WASHINGTON, DC-Constitution Square, a seven-acre parcel in the NoMa area of the District, sells in a $121.9-million transaction. The new ownership is planning a mixed-use project for the parcel that is scheduled to get under way early next year.
WASHINGTON, DC-Constitution Square, a seven-acre parcel in the NoMa area of the District, sells in a $121.9-million transaction. The new ownership is planning a mixed-use project for the parcel that is scheduled to get under way early next year.
WASHINGTON, DC-Constitution Square, a seven-acre parcel in the NoMa area of the District, sells in a $121.9-million transaction. The new ownership is planning a mixed-use project for the parcel that is scheduled to get underway early next year.
COLLEGE PARK, MD-Ground breaks on the 268,800-sf office and research complex that will become the new home of the National Oceanic and Atmospheric Administration's Center for Weather and Climate Prediction. It is part of M Square, the 128-acre research campus at the University of Maryland.
LANHAM, MD-Asset Capital Corp. adds two office properties to its holdings with the closing of two individual transactions totaling $21.6 million. The buildings, located here and in Sterling, VA, account for an aggregate 149,800 sf.
MCLEAN, VA-Freddie Mac will delay releasing quarterly and full-year financial results for 2005 until May, after having previously announced that it would do so in March. The postponement, officials say, allows management the time to put new accounting changes in place.
MCLEAN, VA-Freddie Mac will delay releasing quarterly and full-year financial results for 2005 until May, after having previously announced that it would do so in March. The postponement, officials say, allows management the time to put new accounting changes in place.
WASHINGTON, DC-Columbia Equity Trust Inc. reports earnings for the last quarter of 2005--the first full quarter following the completion of its initial public offering in July of last year.
ARLINGTON, VA-BPG Properties takes ownership of a 326-700-sf office complex on Crystal Dr. in the Crystal City submarket. The two-building asset was sold by Monday Properties. BPG plans to upgrade and reposition the property, half of which will become vacant this June.
BALTIMORE-Shareholders of the Town & Country Trust give their approval for the multifamily REIT's merger with Magazine Acquisition LP for $40.20 per share. The decision follows months of contentious bidding among other companies to buy the REIT, following Magazine's original offer to purchase TCT for $33.90 per share.