Washington – Perseus TDC and its partners, Four Points and ELV Associates, announce the sale of The Foundry, a 16-story, 520-unit luxury multifamily community with 25,562 square feet of retail space at 2470 Mandeville Lane in Alexandria, Virginia.
CBRE Hires Former Transwestern Exec For Top Americas Position Mike Watts
CBRE is bringing new leadership to its operations in the U.S., Canada and Latin America. Chicago-based veteran Mike Watts will join CBRE on May 17 as president of Investor Leasing in the Americas and will provide leasing services to the firm’s investor and landlord clients across all property types, but with a focus on the office sector.
Watts is taking the helm at one of the most uncertain times ever for that asset class. The coronavirus pandemic seems to be subsiding in many U.S. markets, but it s still unknown how or even if companies will return to their offices, including how many workers will continue using popular work-from-home technologies such as Zoom and what impact that will have on companies long-term footprints.
that president clinton has been willing to take this on. as he pointed out, partly thanks to me, he s home alone too often. and this has been a passion for him for quite some time. so i m very grateful for his involvement. i thank everybody at transwestern and everybody who participated here for giving us this remarkable tour. there are the equivalent of 250 full-time workers as a consequence of the project that s taking place here. it is a win for the business owners. it is a win for the tenants of this building. it is a win for the construction workers who are participating and for the property manager that s doing such a great job. so this is a great example of what s possible. as president, my most pressing challenge is doing everything i