Capital Business Blog - Fresh takes on the region's entrepreneurs and companies.

Posted at 01:36 PM ET, 02/28/2013

Hines buys Archstone stake in CityCenterDC

By Jonathan O'Connell

Acquisition is part of larger sale of developer Archstone to AvalonBay and Equity Residential

By Jonathan O'Connell | 01:36 PM ET, 02/28/2013 | Permalink | Comments ( 0)
Tags: Hines, Archstone, CityCenterDC, AvalonBay, commercial real estate

Posted at 12:44 PM ET, 02/27/2013

Busboys and Poets coming to Takoma, and may head to Brookland next

By Jonathan O'Connell

The popular bar-coffeehouse-bookstore-performance space may be heading to Brookland next.

By Jonathan O'Connell | 12:44 PM ET, 02/27/2013 | Permalink | Comments ( 0)
Tags: Busboys and Poets, Andy Shallal

Posted at 07:10 PM ET, 02/26/2013

Prince George’s County leaders back Greenbelt for FBI headquarters relocation

By Jonathan O'Connell

County Executive Rushern Baker wants to bring the FBI to the Greenbelt Metro station.

By Jonathan O'Connell | 07:10 PM ET, 02/26/2013 | Permalink | Comments ( 0)
Tags: FBI, GSA, Rushern Baker, commercial real estate

Posted at 05:57 PM ET, 02/26/2013

WorkSpaces moves to close offices; backs out of lease

By Jonathan O'Connell

District-based workplace consultant has also backed out of lease in Wonder Bread building.

By Jonathan O'Connell | 05:57 PM ET, 02/26/2013 | Permalink | Comments ( 0)
Tags: Workspaces, Douglas Development, commercial real estate

Posted at 08:00 AM ET, 02/25/2013

SAIC to name solutions business Leidos

By Marjorie Censer

Solutions business that will be formed after McLean-based company splits to be called “Leidos,” officials say.

By Marjorie Censer | 08:00 AM ET, 02/25/2013 | Permalink | Comments ( 0)

Posted at 12:25 PM ET, 02/21/2013

Sources: Mayor to propose relocating FBI headquarters to Poplar Point in Southeast D.C.

By Jonathan O'Connell

The proposed location is Poplar Point, which lies between Interstate 295 and the Anacostia River.

By Jonathan O'Connell | 12:25 PM ET, 02/21/2013 | Permalink | Comments ( 0)
Tags: FBI, GSA, Poplar Point, Vincent C. Gray, commercial real estate

Posted at 05:05 PM ET, 02/20/2013

CACI names former Lockheed executive as CEO

By Marjorie Censer

Kenneth Asbury will take over from Daniel D. Allen, who had just assumed the role last year.

By Marjorie Censer | 05:05 PM ET, 02/20/2013 | Permalink | Comments ( 0)
Categories: Latest

Posted at 06:57 PM ET, 02/19/2013

Fourth-quarter profits rise at Marriott as the company braces for sequestration

By Abha Bhattarai

Fourth-quarter earnings climbed 28 percent at the Bethesda-based hospitality giant.

By Abha Bhattarai | 06:57 PM ET, 02/19/2013 | Permalink | Comments ( 0)

Posted at 10:09 AM ET, 02/14/2013

Inova aims to boost talent pipeline through medical education program with Shenandoah University

By Sarah Halzack

The health system hopes the move will strengthen its talent pipeline at a time when there is growing demand for skilled health-care workers.

By Sarah Halzack | 10:09 AM ET, 02/14/2013 | Permalink | Comments ( 0)

Posted at 01:04 PM ET, 02/12/2013

Hilton said to be in talks for CityCenterDC hotel

By Jonathan O'Connell

Sources said the company is negotiating to build a Conrad hotel, one of its luxury brand that has so far focused on global markets.

By Jonathan O'Connell | 01:04 PM ET, 02/12/2013 | Permalink | Comments ( 0)
Tags: Hilton Worldwide, CityCenterDC, Christopher J. Nassetta, commercial real estate, Hines

Posted at 11:24 AM ET, 02/12/2013

General Dynamics IT business chief to retire

By Marjorie Censer

Gerard J. DeMuro will “pursue new professional opportunities,” the contracting giant said in a release.

By Marjorie Censer | 11:24 AM ET, 02/12/2013 | Permalink | Comments ( 0)

Posted at 10:00 AM ET, 02/06/2013

Start-up hub 1776 launches with $200K city grant

By Steven Overly

1776 is to serve as a gathering place for entrepreneurs that will provide rooms for start-up offices, events and educational sessions.

By Steven Overly | 10:00 AM ET, 02/06/2013 | Permalink | Comments ( 0)

Posted at 08:30 AM ET, 02/05/2013

Owners of Arlington food truck, cited for breaking one-hour parking rule, win in court

By Catherine Ho

Owners were cited for violating ordinance that prohibits mobile vendors from stopping at a single location for more than 60 minutes.

By Catherine Ho | 08:30 AM ET, 02/05/2013 | Permalink | Comments ( 0)

Posted at 08:23 AM ET, 02/05/2013

Lockheed Martin offering voluntary layoffs in IT business

By Marjorie Censer

The move comes as defense contractors are struggling to show growth in their IT businesses.

By Marjorie Censer | 08:23 AM ET, 02/05/2013 | Permalink | Comments ( 0)

Posted at 01:49 PM ET, 02/01/2013

Weymouth gave D.C. mayor advance notice of possible Washington Post headquarters relocation

By Jonathan O'Connell

Gray instructed staff to considering how best to accommodate The Washington Post and make sure the company remains in the District.

By Jonathan O'Connell | 01:49 PM ET, 02/01/2013 | Permalink | Comments ( 0)
Tags: Washington Post, media, commercial real estate

Posted at 09:07 AM ET, 02/01/2013

Katharine Weymouth’s statement on possible Washington Post relocation

By Jonathan O'Connell

Here is the text of Washington Post Publisher Katharine Weymouth’s e-mail to employees about the company’s possible relocation.

By Jonathan O'Connell | 09:07 AM ET, 02/01/2013 | Permalink | Comments ( 0)
Tags: Washington Post, media, commercial real estate

Capital Business Blog: February, 2013