Real Estate

Petrie Richardson Ventures Closes on Nordstrom Rack Land Acquisition at Woodmore Towne Centre

GLENARDEN, Md. (July 1, 2016) – Petrie Richardson Ventures (PRV) and Prudential Real Estate Investors, the owner-developers of the 140-acre, 700,000-square-foot mixed-use development Woodmore Towne Centre, announced today the acquisition of a five-acre land parcel from DR Horton for the construction of Prince George’s County’s first-ever Nordstrom Rack.

Historic Hibernia Bank in Mid-Market Ideally Suited for Retail and Event Users

SAN FRANCISCO (June 28, 2016) – Dolmen Property Group, a San Francisco-based real estate developer, recently completed renovations at The Hibernia Bank, a nationally recognized historical landmark and one of the City’s most celebrated architectural gems, is leasing the property to both office and retail tenants, as well as club or event space.

F4 Transbay Partners Acquires Transbay Parcel F and Rights to Transbay Block 4 in Joint Venture

SAN FRANCISCO (June 24, 2016) – F4 Transbay Partners LLC (F4), a joint venture of Hines, the international real estate firm; Urban Pacific Development, LLC; and Broad Street Principal Investments, L.L.C., an affiliate of Goldman Sachs, announced the close of the acquisition of Transbay Parcel F from the Transbay Joint Powers Authority (TJPA).

MakeOffices Signs Long-Term Lease at The Wharf

WASHINGTON, D.C. (JUNE 15, 2016) – Hoffman-Madison Waterfront, the master developer of the world-class, mixed-use waterfront community The Wharf, today announced that MakeOffices, an innovative platform where the workplace meets the sharing economy, signed a long-term lease at 800 Maine for 45,000 square feet of commercial space.

Renovated Ellsworth Place Fully Leases Anchor Spaces Ahead of Fall 2016 Grand Reopening

SILVER SPRING, Md. (June 9, 2016) – Petrie Richardson Ventures (PRV) and Rockwood Capital, the owner developers of Ellsworth Place retail center in downtown Silver Spring, announced today full lease-up of all anchor tenant spaces in the fully renovated Ellsworth Place (formerly City Place Mall).

Hillary Clinton to Host Campaign Event at The Hibernia Bank Tomorrow, May 26

SAN FRANCISCO (May 25, 2016) – Dolmen Property Group, a San Francisco-based real estate developer, announced today that presidential candidate Hillary Clinton will hold an organizing event at the recently renovated Hibernia Bank, a nationally recognized historical landmark and one of the City's most celebrated architectural gems.