signs Lease for New Store in Tenleytown

As part of its continued expansion in the D.C. region, retail giant Target has signed a 46K SF lease at CityLine to open a new small-format store in a recently vacated building in Tenleytown, 4500 Wisconsin Ave. NW, according to the commercial real estate company CBRE.
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Office Properties Sells 34 Commercial Buildings in Metro DC for $199M

A portfolio of 34 commercial buildings in the Washington, D.C. metro area have been sold by the real estate investment trust, Office Properties Income Trust (OPI) for a deal of $198.5 million, the company announced in a press release.
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New Hilton Hotel to Open in Washington DC on April 1

The Hilton Washington, D.C. National Mall will open for visitors in the capital on April 1 at the historic L’Enfant Plaza.
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Columbia Property Trust Brings Market Square Offices to 90 Percent Leased

Market Square, an iconic 696,000-square-foot office property in Washington, D.C., has been brought by Columbia Property Trust to 90 percent leased, the company announced in a press release.
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