ARLINGTON, VA-Construction is under way for the expansion of the 361,000-sf mixed-use community known as the Village at Shirlington. The Bozzuto Group, Trammell Crow Co. and Arlington County are behind the $100-million endeavor, which will feature residential offerings and new cultural venues.
WASHINGTON, DC-The US Government Printing Office goes on the hunt for new office space with the help of the Staubach Co., the Dallas-based real estate advisory firm. The federal entity is also bringing the company in help find a company to redevelop its current historic digs.
WASHINGTON, DC-Good news about the real estate industry arrives with the National Association of Real Estate Investment Trusts' recent Equity Index numbers, which show high returns for REIT stocks for this year, so far. Other data by Institutional Shareholder Services provides even more good news about the industry as a whole.
BALTIMORE-Plans for the development of an 83-unit condominium property in the historic Mount Vernon community move forward as the Mount Vernon-Belvedere Association gives the "thumbs up" for the project.
OXON HILL, MD-Housing development officials from all around come out for the opening dedication of Trinity Terrace, a 72-unit multifamily property developed for low-income senior residents. Victory Housing Inc. is behind the project which was made possible by $6.4 million in public and private funds.
VIRGINIA BEACH, VA-Alta at Towne Square Apartments, a 288-unit apartment community completed just last year, sells for $39 million. ING Real Estate takes the class A property, located in the Hampton Roads area, off the hands of Towne Square Apartments LLC and Wood Partners.
RESTON, VA-Titan Corp. opens the doors of its new headquarters at Two Freedom Square, a 280,000-sf office facility in Reston Town Center. The information and communication services provider is leasing nearly the entire building, where it will house 1,000 employees.
WASHINGTON, DC-The District office of LJ Melody & Co. closes on a $165 million financing package for the 12-property First Washington Realty/CalPERS Shopping Center Portfolio that crosses five states and accounts for nearly 1.8 million sf of retail space.
WASHINGTON, DC-A 15,300-sf space formerly occupied by Alion Science and Technology at 300 M St. will now be subleased by two companies, EG&G Technical Services and Strategic Insight. The 280,000-sf office structure sits in the southeast section of the District, near Capitol Hill.
BALTIMORE-A partnership involving Skanska USA Building Inc. and the Smoot Construction Co. is selected to head-up construction services for a massive expansion endeavor at the East Baltimore campus of Johns Hopkins University Hospital. The partnership's contract is valued at $300 million.