WASHINGTON, DC-The Coalition to Insure Against Terrorism continues its push to extend the Terrorism Risk Insurance Act of 2002. In its latest gambit, CIAT has submitted a letter to the chairman of the Senate Banking Committee.
WASHINGTON, DC-The Coalition to Insure Against Terrorism continues its push to extend the Terrorism Risk Insurance Act of 2002. In its latest gambit, CIAT has submitted a letter to the chairman of the Senate Banking Committee.
ASHBURN, VA-Loudoun County officials are considering a private developer's plan to build a 141-acre mixed-use community off the Dulles Greenway. The estimated $100-million project would include approximately one million sf of office and retail space, and 600 townhouses.
BALTIMORE-A $10-million transaction leads to a change in ownership of the Blaustein Building, a 25-story tower that has loomed over the streets of Downtown for the last four decades. The 287,000-sf office property is reportedly 60% occupied, leaving room for one of the new owners to move in.
HERNDON, VA-Ownership of President's Plaza I & II, two class A office buildings totaling 203,000 sf, changes hands courtesy of a recent $51.5-million deal. A Prentiss Properties Trust-managed venture is taking the two-building portfolio off the hands of LaSalle Investment Management.
HERNDON, VA-Ownership of President's Plaza I & II, two class A office buildings totaling 203,000 sf, changes hands courtesy of a recent $51.5-million deal. A Prentiss Properties Trust-managed venture is taking the two-building portfolio off the hands of LaSalle Investment Management.
SHIRLINGTON, VA-Development plans for Ió Piazza, a 244-unit high-rise condominium, move forward with the developer's selection of Bovis Lend Lease to head up preconstruction and construction management activities. The $45-million project is scheduled for completion at the end of 2006.
VIRGINIA BEACH-The doors of the highly touted Hilton Virginia Beach Oceanfront Hotel open up on the oceanfront promenade of Atlantic Boulevard. The 291-unit luxury lodging property, which also features 12,000 sf of meeting space, cost approximately $75 million to complete.
WASHINGTON, DC-A new Giant Food grocery store and pharmacy is on its way to a southeast neighborhood designated for revitalization. A joint venture will build the 63,000-sf store--which will be part of a larger 110,000-sf retail destination--and then lease it to Giant.
WASHINGTON, DC-A new Giant Food grocery store and pharmacy is on its way to a southeast neighborhood designated for revitalization. A joint venture will build the 63,000-sf store--which will be part of a larger 110,000-sf retail destination--and then lease it to Giant.