WASHINGTON, DC-Fannie Mae sees trouble ahead as it reports in a filing to the Securities and Exchange Commission that no less than eight lawsuits are in the works against the company. Holders of the housing mortgage lender's securities are behind the suits, which accuse the company of securities violations with regard to its internal accounting practices.

ROCKVILLE, MD-Canon US Life Sciences Inc. decides to relocate from Arlington, VA to a space formerly occupied by Human Genome Sciences in the 318,000-sf, multi-structure Shady Grove Life Science Center in Rockville. The company's agreement allows for it to occupy as much as 35,000 sf of space.

WASHINGTON, DC-Foley & Lardner LLP decides to secure its future at Washington Harbour, a 537,000-sf trophy office property, well before its long-term lease expires. The law firm is not only renewing its lease for an additional 15 years, it is also expanding its office space by 75,000 sf to 200,000 sf.

WASHINGTON, DC-The Campaign for Housing and Community Development Funding sends out a questionnaire on affordable housing and community development to the presidential candidates and gets a response. Expanding affordable housing and addressing homelessness appear to be priorities for both camps.

ALEXANDRIA, VA-The 115,000-sf office and retail building on King Street known as Summit Centre finds a new owner as Cobourg Pointe Development LLC sells the property, the office portion of which is fully leased by the government, to MGP Real Estate LLC in a deal valued at about $23.4 million.

GLEN BURNIE, MD-A new Target store opens at the Centre at Glen Burnie, filling a 123,700-sf anchor position at the 410,000-sf shopping center that is currently being upgraded. The discount retail chain will join existing anchors Best Buy, Dick's Sporting Goods and Toys 'R' Us.

WASHINGTON, DC-Hopes among many congressional members and real estate groups of securing an extension of the Terrorism Risk Insurance Act before year's end are dashed as leaders of the US House of Representatives refuse to schedule action on the legislation before Congress recesses for the year.

GLEN BURNIE, MD-A new Target store opens at the Centre at Glen Burnie, filling a 123,700-sf anchor position at the 410,000-sf shopping center that is currently being upgraded. The discount retail chain will join existing anchors Best Buy, Dick's Sporting Goods and Toys 'R' Us.