Real Estate & Local News

Women’s retailer Anthropologie will take over the 37,000-square-foot Barnes & Noble space at Bethesda Row. The bookstore, which has been an anchor of downtown Bethesda since it opened in 1996, announced in March that it had failed to reach agreement on a lease extension with landlord Federal Realty Trust and would close at the end … Read More

Detached Homes The median sale price for detached properties was $920,000 in September, representing a 1.1% increase from August and 4.7% decrease year-over-year (Source: MarketStats by ShowingTime). The average days on market for detached homes sold in Bethesda was 50 days, which is 18% lower than the 5-year September average. New contract activity decreased 8.1% … Read More

1.     9490 River Road, Potomac, MD 20854 – Close Price: $3,350,000 2.     7004 Darby Road, Bethesda, MD 20817 – Close Price: $2,900,000 3.     5416 Falmouth Road, Bethesda, MD 20816 – Close Price: $2,850,000 4.     5111 Cape Cod Court, Bethesda, MD 20816 – Close Price: $2,100,000 5.     9720 Sorrel Avenue, Potomac, MD 20854 – Close Price: … Read More

Washington Business Journal reports today that The Donohoe Cos. And USAA Real Estate have teamed up to acquire 7101 Wisconsin Avenue, a Class A office building located in downtown Bethesda, for $105.7 million. The building’s features include a recently renovated façade, lobby, conference facility and common areas and an occupancy rate hovering around 97%. Donohoe … Read More

Detached Homes In August, the median sale price for detached properties in Bethesda was $910,000, a 7.4% decrease and there was no change in new contract activity compared to the previous month (Source: MarketStats by ShowingTime). The average days on market for homes sold was 50 days, 2% lower than the 5-year August average. The … Read More