ARLINGTON, VA-An acquisition financing deal totaling nearly $46 million closes for Ballston Metro Center, a 234,000-sf office facility located atop a Metro station.

ROCKVILLE, MD-Having surveyed other options, the US General Services Administration decides to recommit to its lease on Shady Grove V, a 108,000-sf office facility. The building, which houses offices of the US Food and Drug Administration, will remain the organization's home for an additional five years.

ROCKVILLE, MD-Having surveyed other options, the US General Services Administration decides to recommit to its lease on Shady Grove V, a 108,000-sf office facility. The building, which houses offices of the US Food and Drug Administration, will remain the organization's home for an additional five years.

VIENNA, VA-Leasing activity at American Center continues at a steady pace under the new ownership of Equity Office Properties Trust. Leases totaling 42,000 sf are put in place at the two-building, 329,000-sf office facility in the eight months since Equity Office took the helm.

ROCKVILLE, MD-Ownership of Twinbrook Square, a fully leased 1970s-era shopping center, changes hands in a recent transaction valued at $24.5 million. JBG Rosenfeld Retail becomes the new owner, taking the 93,000-sf retail center off the hands of Equity Pike Associates LLC.

BALTIMORE-Seven months after issuing an RFP through the Baltimore Development Corp., the City of Baltimore chooses a team to develop a parcel in the central business district. The team, called CityScape, plans a $71-million residential and retail project for the site.

BALTIMORE-Seven months after issuing an RFP through the Baltimore Development Corp., the City of Baltimore chooses a team to develop a parcel in the central business district. The team, called CityScape, plans a $71-million residential and retail project for the site.

WASHINGTON, DC-Change is afoot at CarrAmerica. John Donovan, senior managing director of the leading office property REIT, is in the process of slowly relinquishing his position to Philip Thomas who is currently the company's senior vice president for leasing. After 30 years with CarrAmerica, Donovan is planning to spend the year easing into retirement.