Washington Property Company Celebrates Grand Opening of Tallest Building in Silver Spring, MD

Silver Spring, MD, November 2, 2022 - Washington Property Company (WPC) has delivered its latest luxury apartment community, Solaire 8200 Dixon, a 403-unit, 27-story tower in the heart of the Ripley District in downtown Silver Spring, MD. WPC Residential has leased about 30% of the building and residents began moving in last month. 

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WPC Breaks Ground on 198-Unit, $107 Million Apartment Building in Bethesda, MD

October 11, 2021 - Washington Property Company (WPC) has broken ground on a new $107 million apartment building in downtown Bethesda, MD on the former site of a La Madeleine café. Solaire 7607 Old Georgetown Road, with 198 apartments and street-level retail, is scheduled to deliver in 2023.

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First Food Hall/City Market in Downtown Silver Spring, MD Slated for WPC's Solaire 8200 Dixon Apartment Community

Washington, DC, November 13, 2019 – Washington Property Company (WPC) plans to bring a 15,000 square foot food hall/city market to the street level of its next apartment community, scheduled to break ground in early 2020 and deliver in mid-2022. This will be the first food/city market hall in rapidly redeveloping Silver Spring.

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Grand Opening for Solaire 8250 Georgia Avenue Apartment Building Set for November 6, 2019

Bethesda, MD, October 30, 2019 – Washington Property Company (WPC) will welcome the downtown Silver Spring, MD community on November 6, 2019 for a grand opening of its latest luxury apartment community, Solaire 8250 Georgia Avenue. This 20-story, amenity-rich 338-unit residence is located just two blocks from the Silver Spring (MD) Metro and multi-modal transit station.

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Washington Property Company Acquires Tysons (VA) Land, Plans 700 Solaire-Branded Apartments Near Metro

Bethesda, MD, July 12, 2019 – Washington Property Company (WPC) has acquired a 5.2-acre parcel of land in the heart of rapidly redeveloping Tysons, VA, with plans to develop approximately 700 new rental apartments under its well-known Solaire brand. John Sheridan of CBRE Group Inc. (NYSE: CBRE) represented the seller, a global private equity firm, in the transaction.

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Washington Property Company's 8250 Solaire Georgia Avenue Apartment Building Delivers

Bethesda, MD, June 4, 2019 – Washington Property Company (WPC) has delivered its latest luxury apartment community, Solaire 8250 Georgia Avenue. This 20-story, amenity-rich 338-unit residence is located just two blocks from the Silver Spring (MD) Metro and multi-modal transit station.

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Washington Property Company Delivers Stone Ridge Medical Center in Loudoun County, VA

Bethesda, MD, April 9, 2019 – Washington Property Company (WPC) has delivered Stone Ridge Medical Center, a 66,932 square foot state-of-the-art medical office building in Dulles, VA, directly across Route 50 from the new HCA StoneSprings Hospital Center. Three medical care providers and a pharmacy have leased a total of 14,036 SF and leases totaling another 7,407 SF are under negotiation. Approximately 45,000 SF of space remains available.

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Economic Indicators and Montgomery County Executive Democratic Candidate Forum

April 27, 2018 | 8:00am - 10:30am | The Universities at Shady Grove – Montgomery County is a progressive and prosperous county. How will we continue to afford our quality of life and make life better for all our residents? Hear what leading economist Anirban Basu, Sage Policy Group, can tell us about where we are today and what needs to happen for continued prosperity. Democratic candidates for the Montgomery County Executive will then have the opportunity to answer questions about their vision and plans for a progressive and prosperous Montgomery County. The event is being sponsored by a number of business organizations in Montgomery County.

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Washington Property Company Begins $7 Million Renovation of Fairview Park (VA) Office Building

Bethesda, MD, March 12, 2018 – Washington Property Company (WPC) has begun a $7 million renovation of its 120,000 square foot office building at 3160 Fairview Park Drive, just off the Washington Beltway in Falls Church, VA. This Class A building, the former headquarters of Computer Sciences Corporation (CSC), is now available for lease.

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Washington Property Company Leases to Righttime Medical Care in Downtown Bethesda, MD

Bethesda, MD, March 7, 2018 – Washington Property Company (WPC) has leased half of its retail building at 4507 Stanford Street in downtown Bethesda, MD to Righttime Medical Care, which plans to open in this summer.  Righttime will occupy 5,550 square feet on the first floor of the two-story building. The upstairs space is leased to C-Unit Dance Studio.

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Make March Matter

During the month of March, members of our community have an exciting opportunity to support their favorite businesses and Make March Matter for the 230,000 kids cared for by Children’s National each year. Join this growing movement and support businesses that support Children’s National through Make March Matter. Together, we will raise $1 million to improve children’s health and to ensure every child, from every background and walk of life, can receive exceptional care, regardless of insurance of ability to pay.

Learn How You Can Help

Quinn Rounsaville Joins Washington Property Company As VP, Acquisitions

January 21, 2018

Washington Property Company (WPC) of Bethesda, MD has hired Quinn Rounsaville as Vice President, Acquisitions, a newly created position. With 14 years of experience at JBG Companies, Mr. Rounsaville is responsible for sourcing and analyzing acquisition opportunities and negotiating the resulting transactions. He also will be involved in company strategic planning.

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WPC Leases to Nonprofit Culinary Training Program in Silver Spring, MD

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).

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WPC Acquires Two Suburban Office Buildings for $8M

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.

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WPC Opens CubeSmart in Rockville, MD; Acquires I-270 Office Building in JV with Alex. Brown

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.

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Andrew Eshelman Joins WPC as Principal + Other Employee News

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.

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WPC Tops Out Construction of Solaire Bethesda Apartments

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.

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WPC Acquires Frederick, MD Shopping Center for $9.5 Million

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.

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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.

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WPC Leases 93,000 SF in MD and VA

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.

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Solaire Wheaton (MD) Apartments are 95% Leased

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.

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