CBRE, Compass Tapped to Market DC’s Historic Embassy Row Properties
CBRE and Compass have been retained to market two landmark properties at 2234 and 2232 Massachusetts Avenue NW on D.C.’s Embassy Row. CBRE is leading the sale of 2234 Massachusetts Avenue NW, a Beaux-Arts office building formerly serving as the Irish Embassy. Compass has partnered with CBRE to co-market 2232 Massachusetts Avenue NW, a neighboring residence.
CBRE’s Manny Fitzgerald is overseeing the sale and marketing of 2234 Massachusetts Avenue NW, while Compass’s Hans Wydler is leading efforts for 2232 Massachusetts Avenue NW. Located at the corner of Sheridan Circle, 2234 Massachusetts Avenue NW was designed in 1908 by William Penn Cresson, and the semi-detached limestone property spans five levels and features dual frontage.
Next door, 2232 Massachusetts Avenue NW is a four-level residence built in 1900. It offers seven bedrooms, formal entertaining spaces, a gourmet kitchen, and private outdoor areas with a garage and off-street parking.
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Charlotte Library Razed, 300 Apartment Units on Way
Northwood Ravin demolished a dated Charlotte public library in order to make way for a 300-unit apartment development. The Charlotte Business Journal reports the plan is to include 21,400 square feet of retail as well. The 4.5-acre south-end property is at 101 Scaleybark Road. The retail component is part of a larger mixed-use development that...
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Terra, Fortune Ink $220M Key Biscayne Condo Financing
Terra and Fortune International Group secured a $220 million predevelopment loan from Blackstone Real Estate Debt Strategies for their planned ultra-luxury condominium development on the former Silver Sands Beach Resort property at 301 Ocean Drive in Miami’s Key Biscayne. Walker & Dunlop Capital Markets Institutional Advisory, led by Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean...
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Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 units nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout