WASHINGTON, DC-Ownership of a boutique hotel property changes hands as LaSalle Hotel Properties takes the trendy 139-room locale off the hands off the Amerimar Enterprises for $24.1 million.
BALTIMORE-Longtime tenant Tomlinson Craft Collection decides to renew its lease by eight years and expand its occupancy by 900 sf to 2,300 sf at the Rotunda, a 215,000-sf mixed-use property.
BALTIMORE-Building number two, a 60,000-sf structure, prepares to rise up at the 41-acre bwtech@UMBC Research and Technology Park, a development project of Grosvenor. The new building will cost $9 million to build.
RICHMOND, VA-The 690,000-sf Stony Point Fashion Park greets a slew of shoppers undeterred by Hurricane Isabel at the property's grand opening. Developer Taubman Centers Inc. spent about $120 million on the shopping center.
WASHINGTON, DC-An Ibbotson Associates study commissioned by the National Association of Real Estate Investment Trusts reveals that including REIT and direct real estate holdings in investment portfolios is a good idea.
WASHINGTON, DC-The District, a veritable cornucopia of museums, is preparing to welcome a new arts facility as the Federal City Council selects a founding board for the proposed National Music Center and Museum.
WASHINGTON, DC-The District goes Hollywood again with a nearly 14,000-sf office space at 1350 Eye St., serving as the fictional home for the new HBO series, "K Street.
NORTHERN VIRGINIA-As Dominion Valley Market Square and South Riding Market Square--two mixed-use developments in new master-planned communities--prepare to go up, Giant Food stakes its claim by pre-leasing gourmet grocery store spaces of 60,000 sf at each property.
BALTIMORE-Colliers Pinkard keeps on top of the Mid-Atlantic market with a series of promotions and appointments at its Baltimore and North Carolina offices.
COLLEGE PARK, MD-With a vacancy left open by McDonald's exit, CVS increases its space from 10,000 sf to 12,000 sf at College Park Shopping Center. The 50-year-old, 90,000-sf retail center has long been leased to maximum capacity.