WASHINGTON, DC-Turner Construction Co. is finally in place for the long-awaited construction of the US Patent and Trade Office's new 2.6 million-sf office complex in Alexandria, VA. The project is due to be completed in June 2005.
WASHINGTON, DC-400 Virginia Avenue Southwest, a 216,000-sf office building in the Capitol Hill area, sells for $52 million. A small parcel at 472 Virginia Avenue SW nearby was also part of the deal.
ANNE ARUNDEL COUNTY, MD-Although deal terms are kept hush-hush, two Fortune 500 companies sign leases for space totaling 66,00 sf in Class A buildings at 1304 Concourse Drive and 201 National Business Parkway.
HERNDON, VA-The 201,000, four-story building known as Presidents Park I will not be home to the World Bank's backup location after all, but the building's high-tech infrastructure is suddenly attracting a list of interested tenants.
COLUMBIA, MD-Domain Home Fashions of Norwood, MA opens a new 4,400-sf store in The Mall in Columbia. The opening is part of the company's expansion plan that would create 40 new stores across the country by 2004.
BALTIMORE, MD-Johns Hopkins Bayview Research Campus's 101,400-sf Triad Technology Center sells in a $21.5 million deal. Wolverine Holdings Corp. takes on ownership of the 14-year old laboratory building.
WASHINGTON, DC-The 18-year-old, 393,000-sf office structure at 1615 L St. sells to Silver Spring, MD's Halle Cos. MGP Real Estate shed the asset as part of its expansion into the office and warehouse markets.
SPRINGFIELD, VA-The Fairfax County Economic Development Authority leases 7,300-sf at 7001 Loisdale Road for its new bioinformatics/biotech incubator--the first in the northern Virginia region.
WASHINGTON, DC-The National Building Museum and Turner Construction Company join in the creation and presentation of the Henry C. Turner Prize for Innovation in Construction Technology, which will be awarded to World Trade Center structural engineer Leslie E. Robertson.
QUANTICO, VA-Fentress Bradburn Architects of Denver, CO is chosen to design the $80 million National Museum of the Marine Corps. Groundbreaking for the 120,000 sf project is scheduled for April 2003.