BETHESDA, MD-Advantis Real Estate Services Co. increases its coverage of the Suburban Maryland market with the addition of a new two-person team to its office here. Robin A. Burke and Andrew M. Cole come to Advantis/GVA from CBRE.
ARLINGTON, VA-Hotel REIT MeriStar Hospitality Corp. sells off five of its properties in separate deals valued at a total of $29.5 million. Together, the properties--three in Texas, one in Connecticut, and another in Arizona--account for 1,245 guest rooms.
BALTIMORE-One South Street, the 479,000-sf office high-rise in downtown Baltimore, gets a new leasing team, as property owner Brandywine Construction & Management Inc. appoints real estate services firm CB Richard Ellis to the position of exclusive leasing agent.
WASHINGTON, DC-Lowe Enterprises Mid-Atlantic Inc. will spearhead the conversion of the former National Wax Museum site into a new $133-million mixed-use development.
ARLINGTON, VA-The Arlington County Board gives the thumbs up for the development of a new 327-unit high-rise apartment building to replace the 60-year-old Oakridge Apartments.
WILLIAMSBURG, VA-Adult residents of this area are in for a new playground, as Hubert Construction LLC gets going on the new Colonial Heritage Williamsburg Country Club and Sport Center.
FRUITLAND, MD-Fruitland Plaza comes under new management with the ownership's selection of JBG Rosenfeld Retail to head up management and leasing activity at the 100,000-sf shopping center.
ROANOKE, VA-The architectural firm decides to recommit to its home at 1315 Franklin Rd. As per the lease agreement, the company will continue to use the 36,500-sf building as its headquarters for the next 10 years.
WASHINGTON, DC-With the helping hand of Corus Bank, a deal is struck for a $23.5 million financing package to aid the construction of two multifamily endeavors, the 37-unit Lofts 14 II Condominiums and the 20-unit Cooper Lewis Condominiums.
WASHINGTON, DC-An 11-property apartment portfolio hits the market in the District. The asking price for the package, which accounts for a total of approximately 800 units, is $88 million.