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Cedar Realty Trust partners with Asland Capital Partners and the Goldman Sachs Urban Investment Group for Major Opportunity Zone Redevelopment in Washington, D C s Seventh Ward

Share this article Share this article NEW YORK, May 6, 2021 /PRNewswire/  Asland Capital Partners, Cedar Realty Trust (NYSE: CDR) and the Goldman Sachs Urban Investment Group announced the formation of a joint venture for the construction of the first phase of Northeast Heights, a mixed-use office and retail development in the Minnesota/Benning submarket of Washington D.C. s Ward 7 neighborhood. The partnership also announced it has secured $105 million in construction financing from J.P. Morgan. The first phase of Northeast Heights is a 258,500 square foot six-story commercial building.  The office space is 100% leased to the Washington, D.C., Department of General Services (DGS) for its headquarters.  The building includes 18,000 square feet of street-level retail. Cedar Realty Trust and Asland Capital Partners are co-developing the property while the Goldman Sachs Urban Investment Group is serving as a strategic capital partner. Trammell Crow Company, one of the nation s l

Under Armour s scaled-back headquarters raises questions about the future of Port Covington

Under Armour s scaled-back headquarters raises questions about the future of Port Covington
baltimoresun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltimoresun.com Daily Mail and Mail on Sunday newspapers.

Under Armour downsizes plans for Port Covington headquarters in Baltimore in wake of pandemic

Under Armour downsizes plans for Port Covington headquarters in Baltimore in wake of pandemic
capitalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalgazette.com Daily Mail and Mail on Sunday newspapers.

Lighthouse Point developer embroiled in legal battle as construction delays continue

Lighthouse Point developer embroiled in legal battle as construction delays continue
silive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from silive.com Daily Mail and Mail on Sunday newspapers.

Governor Cuomo Announces Groundbreaking for $242 Million National Urban League Headquarters in Harlem

Governor Cuomo Announces Groundbreaking for $242 Million National Urban League Headquarters in Harlem
ny.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ny.gov Daily Mail and Mail on Sunday newspapers.

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