Washington Business Journal
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Future TSA headquarters drives Springfield hotel sale
The Courtyard by Marriott (NASDAQ: MAR) Springfield has sold to an Arlington company, which cites the incoming headquarters of the Transportation Security Administration as a driving factor in the buy. The 191-key, 108,000-square-foot hotel, located…
3 hours ago -
Lockheed hires Vice President Pence’s communications director
Bethesda-based Lockheed Martin Corp. (NYSE: LMT) reportedly has hired away Vice President Mike Pence’s communications director. Jarrod Agen, CNN and The Washington Post reported, will leave the White House at the end of the month.…
3 hours ago -
Major consolidations and a new player on the way for Dulles Airport car rentals. Advantage is out.
A game of musical chairs is about to take place at Dulles International Airport. And by chairs, we mean rental cars. The Metropolitan Washington Airports Authority board is expected this week to approve a series…
4 hours ago -
1-plus acre Southern Avenue SE property sells for $5M. Senior housing planned.
A partnership of Gilbane Development Co. and Dantes Partners has acquired a pair of adjacent lots in D.C., on its border with Prince George’s County, where it plans to build 152 units of affordable senior…
4 hours ago -
James Hoban’s sold to fellow Dupont restaurant owners
The latest in D.C. restaurant switcheroo is in Dupont Circle, where James Hoban’s at 1 Dupont Circle has been sold to the Mission Group, the owners of Mission Mexican restaurants and Hawthorne. Misson co-founders Fritz…
4 hours ago -
Children’s National named U.S. News top 10 pediatric hospital for third straight year
Children’s National Health System just scored a hat trick. The D.C.-based organization again ranks as one of the best 10 pediatric hospitals in the country, at No. 6 in U.S. News & World Report’s annual…
11 hours ago -
Enlightenment Capital to launch SBA-backed fund
Months after capping its third investment fund and securing ownership in IT contractor Trowbridge & Trowbridge, Enlightenment Capital will soon see new investment backing for its newest fund from none other than the Small Business…
18 hours ago -
Line hotel employees assemble as Mendelson plans tax abatement reprieve
As the Line D.C. hotel’s $46 million tax abatement appeared to receive a one-year reprieve Monday, some of hotel’s employees assembled to lobby the D.C. Council to preserve the incentive for fear the hotel will…
18 hours ago -
Mendelson aims to block D.C. from purchasing RFK stadium site
There are no public plans, as of yet, for the city to buy the 190-acre site from the federal government.
20 hours ago -
N.C. credit union sues BB&T, SunTrust for trademark infringement over ‘Truist’
A Winston-Salem, North Carolina, credit union Truliant Federal Credit Union has filed a trademark infringement suit against BB&T Corp. and SunTrust Banks, which last week announced that the combined banks will go by the name…
21 hours ago -
Reston-based athlete, entertainer-focused wealth advisory firm acquired
Reston-based financial and investment advisory firm MTX Wealth Management LLC has been acquired by Cleveland-based MAI Capital Management LLC. Terms of the deal, which closed June 14, were not disclosed. The addition of MTX expands…
21 hours ago -
Landmark Mall might be closed, but it’s still open for Hollywood
Landmark Mall’s best days may be behind it — or perhaps ahead of it — but the shuttered Alexandria shopping center is surprisingly finding new life in its dead-mall era as a go-to place for…
23 hours ago -
Missouri-based massage company opening first D.C. outpost
MassageLuXe, a Fenton, Missouri-based massage and spa company with franchised outposts coast to coast, has filed plans to open its first location in Greater Washington on the ground floor of a renovated H Street NE…
23 hours ago -
JBG Smith accused of not honoring housing vouchers in Shaw
A D.C. resident has accused JBG Smith Properties (NYSE: JBGS) of not accepting a form of financial housing assistance at its luxury Atlantic Plumbing apartments in Shaw in violation of the District’s Human Rights Act.…
23 hours ago -
Viela Bio secures $75M Series B round. It’s getting closer to bringing its lead candidate to market.
Gaithersburg’s Viela Bio has completed a $75 million Series B round, bringing the total raised since the company’s launch only 16 months ago to more than $350 million. The biotech expects to use the funding…
1 day ago
