WASHINGTON, DC-A new tenant, the Pew Research Center, prepares to come aboard the 400,000-sf office building at 1615 L St. The research group, which will occupy a 28,000-sf space under a 12-year lease, will be neighbors with the likes of international communications firm Fleishman Hillard Inc.

WASHINGTON, DC-The office building at 1750 K St. gets a new owner as The St. Joe Co. signs the deed over to the Bernstein Cos. in a $47.3 million transaction. Joe walks away with a respectable profit less than three years after purchasing the 153,000-sf property for $37.5 million.

WASHINGTON, DC-Seven decades later, complete development of the Kennedy-Warren Apartment Building--long a popular residential destination and a crown jewel in the District's Art Deco architecture offerings--reaches an end in a $46 million expansion project.

FAIRFAX, VA-webMethods, Inc. finds a new home in a 106,000-sf space at the High Ridge Corporate Park, a 211,000-sf office building. The company will relocate its headquarters, currently scattered among several structures, in the first quarter of next year.

ALEXANDRIA, VA-Ownership of a sprawling 1,524-unit multifamily property known as the Alexandria changes hands in a deal involving well over $100 million. Sterling America Property Inc. walks away with a pocketful, as it turns the apartment community over to Orion Residential.

MCLEAN, VA-Highland Hospitality Corp. makes plans to add four hotels to its portfolio in deals that will total over $81 million. In addition to signing on to buy the four properties, Highland also commits to acquiring another hotel that has yet to be completed for an unspecified sum.

WASHINGTON, DC-In an effort to stake a claim to the District's thriving real estate market, Philadelphia's Legg Mason Real Estate Services decides to establish an office in the nation's capital. The move marks the firm's first office outside of Pennsylvania.

BALTIMORE-Suburban Baltimore's Marriott Hunt Valley Inn becomes the property of HEI Hospitality in a $31-million deal. The Norwalk, CT-based hotel investment company makes the purchase through its recently created $275-million private equity fund.