ALEXANDRIA, VA-The 55,000-sf Mt. Vernon Village Center fills up as Renal Care Partners of Alexandria signs on to occupy 6,200 sf of space in the recently renovated center.
WASHINGTON, DC-In a $22.5 million deal, the Barr Building gets traded from the portfolio of KV Sun Holdings LP to that of a North Carolina-based private investor. The 100,000-sf historic office property was leased to 83% capacity.
WASHINGTON, DC-Proceeds from the offering--which allows underwriters the option of acquiring as many as 300,000 additional shares--will be used to repay funds borrowed from a $90-million term loan.
TAKOMA PARK, MD-The financing package for Cedar Crossing, a new residential condominium project with ground-level retail space, is now complete with CIG International LLC's contribution in the form of $1.4 million in mezzanine funding.
ARLINGTON, VA-The 107,000-sf Quincy Crossing office building gets snapped up by Glenborough Realty Trust for $34 million, or $318 per sf. Quincy Crossing is part of a mixed-use development that includes apartments.
SILVER SPRING, MD-Newman Financial Services' structured properties group is backing a $21 million combination bridge and mezzanine loan for Fairfield Residential LLC's acquisition of the 416-unit property.
LYNCHBURG, VA-Centra Health reveals plans for two new facilities totaling nearly 200,000 sf. The healthcare company is proposing to spend $81 million to build a new cancer treatment building and a five-story patient tower.
WOODBRIDGE, VA-A prime location turns out to be the big selling point for an anchorless shopping center in a $6 million refinancing deal. The owner secured the financing from GMAC Commercial Mortgage Corp.
GERMANTOWN, MD-A three-decade-old multifamily community prepares for a renovation as the Housing Opportunities Commission breaks ground on the $4.2 million makeover of the Middlebrook Square public housing property.
ALEXANDRIA, VA-About 2,600 US Patent and Trademark Office employees will relocate to a new home with the organization's opening of the first of its five office structures that will make up its new headquarters campus.