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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.

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.

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.

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.

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.

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.

JPMorgan Expands Entrepreneurs of Color Fund to Washington DC

Leading global financial services firm JPMorgan Chase has announced an expansion of its Entrepreneurs of Color Fund model to the Washington, D.C. area with a $6.7 million in available funding to help the underserved minority entrepreneurs in the region.

DC Commercial Real Estate Market to See Growth in 2019 [Report]

The commercial real estate market of Washington, D.C. area is set to witness growth in 2019, according to a recently released report by Avison Young.