Geller Investment has purchased the Washington Marriott Georgetown from Rockpoint Group LLC for $113 million. The large price tag is indicative of growing demands and deals being made in the D.C. area, and purchases like this are expected to continue this year. Read the Commercial Property Executive story here
Skanska completes Portsmouth Marine Terminal offshore wind upgrade
Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging
