Sign in Subscribe

commercial real estate

Salamander exits DC as PE bets on Bonvoy

Salamander exits DC as PE bets on Bonvoy

Sheila Johnson's Salamander brand is exiting its Washington, DC, after not quite four years, as owner Henderson Park, a London private-equity real estate firm, is in talks to reflag the 373-room property at 1330 Maryland Ave. SW as a Marriott Autograph Collection hotel, as reported by

GSA targets early-termination leases in Greater Washington

GSA targets early-termination leases in Greater Washington

GSA in collaboration with DOGE, is intensifying efforts to reduce the federal real estate footprint by targeting leases with early termination clauses, reports the Washington Business Journal. This strategy allows for swift cost-saving measures by ending lease agreements before their scheduled expirations. In the Washington metro area, fifty-eight