COMMERCIAL REAL ESTATE
New York-based Joss Realty Partners has purchased The Offices at Waterfront Center in Old Town Alexandria from Bethesda-based Finmarc Management for $29.6 million. The 90,000-square-foot property includes 50,000 square feet of office space and a 41,000-square-foot Sport & Health fitness club. Read more at BisNow.
Glamsquad will expand its service offerings with the acquisition of D.C.-based on-demand beauty and fitness app, Veluxe. Glamsquad provides on-demand hair care, make-up and nail services and has raised $24 million of total funding since it was founded in 2014. Read more at Technical.ly DC.
A new, eco-friendly hotel will open at the site of the former Sheraton Four Points Hotel next month at 1201 K St. NW. The Eaton DC will feature mid-century-inspired guest rooms, environmentally-friendly mattresses and towels, a collection of curated books and art by local creatives. Read more at Curbed DC.
A Consumer Reports survey released this week found Google Fiber’s TV service to the best among the 25 providers evaluated. Only 38 percent of the 176,000 members surveyed were highly-satisfied with pay-TV services. Read more at The New York Post.
Seattle’s Finance and Administrative Services department reported the city has collected $5.8 million in revenue from its newly imposed soda tax in the second quarter of 2018. The 1.75 cent per fluid ounce tax went into effect six months ago and has collected $10.5 million in taxes since the beginning of the year. Read more at Fox Business.