Bisnow

2 days ago | bisnow.com | Emily Wishingrad

The federal government has found a new home for the Department of Housing and Urban Development. After more than 50 years occupying a massive federally owned building in Southwest D.C., the agency plans to move to Alexandria, taking over the leased headquarters of the National Science Foundation, federal officials announced Wednesday morning. The National Science Foundation's headquarters at 2451 Eisenhower Ave. in Alexandria, Virginia.

3 days ago | bisnow.com | Emily Wishingrad

Four large grocery stores that occupy ground-floor space in multifamily buildings in the D.C. area are set to close. Harris Teeter plans to close two Arlington locations, one in Tysons and another in North Bethesda, local news outlets reported, citing email notices to customers. The notices come just days after its parent company, Kroger, announced it would close 60 “underperforming” stores over the next 18 months, equating to 5% of its total locations.

4 days ago | bisnow.com | Emily Wishingrad

Unizo Holdings Co., the Japanese investor that once dominated the D.C. office sales market, has failed to pay a $211M loan on two NoMa office buildings in recent months — after losing a trio of downtown office buildings to its lender in December. Mathematica is the anchor tenant at Unizo's 1100 First St. NE in D.C.'s NoMa neighborhood. Unizo's CMBS loan backed by the office buildings at 820 and 1100 First St. NE has been transferred to special servicing, according to Morningstar Credit.

1 week ago | bisnow.com | Sasha Jones

Silverstein Properties’ Manhattan casino proposal has landed Hyatt as its hospitality brand partner. The 1,000-key luxury hotel, known as The Avenir, would be managed under The Destination by Hyatt brand, the companies announced Friday. Rush Street Gaming and Greenwood Gaming and Entertainment are also involved in the joint venture pushing for the right to develop a more than $1B casino project.

1 week ago | bisnow.com | Bianca Barragan

Grubb Properties announced it purchased 5550 Hollywood Blvd., a 2017-built apartment complex. The transaction marks Grubb’s first acquisition of an existing community in the market, it said in a press release. The seven-story building, known as The Fifty Five Fifty Apartments, holds 280 studio and one-, two- and three-bedroom units with an average size of 739 SF. Amenities include a gym and yoga studio, a pool, two outdoor courtyards, a resident lounge and coworking spaces.