WASHINGTON, DC-The developer's first project in the District--a spec office building--is expected to rent in the high $40s. The 12-story site will have 240,000 sf of rentable space.

WASHINGTON, DC-The developer's first project in the District--a spec office building--is expected to rent in the high $40s. The 12-story site will have 240,000 sf of rentable space.

BETHESDA, MD-The JV now has a potential $1 billion in debt and equity to invest. One possible use for the funds is further investment in the three remaining phases of North Bethesda Center.

BETHESDA, MD-The JV now has a potential $1 billion in debt and equity to invest. One possible use for the funds is further investment in the three remaining phases of North Bethesda Center.

MCLEAN, VA-Lerner Enterprise plans new office tower at Tysons II. Other firms are either opening new offices or relocating entirely to the area.

ARLINGTON, VA-The former CEO of MeriStar Hospitality is announcing plans to form a new firm this week, GlobeSt.com has learned. CapStar Hotel Co. will acquire and develop premium-branded, select-service hotels.

ARLINGTON, VA-The former CEO of MeriStar Hospitality is announcing plans to form a new firm this week, GlobeSt.com has learned. CapStar Hotel Co. will acquire and develop premium-branded, select-service hotels.

DULLES, VA-ProLogis sells one building to Federal Bakers, GlobeSt.com has learned. The sale is expected to close at the end of this year.