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.

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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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WPC Sells VA Land for $11.5 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.

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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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