ROCKVILLE, MD-Development of the third of several structures that will be built as part of Johns Hopkins University's Montgomery County expansion plan, gets under way with a groundbreaking for the 115,000-sf facility.

FAIRFAX, VA-The nearly 100,000-sf office at 3701 Pender Dr. brings in $14.5 million in a deal between seller Archon Group and buyer Penzance Properties LLC. The five-story class A structure is currently 94% occupied.

WASHINGTON, DC-The 300,000-sf office building that is part of the infamous Watergate Complex brings in $108 million with its change in ownership from LaSalle Investment Management, Income and Growth Fund to DGB Enterprises.

TIMONIUM, MD-The 160,000-sf Yorkridge Shopping Center is in line for a makeover with the securing of $14.5 million in financing with the assistance of MacKenzie Commercial Real Estate Services LLC.

WILMINGTON, DE-The city's Market Street area is beginning to regain some of its long lost luster now that retailers are lining up to occupy space in the new 140,000-sf Ships Tavern District mixed-use development.

WASHINGTON, DC-The Real Estate Roundtable reaches out to the Federal Reserve Board to convey concerns about Basel II--rulemaking that would institute updates to international regulations controlling capital adequacy for financial institutions.

BALTIMORE-An $80 million cancer research facility is in the works at Johns Hopkins University's School of Medicine now that Clark/Smoot has started building the 270,000-sf laboratory and office structure.

WASHINGTON, DC-Cushman & Wakefield is focusing its attentions on the multifamily market more intently with the hiring of industry veteran Keith Misner in the role of senior managing director for the firm's multifamily division.