Bridge will operate just five percent of the JV.

MG Properties led the way with the biggest purchase.

The 1,575-foot tall tower would feature office and hotel components.

Absorption turning negative doesn't tell the whole story.

However, there are some troubling trends.

Absorption isn't expected to flip positive in the short term.

Office stood out with its strong performance across the board.

The move adds to the developer's portfolio in Northern Virginia.