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CoStar makes deal to move into Arlington HQ in early 2025
CoStar Group is accelerating its headquarters move from Washington, D.C., to Arlington County, thanks to a deal with a tenant in the headquarters building that included a $48 million early termination fee. The global real estate data and analytics company, best known for its Apartments.com and Homes.com marketplaces, announced plans to relocate its corporate headquarters […]
CoStar-WeWork dispute opens door for coworking competitors
One of the most disrupted sectors in Northern Virginia since the pandemic has been office space, as many white-collar workers work remote or hybrid schedules, leading to less demand. On top of that, in Arlington County’s Rosslyn corridor, WeWork clients have had to deal with the coworking company’s uncertain future. Although WeWork was set to […]
Accenture names managing director for D.C. market
Accenture has named Ed Engles office managing director of its Metro D.C. office, overseeing a region stretching from Baltimore to Richmond, the global professional services company announced Thursday. Engles steps into the shoes of Marty Rodgers, who has been filling that role for almost a decade while also serving as Accenture’s market unit lead for […]
Fix-it shop
Since becoming Arlington County‘s economic development director in November 2022, Ryan Touhill’s most pressing challenge has been sharply delineated: The county’s office vacancy rate has hit 23.7%, nearly twice the national rate of 13.1%, a record high itself, according to the National Association of Realtors. Like other localities, Arlington is coping with multiple factors that [...]
Microsoft Federal sees leadership change
Microsoft Corp.’s federal arm has new leadership, after its former president, Rick Wagner, left the company to pursue “new opportunities.” Wagner had run Microsoft Federal, now based in Rosslyn, since 2020. Candice Ling announced in a LinkedIn post this week that she had accepted his former job. Microsoft’s federal team works with the civilian and […]
UVA | NOVA plans signal major regional expansion
The University of Virginia has big plans for continued expansion in Northern Virginia, with more details to come early this year on where U.Va. will be developing new programs within the region. Negotiations with prospective partners were ongoing as of early December 2021, school officials said. The university’s expanded presence for both degree and non-degree […]
U.Va. opens Northern Virginia campus
The University of Virginia announced Wednesday it has opened a campus in the Rosslyn neighborhood of Arlington, with plans to expand to other sites in the region. The campus in Northern Virginia will be called UVA|NOVA. “UVA|NOVA will be the center point of our efforts to better serve the commonwealth by bringing new academic programming […]
Arlington’s Rosslyn City Center getting $35M renovation
A $35 million renovation project at Rosslyn City Center in Arlington will transform an 84,000-square foot space into a place for all-day dining, working and socializing, real estate lender American Real Estate Partners (AREP) announced Wednesday. AREP will complete the renovation at 1700 N. Moore St., where DMK Restaurants co-founder David Morton and his partner […]
Developer to renovate Rosslyn Marriott, construct three residential buildings
The Rosslyn Marriott hotel will be partially demolished and renovated and three residential buildings will be added to the site, according to a release from the Arlington County Board. Financial terms of the plans were not released. The hotel is located at 1401 Lee Highway and currently has 445 rooms. Site developer KBLH LLC will […]
Segall Group names principal and COO
Rich Sutphin was named as principal and chief operating officer for Segall Group Commercial Real Estate, the company announced Friday. Segall is based in Baltimore, Maryland, but has an office in Arlington‘s Rosslyn neighborhood where Sutphin is based. As principal and COO, he will oversee the firm’s sales, leasing, business development and recruitment. Before joining […]
