WASHINGTON, DC-The Doubletree Guest Suites Hotel Downtown finds a new owner in Innkeepers USA Trust, as the hotel REIT takes the property as its own in a $23-million transaction. The 105-room hotel also features nearly 900 sf of meeting space.

WASHINGTON, DC-The 57,800-sf office building at 475 School St. SW finds a new owner in a local family partnership as part of a Section 1031 Tax Deferred Exchange transaction. The family acquires the majority interest in the building for nearly $17.8 million from Meritage Properties.

WASHINGTON, DC-The General Services Administration recommits to its hold on 235,000 sf of space for the US Department of Justice at 1425 New York Ave. with the signing of a recent long-term lease renewal. The lease, the largest lease in the District last year, is valued at $110 million.

WASHINGTON, DC-The Congressional Budget Office releases a new paper, "Federal Terrorism Reinsurance: An Update," and the Coalition to Insure Against Terrorism gives its response to the document, calling it "dated."

SILVER SPRING, MD-With Hess Construction Co. at the helm, development of the District Courthouse Downtown wraps up 2.5 years after the Maryland Board of Public Works signed off on the project. The $15-million courthouse is part of a larger $321-million city renewal project.

GERMANTOWN, MD-Ownership of Milestone Business Park, a 36.5-acre mixed-use compound off Interstate 270, changes hands in a recent deal valued at $60.5 million.

GERMANTOWN, MD-Ownership of Milestone Business Park, a 36.5-acre mixed-use compound off Interstate 270, changes hands in a recent deal valued at $60.5 million.

CHESAPEAKE, VA-Braintree, MD-based BT Conferencing Inc. makes its first US expansion with the planned opening of a new customer support center in a 24,000-sf space at 1424 Crossways Blvd., a 104,000-sf office facility. The new site is expected to debut in late February or early March.