Ben Peters

Washington Business Journal

Foreclosure auction scheduled after Douglas Development affiliate cedes Chinatown property

By: Ben Peters

A foreclosure auction has been scheduled for a Chinatown building owned by a Douglas Development Corp. affiliate.

Washington Business Journal

Why smaller real estate investors are having a moment in the D.C. area

By: Ben Peters

Institutional investors are selling off D.C.-area offices at bottom-market values as they pivot to other sectors, clearing the way for a new class of smaller investors.

Washington Business Journal

D.C. business community warns of exodus as council weighs suite of tax hikes

By: Ben Peters

The business community is lining up in opposition to a suite of tax increases on the D.C. Council's docket. A big hearing is scheduled for Friday.

Washington Business Journal

Preservation league moves to protect D.C. Armory as RFK campus redevelopment looms

By: Ben Peters

Preservationists have nominated the D.C. Armory for placement on the National Register of Historic Places ahead of the RFK campus redevelopment.

Washington Business Journal

Greater Washington economic index dips amid higher interest rates, but trends point to recovery

By: Ben Peters

A couple key indicators are holding back what otherwise appears to be a Greater Washington economy in recovery.

Washington Business Journal

D.C. investor snags historic bank building near White House for $50M, a fraction of 2013 price

By: Ben Peters

A joint venture led by Taicoon Property Partners has acquired the historic Commercial National Bank building a block from the White House.

Washington Business Journal

D.C. and Commanders rule out power plant, but confirm natural gas use for new stadium

By: Ben Peters

There will be no gas-burning power plant at the 174-acre RFK campus, according to D.C. officials and the Washington Commanders. The team's stadium, however, will be fed by "limited natural gas service" when it delivers.

Washington Business Journal

Trammell Crow Co. pivots from medical office at D.C.'s Reservoir District

By: Ben Peters

Trammell Crow Co. is pivoting from plans to develop more than 1 million square feet of medical office at D.C.'s Reservoir District.

Washington Business Journal

Class A office rents jump in D.C. as renovations drive demand and available trophy space dwindles

By: Ben Peters

Rents in D.C.'s Class A office market are on the rise as trophy construction remains scarce and landlords invest in renovations to existing buildings.

Washington Business Journal

Half-built Tenleytown office conversion sells for $9.5M. The buyer plans to finish the job.

By: Ben Peters

A half-built office-to-residential conversion in Tenleytown has a new owner who plans to finally finish the job.