RICHMOND, VA-The $82 million mixed-use project known as Riverside on the James takes a step closer to realization, as invited guests step out for a private groundbreaking ceremony.
SOUTH BRIDGE, VA-Another new Wal-Mart is on the way to Virginia as the retail chain's real estate arm purchases a 23-acre parcel of land to accommodate what will ultimately be a 135,000-sf Wal-Mart Supercenter store.
ROCKVILLE, MD-Social and Health Services Ltd. relocates to a larger space within the four-structure Woodglen Park office complex. The firm will occupy 40,700 sf of space in the park's four-story building at 11420 Rockville Pike.
WASHINGTON, DC-Occupancy in the class A office structure at 1701 Pennsylvania Ave. reaches 97% as law firm Bruder, Gentile & Marcoux signs on for more than 12,000 sf in the 12-story, 187,000-sf tower. Bruder Gentile is relocating its offices from 1100 New York Ave.
WASHINGTON, DC-Government contractor Northrop Grumman renews its commitment to office space at 475 School St. with the recent signing of a new lease agreement for the five-story building.
WOODBRIDGE, VA-The Worth Ave. Technology Center, a 184,000-sf R&D/warehouse structure in the Potomac Mills Mall, brings in $23.5 million in a deal between seller Macfarlan Real Estate Investment Management and buyer Argus Realty Investors LP.
RICHMOND, VA-Stony Point Fashion Park is not scheduled to officially open until September, but leasing for specialty retail space in the $120 million upscale shopping center is already at 90%. Approximately 300,000 sf of the 690,000-sf open-air mall is designated for specialty retail occupants.
FALLS CHURCH, VA-The Crossroads Shopping Center makes a portfolio move as real estate investment advisor RREEF purchases the 395,000-sf retail property from Bart Eisner- and Mark Solomon-directed entities for $80.5 million.
ROCKY MOUNT, VA-MW Manufacturers Inc. makes a move to accommodate expansion of its Lineal Technologies division with the $4.7 million relocation to a 100,000-sf facility.
MCLEAN, VA-Computer & Hi-Tech Management Inc. saves a bundle as it renews and expands its lease on office space in the building at 7926 Jones Branch Dr. The information technology firm consolidates three separate leases into one 18,000-sf package deal.