News &
Press

We’re Doing Great Things.

Read about Monument Realty’s latest projects, investments, and happenings.

Monument Realty Breaks Ground on a New Life Science Lab + Office Building

Monument Realty announced today the groundbreaking of Monument Innovation Center, a new ground-up, state-of-the-art life science building located off I-270 in Gaithersburg, MD.

Monument readying new bioscience development in Gaithersburg

A new life sciences building will be the latest addition to the area along Watkins Mill Road in Gaithersburg, just off Interstate 270. D.C.'s Monument Realty and Chicago's Nuveen LLC will jointly develop

DC’s Liberty Building Adds Global Medical Services Company ProPharma

ProPharma Group Holdings has signed a 10,000-square-foot lease at The Liberty Building, a 176,350-square-foot office building in Washington, D.C., with Monument Realty and Ares Management.

Inova Health System Buys More Land from Monument Realty

Inova Health System has now bought roughly 13 acres on Lewin Drive from D.C.'s Monument Realty and its partner, New York-based Atlas Capital Group.

Monument Closes $67M Construction Loan

Monument Realty has closed a $67 million construction loan that clears the way for the D.C. developer and its partners to start work on a 14-story multifamily building in NoMa.

JUST SOLD – 1115 H Street NE, Washington DC 20002

Monument Realty just sold an urban retail condominium addressed 1115 H Street NE, Washington, D.C.

DC Developers Breaking Ground On New Projects

In the D.C. area, not only have ongoing projects been allowed to continue, developers are breaking ground on several new projects.

Avidian Nearing Completion in Navy Yard Neighborhood

Stretching from South Capitol Street to Van Street SE, the red and gray brick building is nearing completion, with move-ins expected to begin in a couple of months.

Monument Sells Adams Morgan Retail Property

The ground-floor retail space in an Adams Morgan building has just traded hands.  Monument Realty sold the 9,160 SF of retail space at 1700 Columbia Road NW to an Ashburn-based private investor for $7.9M.

D.C.-Area Condo Sales Up 12% Last Year

The Avidian, a 171-unit condo project from Monument Realty, sits just north of Nationals Park at 1211 Van St. SE. The building began sales last year, is expected to deliver in April and has now sold well over 100 units.

Residential Development Near Franconia Metro Approved

Plans for a development near the Franconia-Springfield Metro now include a 300-unit multifamily building.

Residential Moves into Liberty View Development

Monument Realty has the go-ahead to build a 300-unit residential building at its Liberty View development near the Franconia-Springfield Metro station.

NoMa Project Chosen by City Proposes Nearly 600 Apartments, Retail, and a Park

More than 575 rental units—over half of which would be priced at below-market levels—are planned for a one-acre lot in NoMa as part of a development project recently picked by D.C.

Monument Realty to Develop Nearly 900 Apartments on Adjacent NoMa Parcels

Mayor Muriel Bowser announced Monday that her administration selected the team of Monument, Morningstar Community Development, The May Firm and Community Housing Partners over several other competitors to develop the 1-acre lot at 2 Patterson St. NE.

Monument Realty-Led Development Team Selected to Deliver 577 Apartments to North Capitol Street Site

On Monday, Mayor Bowser announced the city awarded development rights for 2 Patterson Street NE to a team comprised of Monument Realty, Morningstar Community Development, The May Firm and Community Housing Partners.

Monument Realty Wins Rights to Build 577-Unit Project in NoMa

Monument Realty now has control of two adjacent NoMa sites that could yield nearly 900 residential units. Mayor Muriel Bowser announced Monday that Monument Realty's team was selected out of six finalists to develop on the 1-acre site the city owns at 2 Patterson St. NE.

Monument Realty Sticks With Bloom Montgomery Village, With a New Partner

D.C.-based Monument has partnered with Connecticut private equity firm Greenfield Partners to purchase the 147-acre former Montgomery Village Golf Club from a joint venture of Monument and Houston-based Lionstone Investments.

With Wave of Large DC Condo Projects, Developers Hope to Pull Demand from Apartment Buildings

The D.C. condo market has experienced years of undersupply, with developers favoring the booming rental segment. But large projects under development are preparing to deliver a host of new for-sale options for D.C. buyers.

Multifamily Owners Jump in the Short-Term Rental Game

WhyHotel operates temporary hotels within multifamily buildings during a lease-up phase of a new apartment building. Harold Wu's weeklong experience at 225 N Calvert ended up being the ultimate try-before-you-buy.

Monument Realty Begins Construction on Riverside Square Shopping Center

Monument Realty to Build New Shopping Center in Ashburn

Monument Realty announced Wednesday it has secured financing, signed multiple leases and begun construction of a 90K SF shopping center fronting Route 7 in Ashburn.

Sheetz, Texas Roadhouse Among Tenants for Monument’s First Ground-Up Retail Project

Monument Realty is branching further out into the suburbs — and into ground-up retail development — with its new Riverside Square project in Ashburn.

Monument Realty Plans 310-Unit NoMa Development

Monument Realty is competing with several developers to build on a D.C.-owned NoMa site, but it is already moving forward with a project next door. The developer Friday closed on the purchase of 40 Patterson St. NE, buying it in an all-cash transaction for $12.5M from an affiliate of the Choi Cos.

Monument Buys NoMa Lot as it Vies for the Bigger D.C.-Owned Property Next Door

Monument Realty is making its first push into NoMa, buying a 25,000-square-foot lot on Patterson Street NE while continuing its pursuit of a larger, D.C.-owned parcel next door.

New High-Rise Apartments and Shopping Planned for 900 Fleet Street

If you’ve traveled to Harbor East within the last year, you may have noticed lots of ongoing construction—now add to the list the erection of a new luxury apartment building at 900 Fleet Street.