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.
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.
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.
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.
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.
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.
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.
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.
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 Childrenâ€™s National each year. Join this growing movement and support businesses that support Childrenâ€™s National through Make March Matter. Together, we will raise $1 million to improve childrenâ€™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.
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.
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.