July 17, 2017
Bethesda, MD–based Washington Property Company (WPC) has leased commercial kitchen space in the former home of Progress Place in downtown Silver Spring, MD to a nonprofit culinary training program offered by STEP (Service workers Training & Education Partnership).
March 29, 2017
Washington Property Company (WPC) of Bethesda, MD has acquired two office buildings in the Maryland and Virginia suburbs of Washington, DC for a total of $7.96 million. These acquisitions – one in Montgomery County, MD and the other in Fairfax County, VA – represent deep–value opportunities from motivated sellers.
September 1, 2016
Washington Property Company (WPC) of Bethesda, MD has completed converting an 82,000 square foot office building in Rockville, MD to self-storage, shortly after acquiring the adjacent office building in a joint venture with Baltimore-based Alex. Brown Realty, Inc. for $17 million.
December 8, 2015
Washington Property Company (WPC) of Bethesda, MD is pleased to welcome Andrew O. Eshelman as Principal, taking charge of the company's value-added acquisition platform. With more than 35 years of experience in the Washington, DC area real estate industry, Mr. Eshelman was previously a Principal at StonebridgeCarras.
December 1, 2015
Washington Property Company (WPC) has topped out construction of its latest upscale apartment development, Solaire Bethesda. Strategically located at the corner of Wisconsin and Woodmont Avenues in Bethesda, MD, Solaire's 139 luxury rental apartments will start delivering in June 2016. True Food Kitchen, which will offer sophisticated healthy dining in Solaire's 6,400 square foot street–level retail space, is expected to open in fall of 2016.
August 10, 2015
Washington Property Company (WPC) of Bethesda, MD has acquired Ballenger Creek Plaza, a 75,527 square foot shopping center located in Frederick, Maryland, for $9.5 million.
May 4, 2015
Washington Property Company (WPC) of Bethesda, MD has sold a 13.54 acre parcel of land in Loudoun County, VA to Pulte Homes for $11.5 million. WPC successfully rezoned the land from commercial to residential use, and Pulte intends to build 95 town homes on the site.
March 24, 2015
Washington Property Company (WPC) of Bethesda, MD recently leased 93,109 square feet of space in five of its Washington, DC metropolitan area office buildings.
February 12, 2015
Less than a year after completing its latest luxury apartment community, Washington Property Company (WPC) has announced that Solaire Wheaton is 95 percent leased.