CAPITOL HEIGHTS, MD-The Coral Hills Shopping Center gets a new owner in a recent $7 million deal between seller Kramont Realty Trust and buyer Mid-Atlantic Real Estate Investment Inc.

MECHANICSVILLE, VA-Development of the 500,000-sf Hanover Square South gets off the ground with developer Cousins Properties Inc.'s purchase of nearly 30 acres. A 123,800-sf Target store will serve as the property anchor.

LANHAM, MD-The Rockville, MD-based property management company takes over ownership of the 600,000-sf complex of predominantly low-rise structures from Robert G. Depew & Associates.

BALTIMORE-Two longtime occupants of St. Paul Plaza decide to stay put by renewing the leases on 123,000 sf of space. The Maryland Attorney General's Office and NFL Player Benefits, commit to five-year and 10-year leases, respectively.

GAITHERSBURG, MD-A massive upgrade and expansion of the Asbury Park View apartments gets under way with Donohoe Construction Co. at the helm. The residential project at the 130-acre Asbury Methodist Village will result in 65 new luxury apartment units.

ALEXANDRIA, VA-The Time Life headquarters building, a 156,000-sf structure in the Carlyle business community, finds a new owner with Falcon Real Estate Investment's $40-million acquisition of the property.

BALTIMORE-Extended Stay America Inc. steps up its presence in the metro market with plans to develop three new hotel properties in the area. The Spartansburg, SC-based hotel operator will open the 100-room locales in Bel Air, Columbia and Glen Burnie, MD.

FALLS CHURCH, VA-Developers of Spectrum get the go-ahead from the city council to move forward with the project on Broad Street. The property will feature 191 residential units, as well as condominium office space, and retail offerings.