WASHINGTON, DC-The 136,000-sf building at 1100 15th St. has changed ownership from the Monument Fund to a group of private investors in a $20-million deal. Pharmaceutical Research and Manufacturers' Association and offices of the Washington Post occupy 70 % of the 97%-leased structure.
FREDERICK, MD-Giant Eagle grocery store moves into the 52,000-sf space at the Frederick Shopping Center that formerly housed County Market. The retail plaza remains leased to full capacity.
GERMANTOWN, MD-270 Corporate Center, the four-building office park of class A space, sells for $54 million to BP 270 LLC. Comprising 450,000 sf, the structures were built in phases over about a 10-year period from the mid-1980s to the mid-1990s.
WASHINGTON, DC-The Mortgage Bankers Association of America offers its commendation to Rep. Marge Roukema (R-NJ) for introducing the Housing Affordability for America Act of 2002.
WASHINGTON, DC-The $150 million Class A building at 901 New York Ave. will finally get under way now that developer Boston Properties has signed law firm Finnegan Henderson Farabow Garrett & Dunner to a 250,000-sf lease of office space in the proposed 538,000-sf structure.
FALLS CHURCH, VA-All 70,900 sf of the 18-year-old The Corner at Seven Corners shopping center sells in an $11.9-million transaction. Owner Terranomics Development succeeded with the help of Marcus & Millichap Real Estate Investment Brokerage Co.
FALLS CHURCH, VA-All 70,900 sf of the 18-year-old The Corner at Seven Corners shopping center sells in an $11.9-million transaction. Owner Terranomics Development succeeded with the help of Marcus & Millichap Real Estate Investment Brokerage Co.
CHANTILLY, VA-General Dynamics Government Systems Corp. stays on at the Washington Technology Park at 15000 Conference Center Dr. with the renewal of its lease on 60,000 sf of space in the 470,400-sf class A office structure.
RICHMOND, VA-Multifamily REIT United Dominion Realty Trust, Inc. closes on a $72 million Freddie Mac revolving credit facility, and then sells 3 million shares for a $42.3 million profit.
RICHMOND, VA-Multifamily REIT United Dominion Realty Trust, Inc. closes on a $72 million Freddie Mac revolving credit facility, and then sells 3 million shares for a $42.3 million profit.