Real Estate

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.

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.

Washington, D.C. consistently leads the United States when it comes to the use of green energy and environmental design, according to the latest report by the U.S. Green Building Council.

Homeownership in Washington, D.C., Maryland and Prince George County will get a boost as Wells Fargo Company, NeighborWorks America, MANNA, Inc. and Community Housing Partners have jointly announced the launch of NeighborhoodLIFT program with a $7.1 million financial commitment by Wells Fargo.

Trump International Hotel Washington D.C. has been awarded two Travelers’ Choice Awards by world’s largest travel site Trip Advisor. The hotel also ranks 4th among the Top Luxury Hotels in U.S. and 7th among all hotels in the country.

The Newseum in Washington, D.C., which is located on Pennsylvania Avenue between Congress and the White House, will be purchased by Johns Hopkins University for $372 million.

The NHP Foundation, a non-profit organization that specializes in multifamily housing, has secured financing for redeveloping a 104-unit property in Maryland named "Takoma Place Apartments." The Washington, D.C. asset was acquired by the housing provider in March 2017.

Anacostia Economic Development Corp. and Flaherty & Collins Properties have started work on a 252-unit community which is planned to include 202 affordable apartments in Washington, D.C.