Capital Business Blog: Georgetown


Posted at 06:14 PM ET, 07/16/2013

Church deal for National Labor College campus in White Oak falls apart

The labor college president declined to cite a reason for the deal’s failure but said the college had hired CBRE to begin marketing the property anew.

By Jonathan O'Connell  |  06:14 PM ET, 07/16/2013 |  Permalink  |  Comments ( 0)
Tags:  National Labor College, Georgetown University, commercial real estate

Posted at 01:05 PM ET, 07/16/2013

Walter Reed developers prepare to wow the crowd

Competitive presentations like the one planned for Thursday can become something of a beauty contest, with developers suggesting ideas they may not be able to pull off.

By Jonathan O'Connell  |  01:05 PM ET, 07/16/2013 |  Permalink  |  Comments ( 0)
Tags:  Walter Reed, Vincent Gray, Muriel Bowser, Victor Hoskins, Roadside Development, Hines, Urban Atlantic, Forest City Washington, Georgetown University, commercial real estate

Posted at 06:40 PM ET, 05/21/2013

National Labor College considering sale of White Oak campus to Reid Temple church, housing group

Reid Temple church, affordable housing group picked as likely buyer of White Oak campus.

By Jonathan O'Connell  |  06:40 PM ET, 05/21/2013 |  Permalink  |  Comments ( 0)
Tags:  National Labor College, Reid Temple, Georgetown University, commercial real estate

Posted at 06:38 PM ET, 03/12/2013

Four Seasons developers are top bidders for West Heating Plant in Georgetown

The team plans to develop the property into as many as 80 Four Seasons condominiums.

By Jonathan O’Connell and Sarah Halzack  |  06:38 PM ET, 03/12/2013 |  Permalink  |  Comments ( 0)
Tags:  West Heating Plant, Georgetown, GSA

Posted at 10:53 AM ET, 12/17/2012

Auction date set for West Heating Plant in Georgetown

The General Services Administration will hold an online auction set to begin Jan. 18.

By Jonathan O'Connell  |  10:53 AM ET, 12/17/2012 |  Permalink  |  Comments ( 0)
Tags:  West Heating Plant, Georgetown, GSA, commercial real estate

Posted at 01:07 PM ET, 09/18/2012

Government to sell West Heating Plant through online auction in November

The six-story plant offers clear views of the Potomac River from its top floor and is considered one of the most valuable undeveloped sites in Georgetown.

By Jonathan O'Connell  |  01:07 PM ET, 09/18/2012 |  Permalink  |  Comments ( 0)
Tags:  Georgetown, West Heating Plant, General Services Administration, auction, EastBanc, MRP Realty, Four Seasons, parks, Jack Evans

Posted at 01:56 PM ET, 06/19/2012

House subcommittee criticizes failure to sell Georgetown heating plant

The 2.08-acre West Heating Plant in Northwest Washington has been nearly vacant since 2000.

By Jonathan O'Connell  |  01:56 PM ET, 06/19/2012 |  Permalink  |  Comments ( 0)
Tags:  West Heating Plant, Georgetown, commercial real estate, GSA, John Mica, Jeff Denham

Posted at 04:49 PM ET, 06/14/2012

Congress to pressure feds to sell West Heating Plant

The GSA announced last October that it planned to sell the plant in Northwest Washington.

By Jonathan O'Connell  |  04:49 PM ET, 06/14/2012 |  Permalink  |  Comments ( 0)
Tags:  West Heating Plant, Georgetown, GSA, Jeff Denham

Posted at 06:36 PM ET, 01/30/2012

Drop in business travel threatens owner of Washington Ritz-Carltons

The owners of four hotels are at-risk of defaulting on a $170.6 million loan, according Morningstar.

By Jonathan O'Connell  |  06:36 PM ET, 01/30/2012 |  Permalink  |  Comments ( 0)
Tags:  Ritz-Carlton, commercial real estate, Georgetown