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2014 News Archive

Investors Get Bullish: And as a Result Prices Might Keep Going Up
22 January 2014

Washington, DC, Jan 21, 2014 (BISNOW.COM) – Investors Get
Bullish. And as a result, in DC's downtown investment sales scene, prices might keep going up, according to a member of one of the area's most prolific sales teams. Cassidy Turley's Jud Ryan tells us that prices for trophy office assets in DC, already selling at near-record levels, might... read more

Matan Companies Buys Milestone Business Park for $128.4M
22 January 2014

Germantown, MD, Jan 21, 2014 (WASHINGTON BUSINESS JOURNAL) -- The Milestone Business Park has a new owner. Matan Companies, through its Matan Fund IV, has acquired the 41.8 acre property from Multi-Employer Property Trust for $128.4 million, according to an announcement of the transaction from Cassidy Turley, which represented the... read more

Top 10 Reasons to be Optimistic About Commercial Real Estate in 2014
16 January 2014

While 2013 was a year of national change and uncertainty, there are many reasons to be optimistic about commercial real estate in the upcoming year. From the energy boom to the strengthening GDP - the stars are aligning to indicate that 2014 may finally deliver a breakout year. Click HERE to access the top 10 reasons to be... read more

Wal-Mart Supercenter Approved for North Frederick
14 January 2014

Frederick, MD, Jan 14, 2014 (THE FREDERICK NEWS-POST) -- The Frederick Planning Commission decided Monday not to roll back plans for a new Wal-Mart Supercenter in Frederick. The commission approved Wal-Mart’s plan to build a new supercenter on the northwest corner of Monocacy Boulevard and Md. 26 and close the store that is currently across... read more

Matan Buys Suburban Office Portfolio for $129M
10 January 2014

Germantown, MD, Jan 9, 2014 (GLOBEST.COM) -- Matan Cos. has acquired a four-office portfolio in Germantown from Bentall Kennedy. A spokeswoman for Matan confirmed the acquisition but was unable to immediately provide further information.A source tells that the portfolio traded for roughly $129 million.According to public... read more