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[More reaction, including from AG, Councilmembers, the Developer and Monumental, after the jump.]

From the Mayor’s Office:

“Mayor Muriel Bowser, Chairman Phil Mendelson and Members of the Council of the District of Columbia, and Chief Executive Officer of Monumental Sports & Entertainment Ted Leonsis announced that they have reached a deal to transform and expand the Capital One Arena into a state-of-the-art urban arena that will be the home of the Washington Wizards and Washington Capitals through 2050. Read More

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1435 Newton Street NW courtesy Greysteel

From a press release:

“Greysteel, a nationally recognized commercial real estate investment services firm, has completed the sale of the NW DC Portfolio for an aggregate price of $48,120,000, representing more than 100% of the asking price. The four-property portfolio included the following sales: Read More

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