FAIRFAX COUNTY, VA-The Burke Centre Shopping Center and the Franklin Farm Village Center reach maximum capacity by signing on tenants to occupy the centers' last remaining space.
GLEN ALLEN, VA-Saxon Mortgage Services Inc. didn't venture far from home in its search for a new headquarters. The company is relocating to a 33,000-sf space in a building near its current home in the Innsbrook Corporate Center.
BALTIMORE-The Emerging Technology Center @ Johns Hopkins Eastern readies for its fall debut as local officials observe the final leg of development of the 45,000-sf incubator. The third such incubator in the city will cost $6.7 million to complete.
WASHINGTON, DC-Affordable housing industry mover and shaker G. Allan Kingston gets bumped to the top of the National Housing Conference's leadership line, as the advocacy group gives him the chairmanship.
RICHMOND, VA-Dominion Resources Inc. sets up marketing operations in its new 60,000-sf Dominion Energy Clearinghouse building. The facility cost $28.5 million to develop and will house approximately 350 Dominion employees.
MCLEAN, VA-The 200,000-sf office structure at 8280 Greensboro Dr. welcomes a new tenant as software company Ariel Research signs on for 23,000 sf of space. For Ariel, the deal marks the company's relocation from Bethesda, MD, and an expansion in office space by 12,000 sf.
LORTON, VA-South County High School is on schedule to open its doors in the fall of 2005, as construction gets underway on the 386,000-sf facility this month. The school will cost $64 million to develop and accommodate up to 2,200 students.
HERNDON, VA-In a whopping $71 million transaction, Corporate Office Properties Trust acquires the 405,000-sf Waterview I office tower to enhance its portfolio.
CHESAPEAKE, VA- Visteon Corp. wraps up development of its new $17 million plastic fuel-tank manufacturing plant. The 73,000-sf facility sits in the Crossways Commerce Center I, which is within close proximity to its client Ford Motor Co. in Norfolk, VA.
MCLEAN, VA-Capital Automotive REIT made purchases totaling $83 million during the first quarter of 2003, nearly $30 million more than the Capital Automotive's real estate purchases for the fourth quarter of 2002.