HUNT VALLEY, MD-Greetings & Readings will come to Hunt Valley Towne Centre, opening up a 30,000-sf store at the shopping center that is currently being redeveloped into an 860,000-sf retail destination. The new locale marks the books and gifts vendor's second store.
PRINCE GEORGE'S COUNTY, MD-A seven-million-sf hotel, convention center and retail development to be known as National Harbor gets a big push forward with the Prince George's County Council's approval for the sale of $160 million in bonds to help fund the $1-billion project.
ARLINGTON, VA-Three years after having acquired the Ellipse in a $42-million deal, New Boston Fund sells the nearly 200,000-sf office building to Chicago-based Miller Global Properties LLC. Today the 15-year-old property is assessed at a value of $43.6 million.
ARLINGTON, VA-Vornado Realty Trust becomes full owner of the Crystal City Marriott in a $21.5 million deal. The Paramus, NJ-based REIT takes the 343-room hotel off the hands of a limited partnership, part of which is owned by two Vornado trustees.
WASHINGTON, DC-In a $50-million deal, ownership of the 135,000-sf office property at 2121 K St. changes hands. With the assistance of Transwestern Commercial Services' Investment Services Group, AEW Capital Management LP sells the class a building to M&J Wilkow Ltd.
HAMPTON, VA-A new tenant joins the roster at the 76,000-sf Pinewood Plaza. Defense contractor Royce Information Systems takes on 2,500 sf of space at the office property, becoming neighbors with the likes of Northrop Grumman and the Virginia Peninsula Chamber of Commerce.
GERMANTOWN, MD-Summers ahead will prove to be a little cooler for Montgomery County area residents now that work is underway for the development of a new 60,000-sf swim facility at the South Germantown Recreational Park. The Indoor Aquatic Center will cost about $16 million to complete.
ARLINGTON, VA-The Hartford Building, a new 215,000-sf office structure in a burgeoning area of the Clarendon submarket, gets a new tenant with renowned global architectural and engineering firm DMJM's signing of a 40,000-sf lease. DMJM will relocate to the Hartford from its current home in Arlington.
WASHINGTON, DC-Ownership of six multifamily and retail properties in the popular Georgetown area of the District changes hands in a series of recent deals. Marcus & Millichap Real Estate Investment Brokerage Co. orchestrates the dispositions, which account for a total of nearly $7 million.
WOODBRIDGE, VA-Direct mail firm ABR Services Inc. acquires two industrial buildings totaling 60,000 sf. The company, which is spending nearly $4 million on the purchase, plans to relocate its headquarters into the buildings, leaving 10,000 sf available for leasing to an outside occupant.
