RICHMOND,VA-The final bid is said to be very close to the asking price of $2.4 million.

The National Association of Real Estate Investment Trusts says the primary US REIT index delivered an eye-popping 34.35% return in 2006. The question now: Will there be a repeat performance in 2007?

SUFFOLK, VA-Virginia Regional Commerce Park expects to leverage the expected increase in demand for space in the area when the $490-million AP Moeller terminal opens.

ARLINGTON,VA-This is the third management contract Interstate Hotels & Resorts has with Cornerstone and one of seven hotels it manages in the Washington DC/Northern Virginia area.

BALTIMORE-The three unit portfolio is being spun off from 12-portolio acquisition made earlier this year.

RICHMOND,VA-ING Clarion has until Feb. 2 to negotiate a purchase contract.

ALEXANDRIA,VA-The New York City-based firm pays $104,300 per unit for the 1,387-key property.

ALEXANDRIA,VA-The New York City-based firm pays $104,300 per unit for the 1,387-key property.