WASHINGTON, DC-Courtyard by Marriott's Courtyard Washington Embassy Row emerges from a $1.2-million renovation that puts the 156-room hotel property on a higher level among the city's plethora of lodging facilities. Owned by the Bernstein Cos., the 80,000-sf hotel is just a blocks from the White House.
WASHINGTON, DC-Foregoing leasing options, AARP decides to acquire four floors of office condominium space at Terrell Place, the 476,000-sf mixed-use property at 650 F St. AARP's additional digs will connect to the organization's headquarters space at 601 E St.
LEESBURG, VA-Plans for a mixed-use project to be called the Village at Leesburg by KSI Services Inc. are at the mercy of the city's zoning authority, which is going over the project with a fine-tooth comb for the second time.
LEESBURG, VA-Plans for a mixed-use project to be called the Village at Leesburg by KSI Services Inc. are at the mercy of the city's zoning authority, which is going over the project with a fine-tooth comb for the second time.
CARNEY, MD-North Plaza Shopping Center, a 338,000-sf retail destination in Suburban Baltimore, comes under new ownership with Continental Realty Corp.'s recent purchase of the property from the estate of Leonard Stulman Enterprises for $40 million.
WASHINGTON, DC-Fannie Mae decides against leasing 1.5 million sf of office space that is targeted for development at the Waterfront Mall in the southeast section of the District. The decision comes as a result of the mortgage lender's current financial challenges.
SILVER SPRING, MD-With Choice Hotels International's recent launching of a new brand, an upper-scale business traveler-friendly chain of hotels is on the way. Choice Hotels' Cambria Suites will offer 100- to 150-room properties with higher-end amenities than those found in the average extended-stay facility.
MCLEAN, VA-Sunrise Senior Living Inc. is about to increase its management portfolio, as well as its property portfolio, through an acquisition transaction with Fountains Continuum of Care Inc., a senior-living communities owner and operator based in Tucson.
FAIRFAX, VA-Rivermine Software triples its presence at 50 West Corporate Center, a 203,000-sf office facility on Fair Ridge Drive. The company, through a lease that secures its occupancy through 2009, will now have a 27,000-sf space to accommodate its growing business.
WASHINGTON, DC-Two organizations will find new homes in the same building as work gets under way on a new mixed-use property at 620 F St. NW. The Shakespeare Theatre will open its second venue in half of the 230,000-sf facility, while the International Union of Bricklayers and Allied Craftworkers will set up shop in the office segment of the structure.