Fair 30°
Real Estate
Leesburg's Most Expensive Listing Is Sprawling Mansion Going For $5.995M Leesburg's Most Expensive Listing Is Sprawling Mansion Going For $5.995M
Leesburg's Most Expensive Listing Is Sprawling Mansion Going For $5.995M The most expensive residential listing in Leesburg is going for $5.995 million — and that's after a May 2022 price drop, according to a Zillow listing. The more than 15,700-square-foot home was built in 2014, and is located in the enclave of Grenada, minutes from downtown Leesburg and a short drive from the Dulles Airport, the listing agent states. The custom-built home with seven bedrooms and 11 bathrooms offers three private acres and includes a solarium, office, gourmet kitchen, bar, theater room, personal fitness center, and a salt water pool. Aside from the main house, a five vehicle…

SHARE

by Annie DeVoe
Real Estate
Washington Commanders Owner Dan Synder Wants $49M For Maryland Mansion Washington Commanders Owner Dan Synder Wants $49M For Maryland Mansion
Washington Commanders Owner Dan Synder Wants $49M For Maryland Mansion Dan Snyder’s team isn’t the only thing he's looking to sell. The embattled Washington Commander's owner has listed his Potomac home in what could be a record-setting $49 million. Here's to hoping a buyer will meet his asking price. News of his house hitting the market comes as Snyder has been exploring a possible sale of his franchise amid allegations and investigations into a toxic workplace environment. Snyder also owns a mansion near Mount Vernon in Alexandria that is currently the most expensive residential purchase in the region at $48 million. Now he will look to top that with the s…

SHARE

by Zak Failla
Real Estate
Silver Spring Apartment Complex Sold To Baltimore Affordable Housing Developer In $20M Deal Silver Spring Apartment Complex Sold To Baltimore Affordable Housing Developer In $20M Deal
Silver Spring Apartment Complex Sold To Baltimore Affordable Housing Developer In $20M Deal A Maryland real estate company is paying a pretty penny to improve its foothold in Silver Spring with a new multi-million dollar purchase. Baltimore-based Enterprise Community Development (ECD), a nonprofit owner and developer of affordable homes, has purchased the 87-unit multi-family Parkside Terrace on Easley Street for $20 million (or slightly less than $230,000 per unit), Transwestern Real Estate Services announced. According to Transwestern Executive Vice President Robin Williams, “the property has been well managed by long-term owners allowing ECD and its partners to preserve natura…

SHARE

by Zak Failla
Real Estate
Amazon Buys Land In Northern Virginia For $87.8 Million Amazon Buys Land In Northern Virginia For $87.8 Million
Amazon Buys Land In Northern Virginia For $87.8 Million Google and Microsoft have a new neighbor in Prince William County. Reports said Amazon recently purchased nearly 60 acres of land to in Gainesville for nearly $90 million.  BizJournal announced earlier this week that Amazon Web Services had purchased the land at 5845 Wellington Road for $87.8 million. The report said AWS purchased the same-sized lot next door for $52.4 million last year.  Amazon has not commented on its plans for that location, but it adds to the company's holdings in northern Virginia.  The land is in the county's Data Center Opportunity Overlay District. T…

SHARE

by Josh Lanier
Real Estate
Herndon's ManTech Acquired For $4.2B by DC Firm Herndon's ManTech Acquired For $4.2B by DC Firm
Herndon's ManTech Acquired For $4.2B by DC Firm ManTech International, a Herndon-based defense contractor with more than 9,000 employees, will be acquired by Washington DC equity firm Carlyle Group for a cool $4.2 billion, the company announced. “This announcement is an important milestone for ManTech and a testament to our growth and the leadership position we have built since our founding by George Pedersen more than 50 years ago,” said ManTech CEO and President Kevin M. Phillips in a press release.  ManTech provides analytics and cybersecurity to the country's defense and intelligence agencies.  The all-cash deal received t…

SHARE

by Josh Lanier