ARLINGTON, VA-A 290,000-sf office building in Crystal City will become the new home of the Bureau of National Affairs. The publishing organization enters into an agreement to acquire the property from Vornado Realty Trust for about $100 million. In turn, Vornado will acquire the three buildings totaling 300,000 sf.
ARLINGTON, VA-A 290,000-sf office building in Crystal City will become the new home of the Bureau of National Affairs. The publishing organization enters into an agreement to acquire the property from Vornado Realty Trust for about $100 million. In turn, Vornado will acquire the three buildings totaling 300,000 sf.
WOODLAWN, MD-The 10-acre mixed-use Windsor Office Park in suburban Baltimore gets underway with the start of construction of two flex/office buildings totaling 63,000 sf. The development, which will also feature two retail pad sites, will cost about $6 million to complete.
BALTIMORE-Development of the long-awaited convention center headquarters hotel, the Hilton Baltimore, begins in earnest. The 756-room lodging property will cost an estimated $305 million to complete and will open its doors in 2008.
ARLINGTON, VA-Shopping mall REIT the Mills Corp. is considering selling, and taps JP Morgan Chase & Co. and Goldman Sachs Group Inc. to look into its options. The company--which owns, manages and leases 42 malls--revealed in January that it would have to restate its earnings for the past few years due to accounting errors.
HAGERSTOWN, MD-A $90 million financing deal closes for the 900,000-sf Valley Mall. The deal allows the property owner to utilize the 10-year fixed-rate mortgage loan to pay down part of its existing credit facility and finance new projects.
HAGERSTOWN, MD-A $90 million financing deal closes for the 900,000-sf Valley Mall. The deal allows the property owner to utilize the 10-year fixed-rate mortgage loan to pay down part of its existing credit facility and finance new projects.
ARLINGTON, VA-Brookfield Financial Properties LP signs a definitive agreement to acquire a two-building, 540,000-sf office complex in the Pentagon City area for $235.4 million. It is home to the Transportation Security Administration.
ARLINGTON, VA-Brookfield Financial Properties LP signs a definitive agreement to acquire a two-building, 540,000-sf office complex in the Pentagon City area for $235.4 million. It is home to the Transportation Security Administration.