WASHINGTON, DC-One of the hires will oversee Grubb & Ellis' recently formed project management division.

ROCKVILLE, MD-Scheer Partners plans to reposition 444 North Frederick Ave. Future acquisitions, however, will likely be driven by TIC considerations.

BETHESDA, MD-This deal follows a $40-million acquisition here in January. The portfolio includes 10 buildings.

WASHINGTON, DC-Shorenstein Properties takes title to the 108,085-sf office property for $35 million. GE Capital Real Estate was the seller.

Erika Morphy is co-editor of Debt and Equity Journal, from which this article is excerpted. Kennett Square, PA—Chatham Financial, a specialty finance firm that provides defeasance services, has structured a $150-million defeasance transaction for the L'Enfant Plaza in Washington, DC. The deal is not noteworthy for its size, although it is a large transaction, or for the building itself, one landmark out of many in the heart of the city. Rather, it is significant because the…

BALTIMORE-Flex developments are in strong demand in the Washington/Baltimore corridor, due in part to BRAC realignment and other Defense agencies' demands.

BALTIMORE-Flex developments are in strong demand in the Washington/Baltimore corridor, due in part to BRAC realignment and other Defense agencies' demands.

WASHINGTON, DC-The pending proposal supports a new parking plan for the stadium as well as new development on the south side of the facility.