WILMINGTON, DE-A one million-sf, dual property retail portfolio lands in the lap of Long Island-NY-headquartered REIT Acadia Realty Trust in a deal that will ultimately cost as much as $150 million. The package involves conjoined open-air retail destinations Brandywine Town Center and Market Square Shopping Center.
EDGEWOOD, MD-In a $3.8-million arrangement, the 107,000-sf industrial building at 2109 Columbia Park Rd. changes ownership. Located within Emmorton Business Park, the six-year-old structure occupies a 5.7-acre parcel and is 42% leased.
STAUNTON, VA-What was once the home of a Diebold Inc. manufacturing facility becomes the property of Industry Way LLC as the company acquires the 80,000-sf building in Green Hills Industrial Park for $2.3 million. Industry Way will use the 14-acre property for distribution activities by its subsidiary, Dr. Pepper of Staunton.
WILMINGTON, DE-A one million-sf, dual property retail portfolio lands in the lap of Long Island-NY-headquartered REIT Acadia Realty Trust in a deal that will ultimately cost as much as $150 million.
WASHINGTON, DC-Law firm Blank Rome LLC stakes a bigger claim in a 12-story building within the Watergate complex to house its staff, recently made larger by its acquisition of Dyer Ellis & Joseph PC. The firm will occupy a handful of floors accounting for 80,000 sf of space.
WASHINGTON, DC-After having joined forces to survey disclosure practices in mortgage-backed securities markets, the US Department of the Treasury, the Securities and Exchange Commission, and the Office of Federal Housing Enterprise Oversight release a study with suggestions for improvements.
WASHINGTON, DC-In the presentation of his FY 2004 national budget, President Bush brings some good news and some bad news to members of the construction industry, and the Associated General Contractors of America poise themselves to face down lawmakers on some sticking points.
WASHINGTON, DC-After having joined forces to survey disclosure practices in mortgage-backed securities markets, the US Department of the Treasury, the Securities and Exchange Commission, and the Office of Federal Housing Enterprise Oversight release a study with suggestions for improvements.
LANHAM, MD-The 4260 Forbes Blvd. hits the market less than two years after its development and sells for $7 million. The fully leased 55,000-sf single story office/R&D/distribution structure sits near US Rte. 50.
SPRINGFIELD, VA-In a $10.5-million transaction, the 138,000-sf Fullerton Industrial Center becomes the property of Washington Real Estate Investment Trust. The three-structure complex, will undergo about $212,000 in capital improvements.