MCLEAN, VA-Tenant DDL Omni expands its commitment to space at 8260 Greensboro Dr. by adding nearly 5,400 sf to its existing take of 22,600 sf. Additionally, the engineering and technical service firm is extending its entire lease agreement at the 156,200-sf office facility through 2011.
VIRGINIA BEACH, VA-Mortgage firm United Capital Inc. commits to 6,000 sf of space at Windwood Centre, a 79,000-sf office property in the Hampton Roads submarket. The mortgage firm will join a diverse list of tenants that includes two other mortgage companies.
PRINCE WILLIAM COUNTY, VA-The cultural environment in the county will get a big shot in the arm, courtesy of a planned 1,100-seat performing arts center. Prince William County and George Mason University are joining forces to develop the $56-million complex.
ARBUTUS, MD-The bwtech@UMBC Research and Technology Park continues to prove popular as several tenants sign on for a total of 18,000 sf of space in a recently completed 60,000-sf office/lab facility. The building is the second structure developed by Grosvenor in the suburban Baltimore park.
WASHINGTON, DC-GMAC Commercial Mortgage Corp.'s Washington, DC office closes on a $35.9 million refinancing package for a 179-property portfolio of group housing facilities for the disabled in North Carolina. The borrower is the Arc of North Carolina, which is borrowing the funds at a 5.43% interest rate.
WASHINGTON, DC-After a false start, One NoMa Station gets off the ground with the selection of Tishman Construction Corp. to oversee the redevelopment of the existing facility, which sits at 131 M St., NE. The $32 million endeavor will yield a 408,000-sf class A office building.
GLEN BURNIE, MD-Work gets under way on building number nine at Cromwell Business Park. The new 48,100-sf flex structure, due to reach completion in the first quarter of 2005, brings developer MIE Properties closer to the 150-acre business park's ultimate goal of 750,000 sf among 12 buildings.
MCLEAN, VA-PricewaterhouseCoopers LLP pre-leases an additional 24,600 sf at 1800 Tysons Blvd., the 320,000-sf office building that will become home the company's regional headquarters. When the class A structure in the popular Tysons Corner submarket reaches completion, PricewaterhouseCoopers will occupy a total of 184,600 sf.
LAUREL, MD-Dreyer's Grand Ice Cream Holdings Inc. breaks ground on the $180-million expansion of its manufacturing plant on Whiskey Bottom Road. The ice cream company will increase the size of its ice cream making and storage facilities at the Laurel Operations Center from 100,000 sf to 700,000 sf.
HERNDON, VA-In a recent $78.2-million transaction, the four-structure Worldgate Plaza office park finds a new owner. Boston Properties takes over possession of Worldgate Plaza I through IV from an entity of Faison Enterprises, which had just acquired the 322,000-sf group of class A office buildings in a package deal last year.