"Bricks Meets Bits" Survey Tracks Consumer Retail Shopping Preferences

WASHINGTON, DC (August 8, 2016) – Petrie Richardson Ventures (PRV), owner-developer of retail centers Ellsworth Place in downtown Silver Spring, MD, and Woodmore Towne Centre in Glenarden, MD, announced today the results of a large-scale survey examining the influence of evolving social, lifestyle, entertainment and technology developments on Americans’ shopping habits.

TMG Partners and Fortress Investment Group Announce Sale of Final Properties at Champion Station

SAN FRANCISCO (July 28, 2016) — TMG Partners, one of the San Francisco Bay Area’s largest mixed-use property developers, and Fortress Investment Group, a highly diversified global investment firm with $72 billion in assets under management, today announced the sale of its remaining properties at Champion Station, totaling 287,371 square-feet, to an institutional real estate investor engaged in the ownership of high quality office and mixed-use properties nationwide.

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.