Land and Entitlement Acquisition at Huntington Crossing

In December 2017, we announced the acquisition of  6.32 acres of land at the intersection of Midtown Avenue and Metroview Parkway in Alexandria, Virginia. We purchased the land for $5.625 million and plan to spend another $2 million entitling the land at Huntington Crossing, allowing for a mix of townhomes and a five-story condominium. Tim […]

Arlington Office Market is Prime for Development

Office market demand continues to grow in Northern Virginia with vacancy rates dipping as low as 20.8% during the second quarter of the year. This is the lowest vacancy rate the area seen since 2014. Low Vacancy Rates in Northern Virginia All three building classes experienced a decrease in vacancies last quarter, driving up demand […]