Washington, D.C. — SRS Real Estate Partners has brokered the sale of two urban retail properties in Washington, D.C., totaling $9.2 million. The properties include 2321 18th St. NW in the city’s Adams Morgan submarket and 1519 Wisconsin Ave. in
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Washington, D.C. — Wegmans is expanding in metropolitan Washington, D.C. In early May, the grocer opened an 81,300-square-foot store at 150 Stovall St. in Alexandria, Virginia, a store that anchors Stonebridge’s Carlyle Crossing mixed-use development. The Alexandria store opened earlier this
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Washington, D.C. — A joint venture between Akridge, National Real Estate Advisors, Blue Coast Capital and Bridge Investment Group has plans to break ground on the first phase of The Stacks, a 2 million-square-foot mixed-use project in Washington, D.C. Bank
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Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during last year’s November to December holiday season increased 14.1 percent, or $886.7 billion over those in 2020 ($777.3 billion). The 2021 numbers were greater than what
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Washington, D.C. — Wegmans Food Markets is set to open its first store in Northwest Washington, D.C. The new location will open within the $640 million City Ridge project by Roadside Development and North America Sekisui House, which includes commercial,
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Washington, D.C. — JLL Capital Markets has arranged the sale of a portfolio of eight infill neighborhood retail assets totaling 695,991 square feet in Washington, D.C., northern Virginia and southern Maryland. Stephen Conley, Danny Finkle, Jordan Lex and Kim Flores
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Washington, D.C. — U.S. retail sales increased in August as consumer demand outweighed the effects of the COVID-19 pandemic, supply chain disruptions and other factors that affected spending. Even though there was a decrease in car sales due to shipping
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Washington, D.C. — The National Retail Federation (NRF) reports retail sales have decreased 1.1 percent in July over the prior month on a seasonally adjusted basis — not including automobile dealers, gas stations and restaurants — and up 9.5 percent
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Washington, D.C. — The National Retail Federation (NRF) reports a growth in retail sales during the month of June, confirming the organization’s revised predictions made at the beginning of July. NRF revised its retail sales forecast for 2021 retail sales
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Washington, D.C. — The National Retail Federation (NRF) predicts U.S. retail sales in 2021 will increase between 10.5 to 13.5 percent over last year to a range of $4.44 trillion and $4.56 trillion. These predictions are higher than the initial
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Washington, D.C. — Developer Foulger-Pratt has opened Beckert’s Park, a 2.8-acre mixed-use project featuring 325 apartments and a new 60,000-square-foot Safeway grocery store, in the Capitol Hill neighborhood of Washington, D.C. Located at the corner of 14th Street and D
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Washington, D.C. — A joint venture between Cedar Realty Trust (NYSE: CDR), Asland Capital Partners and the Goldman Sachs Urban Investment Group has broken ground on the first phase of Northeast Heights. The $600 million mixed-use office and retail development
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