Regions Midatlantic | Washington, DC
NPR Acquires Its New HQ Building in D.C.
July 29, 2008

NPR, the Washington-based broadcast and digital media company, has closed on its acquisition of 1111 North Capitol Street, N.E. in the NoMa neighborhood of Washington, D.C. The seller was Randall Hagner of Washington, D.C. Last March, NPR announced that it will relocate from Penn Quarter to this former warehouse in NoMa, just north of the U.S. Capitol. NPR plans to retain the building's façade and portions of the structure, and integrate it with a new ten-story office tower. All of NPR's 600 Washington-based activities will be housed in this new facility, with occupancy planned for 2012. NPR was represented by Vernon Knarr, Art Greenberg, Julie Rayfield, and David Perlstein of Studley.

 
Recent Washington,DC Headlines
D.C. Office Market Flat Despite Financial Chaos: Report
Oct. 10, 2008
The modest second-quarter growth rates experienced in Washington, D.C., and Northern Virginia evaporated in the third quarter, according to a CB Richard Ellis Inc. report. The entire region saw an essentially flat market with slowing leasing activity.
HFF Arranges $36M Financing for Washington, D.C., Office Building
Oct. 08, 2008
The Washington, D.C., office of Holliday Fenoglio Fowler L.P. has announced that it arranged $36 million in financing for 1401 K St., a 124,700-square-foot Class A office building in Washington, D.C.
Wind-Powered CBRE D.C. Office Earns LEED Gold
Oct. 07, 2008
CB Richard Ellis Inc. has received a LEED Gold certification for Commercial Interiors for its recently completed offices in the Victor Building in Washington, D.C. The Victor Building is at 750 9th St., N.W., and is the first CBRE office in the country to win such an ranking.
Duke Realty to Build $1B Office Campus for Defense Dept. in Suburban D.C.
Oct. 01, 2008
The U.S. Department of the Army, acting under the direction of the U.S. Department of Defense, has decided to make a new home at the 350-acre Mark Center in Alexandria, Va., and Duke Realty Corp. is going to provide the land and the development services for the 1.7 million-square-foot office compound. Construction of the approximately $1 billion project will allow for the unification of a group of 6,400 predominantly Army personnel from various leased office buildings in Northern Virginia at a single location.
portals $212M Bridge Financing in Place for D.C. Office
Oct. 01, 2008
Despite being slowed down by the economy's downward spiral and the debilitating credit crunch, Washington, D.C.'s office market has remained relatively strong. Still, securing a substantial financing deal in the midst of the Wall Street crisis may seem like a bit of a pipedream. A newly announced transaction, however, has disproved that notion.