WILMINGTON, DE-The property known for years as the Chase Manhattan Building gets a new tenant with ING Direct's commitment to 110,000 sf in the 260,000-sf office structure. The Delaware Ave. location could become home to as many as 700 workers.
COLUMBIA, MD-Leading office REIT Corporate Office Properties Trust wraps up a new $300-million unsecured revolving credit facility. The new facility, scheduled to mature three years from now, replaces a $150-million facility that would have matured March 31.
WASHINGTON, DC-The class A office property at 2100 M St., recently acquired by Prudential Real Estate Investors/TMW, is now under the management of the local office of Houston-based PM Realty Group.
GAINESVILLE, VA-Development of Virginia Gateway--a planned 730,000-sf mixed-use project by the Peterson Cos.-- moves ahead with the selection of a builder, RW Murray Co., for five of the multiple structures that will adorn the campus.
RICHMOND, VA-The Midlothian Crossing Shopping Center gets a new tenant as Red Wing Shoe Store commits to 4,800 sf of space at the 97,000 sf strip mall. The new locale marks Red Wing's second store in the city.
SMYRNA, DE-Kent County welcomes a new 1.2-million-sf Wal-Mart regional distribution center, and the 1,000 jobs that come with it. The facility cost about $50 million to develop.
NEWPORT NEWS, VA-Newmarket Shopping Center, a 400,000-sf retail property that straddles the cities of Newport News and Hampton, is now under new management and leasing direction.
ROCKVILLE, MD-Commercial mortgage company Criimi Mae Inc. takes a look back at 2003 and a look ahead at what is to come in 2004 during its 2003 year-end conference call. In comparison to 2002, last year's numbers show marked improvement.
COLUMBIA, MD-Coca-Cola Enterprises signs up for 30,000 sf of space at Rivers Corporate Centre, a new 45,000-sf office facility currently under construction. The two-story building is expected to reach completion next quarter.
ROCKVILLE, MD-New and old tenants show allegiance to Metro Park North as the 900,000-sf compound of office and R&D buildings rakes in nearly 70,000 sf worth of leasing contracts. The occupants all have room for expansion at the 53-acre business park.