WASHINGTON, DC-What can $200 million buy in the District and surrounding metropolitan areas? A top-of-the line retail portfolio totaling 460,000 sf. Grosvenor is forking over the funds to a handful of Starwood Urban LLC subsidiaries in exchange for the 15-property portfolio, which also includes a hotel and some office space.

FAIRFAX, VA-The office structure at 3702 Pender Dr. in West Oaks Executive Park II becomes a property of the Penzance Cos. and Aslan Realty Partners II, a Transwestern Investment Co. institutional investment fund. The purchase of the 78,400-sf building marks the third joint venture project between the two entities since 2003.

WASHINGTON, DC-With the assistance of NorthMarq Capital Inc., two District office buildings get refinanced to the tune of $53.5 million. The downtown area structures account for a total of approximately 260,000 sf, and boast Fannie Mae as a lead tenant.

WASHINGTON, DC-Everyone wants a piece of the hot Washington, DC office market, and the megabucks the office building at 901 F St. just commanded is proof of that fact. The 113,000-sf structure has just sold for an impressive $56 million.

BELCAMP, MD-Development of Waters Edge Corporate Campus, a 400,000-sf mixed-use project, takes a big leap forward with the demolition of the former Bata Shoe Co. factory that stood on the site since 1939. The space will soon become home to more office and retail structures.

ROCKVILLE, MD-A land swap is orchestrated between Montgomery County and Konterra LP, leaving all parties involved in improved situations. Konterra will give a portion of one of its properties to the County, which will create a parking lot on the space, and Konterra will take over a county-owned parcel for its own.

BETHESDA, MD-First Potomac Realty engages in a few big business deals with the acquisition of five flex and industrial properties in Northern Virginia in Suburban Maryland for a total of $92.3 million. In addition to the purchases, the REIT has plans to sell one of its buildings for $8.5 million.

WASHINGTON, DC-The staff of the National Association of Realtors is now officially settled into its new digs in the new 93,000-sf tower at 500 New Jersey Ave. NAR's new home is expected to receive certification as a "green" building, acknowledging the property as a facility featuring superior environmentally friendly elements.