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Brookfield affiliate sells utility giant’s DC headquarters

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Brookfield affiliate sells utility giant’s DC headquarters


Brookfield Asset Management is selling another office building in Washington, D.C.

An affiliate of the company sold the Edison Place building in the nation’s capital for $175 million, according to property records reported by the Washington Business Journal. The buyer of the property at 701 Ninth Street NW was an affiliate of Exelon, a utility company.

The deal works out to about $481 per square foot.

The property serves as the local headquarters for Pepco Holdings, a subsidiary of Exelon. The former owner of the 364,000-square-foot building was Potomac Capital Investment, a subsidiary of Pepco, which sold the building to the Brookfield affiliate for about $170 million in 2004.

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The recent sale rendered Pepco’s lease at the 2001-built property obsolete. Tenants include  Zaytinya, a José Andrés restaurant on the ground floor.

“The strategic sale of 701 Ninth Street NW underscores Pepco Holdings’ commitment to the District and Brookfield’s disciplined approach to unlocking value for our investors,” a Brookfield spokesperson told the Commercial Observer.

Brookfield’s “approach to unlocking value” appears to involve selling plenty of office properties, especially around D.C.

Brookfield last month sold an office building right down the street to Rockwood Capital for $153 million. The sale of 750 Ninth Street NW came in slightly below what Brookfield paid to acquire the property from the Smithsonian Institute 20 years ago.

The investment giant that same month sold an eight-story office building in Arlington, Virginia, for $47 million; the buyers appear to be affiliates of Chicago-based Remedy Medical Properties and Boca Raton-based Kayne Anderson Capital Advisors. That represented another modest loss for Brookfield, which acquired the property in 2021 for $50.1 million.

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Brookfield also recently sold a 10-story office building in Manhattan for $150 million to photography retailer B&H Photo, sources told The Real Deal. That property went for $105 million less than what the company paid for it in 2018.

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Brookfield ditches another DC office with a discount 

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Brookfield records another loss on an office sale

B&H Photo bought Brookfield’s 34th Street office building





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Washington, D.C

What’s that noise? What you need to know about D.C. flyovers Friday and Saturday – WTOP News

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What’s that noise? What you need to know about D.C. flyovers Friday and Saturday – WTOP News


Reagan National Airport will close for America 250 flyover rehearsals Friday and celebrations Saturday featuring the Thunderbirds, Blue Angels and more.

File photo of the Air Force Thunderbirds flying in formation. (Courtesy U.S. Air Force photo/Staff Sgt Richard Rose Jr)(Courtesy Staff Sgt Richard Rose Jr)

Reagan National Airport will close from 10 a.m. to 1 p.m. Friday for rehearsals ahead of this weekend’s America 250 celebrations, meaning people around D.C., Arlington and Alexandria may hear and see low-flying military aircraft.

According to Freedom 250 event organizers, Friday’s “Wings of Freedom” demonstrations over the National Mall will feature parachute teams, helicopters and military aircraft, including the U.S. Marine Corps’ MV-22 Osprey and F-35B, the Navy’s F-18F and F-35C, the Air Force’s F-22 Raptor, the Thunderbirds and a tri-bomber formation.

On Saturday, the FAA will close the airport from noon to midnight for the full celebration. All arrivals and departures at Reagan National are scheduled to end before noon.

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Flyovers and demonstrations are scheduled throughout the afternoon and evening along the National Mall and Washington Monument grounds, including appearances by Air Force One, the Thunderbirds, Blue Angels, military aircraft fleet reviews, parachute demonstrations and B-2 stealth bombers.

Highlights include an Air Force One flyover scheduled for 7:03 p.m., a Thunderbirds demonstration beginning at 6:25 p.m., a tri-bomber formation at 6:02 p.m. and a stealth aircraft flyover at 7:38 p.m.

Friday’s schedule of flyovers and demonstration rehearsals along the National Mall and Washington Monument

  • 10 a.m.: Golden Knights, Leap Frogs
  • 10:15 a.m.: Army Helo Flyover
  • 10:20 a.m.: USMC V-22 Osprey Demo
  • 10:35 a.m.: USMC F-35B STOVL Demo
  • 10:50 a.m.: USN F-18F Demo
  • 11:10 a.m.: USN F-35C Demo Team
  • 11:30 a.m.: USAF F-22 Raptor Demo
  • 11:50 a.m.: NASA F-5s
  • 12 p.m.: HUGE (1) Formation
  • 12:05 p.m.: USAF Thunderbirds
  • 12:55 p.m.: USAF Tri-Bomber

Saturday’s schedule of flyovers and demonstration along the National Mall and Washington Monument

  • 1:14 p.m.: – NASA F-5 Flyover
  • 1:24 p.m.: -NASA Fleet Review
  • 1:44 p.m.: USCG Helo Flyover
  • 1:54 p.m.: USCG Fixed Wing Flyover
  • 2:09 p.m.: Golden Knights, Leap Frogs
  • 2:29 p.m.: Army Helo Flyover
  • 2:44 p.m.: USAF Fleet Review – Wave 1 – Heavies
  • 2:54 p.m.: USAF Fleet Review – Wave 2 – AFSOC
  • 3:04 p.m.: USAF Fleet Review – Wave 3 – Fighters
  • 3:29 p.m.: Executive Rotary Wing Airlift
  • 3:39 p.m.: USMC Fleet Review – Wave 1 – Rotary
  • 3:49 p.m.: USMC Fleet Review – Wave 2 – Fixed Wing
  • 3:59 p.m.: USN Fleet Review – Wave 1 – Rotary
  • 4:09 p.m.: USN Fleet Review – Wave 2 – Fixed Wing
  • 4:19 p.m.: USN Fleet Review – Wave 3 – Fighters
  • 4:21 p.m.: USN F-18F Demonstration
  • 4:59 p.m.: USN Blue Angels
  • 5:26 p.m.: USMC MV-22 Osprey Demonstration
  • 5:44 p.m.: USAF Fleet Review – Fighters
  • 6:02 p.m.: USAF Tri-Bomber Formation
  • 6:05 p.m.: USN F-35C Demonstration
  • 6:25 p.m.: USAF Thunderbirds Demonstration
  • 7:03 p.m.: Air Force One Flyover
  • 7:07 p.m.: USAF Thunderbirds Delta Break
  • 7:17 p.m.: HUGE 1 Flyover Led by the Newly Renovated Air Force One
  • 7:38 p.m.: U.S. Stealth Airpower Flyover
  • 7:39 p.m.: F-22 Raptor Demo
  • 7:53 p.m.: F-22 Raptor in Afterburner
  • 7:59 p.m.: B-1 Flyover
  • 8:07 p.m.: B-1’s in Afterburner
  • 8:11 p.m.: HUGE ONE Fly Over Review
  • 8:22 p.m.: Golden Knights Twilight Jump
  • 10:36 p.m.: B-1 Afterburner Night Pass

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Washington, D.C

Air Force officer arrested at Capitol after calling for Trump’s impeachment

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Air Force officer arrested at Capitol after calling for Trump’s impeachment


An Air Force major was arrested in uniform on the steps of the Capitol after he called for the impeachment of President Donald Trump.

U.S. Capitol Police arrested Jason Watson, an active-duty service member, on Wednesday afternoon following remarks at a news conference where he said Trump and Vice President JD Vance should be removed from office.

The event was organized by the Removal Coalition, a group that lobbies members of Congress to impeach Trump, and attended by Rep. Al Green, D-Texas, who has repeatedly introduced articles of impeachment against Trump.

“I’m here with him because Rep. Green is the only member of Congress that has demonstrated the courage and conviction to … force a vote on articles of impeachment,” Watson said at the event. “If Congress followed his example, we could remove the entire Trump administration, but Congress remains unconvinced of the urgency and necessity for them to honor their oaths, so we must persuade them with our unrelenting, uncompromising civil resistance.”

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Watson said he is not a Democrat and does not share policy positions with Green, who lost his re-election bid this year. Green’s office did not immediately respond to a request for comment on Watson’s arrest.

Capitol Police said in a statement that it “is generally against the law for the public to demonstrate on the House Steps unless they are with a Member of Congress.”

“Yesterday afternoon, a man was escorted to the House Steps by a Member of Congress,” the statement said. “When the Member of Congress left the area, our officers gave the man lawful orders to stop the illegal demonstration or he would be arrested. The man refused our lawful orders.”

Capitol Police identified the man as Watson, adding that he was arrested on charges of “Crowding, Obstructing, and Incommoding” and that it is legal to protest in other spots on the Capitol grounds.

Service members are subject to stricter laws than the average citizen when it comes to protesting. The Uniform Code of Military Justice prohibits officers from “using contemptuous language towards the President, Vice president, the Secretaries of War and of a military department, Congress, and certain other officials,” according to an Air Force memo last year.

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An Air Force spokesperson said in a statement Thursday: “Service members must comply with all laws, regulations and policies governing conduct and the wear of the uniform. All Department of the Air Force personnel are expected to uphold the highest standards of discipline and professionalism, both on and off duty.”

All service members, not just members of the Air Force, are prohibited from participating in “political activities” in uniform.

Watson’s criticism of Trump and Vance focused on the administration’s actions in Venezuela and Iran, calling them “an unconstitutional usurpation of Congress’ authority and a violation of the War Powers Clause.”

“These violations resulted in the deaths of 13 service members and injuries of hundreds more,” he said, referring to the number of U.S. military deaths tied to the Iran war. “For this, the president and vice president must be impeached, convicted and removed.”

Watson also called the administration’s immigration policies and tactics unconstitutional.

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The Removal Coalition did not immediately respond to a request for comment, and Watson could not be reached.

President Donald Trump responded to criticism of a financial disclosure that listed $1.4 billion in crypto earnings largely driven by meme coins.



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Hegseth faces protests at ‘Safe and Beautiful’ Washington, DC ceremony

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Hegseth faces protests at ‘Safe and Beautiful’ Washington, DC ceremony


Berk Kutay Gökmen

02 July 2026Update: 02 July 2026

US Defense Secretary Hegseth on Thursday faced protesters while hosting the Trump administration’s DC Safe and Beautiful Task Force ceremony in Washington DC.

During the ceremony at Meridian Hill Park, which saw the gathering of National Guardsmen, dozens of demonstrators gathered near the park to protest Hegseth.

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Footage shows the demonstrators chanting a short distance away from where Hegseth and roughly 200 members of the National Guard had gathered in the park

In social media posts, one protester was seen holding a Palestinian flag, while another person was holding a sign that reads “arrest Hegseth.” The protesters want a “Free DC,” according to social media posts.

In his address to the National Guard, Hegseth said that “this background noise is perfect,” referring to the protests.

“It’s the sound of ingrates, of ingratitude—of people who are so blinded by ideology they can’t see law and order and common sense in front of them,” he said.

Meridian Hill Park was repaired by the National Park Service and the Interior Department as part of a larger initiative to restore and enhance federal parks and public spaces throughout the nation’s capital in preparation for America’s 250th anniversary, which falls on this Saturday, July 4.

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Though such beautification projects are typically popular with the public, the current initiative has been controversial both for its choice of projects and the use of no-bid contracts to hire firms to do the work, sometimes with disappointing results.

The work aligns with President Donald Trump’s DC Safe and Beautiful Task Force, established by a March 2025 executive order that directs federal agencies to coordinate public safety and beautification efforts across Washington.



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