WASHINGTON, DC-The Senate Committee on Environment and Public Works hears testimony from representatives of housing organizations in support of two bills that back smart growth.
BALTIMORE, MD-Constellation Real Estate makes its exit from Corporate Office Properties Trust with the sale of 8.9 million shares. The transaction yields $107.2 million for Constellation, which had been the REIT's largest shareholder.
WASHINGTON, DC-Engineers, scientists and industry experts gathered to testify before the House Committee On Science about ways to design buildings to save more lives in the event of an attack, such as that on the World Trade Center's Twin Towers.
NEWARK, DE-California's Incyte Genomics, Inc. chooses the Stine-Haskell Research Center to house its first East Coast biotechnology research operation. The company could take on as much as 50,000 sf later this month.
SILVER SPRING, MD-WesTech Business Park gets a new tenant as Children's Hospital Center takes on 33,107-sf of space, nearly half the entire building at 12221 Plum Orchard Dr.
RESTON, VA-The final phase of New Dominion Parkway is complete, giving the Reston Town Center a new and easily accessible "front door." The project funded by Reston Town Center developer Terrabrook, cost nearly $3.3 million.
WASHINGTON, DC-Transwestern Commercial Services and Delta Associates choose DC Mayor Anthony Williams and real estate company Quadrangle Development Corporation as their public and private trendsetters of the year.
ASHBURN, VA-The Howard Hughes Medical Institute selects an architect to design its massive biomedical science center, temporarily called the Janelia Farm research campus. New York's Rafael Vinoly Architects will draw up the blueprints for the 750,000 sf of research labs, meeting space and housing units.
WASHINGTON, DC-In a deal valued at approximately $81 million, the yet-to-be-completed Class A office building at 601 New Jersey Ave. sells to Polinger Development. The Federal Trade Commission has already signed a 10-year lease worth more than $80 million.
WASHINGTON, DC-In a $6.2 million transaction, Washington Real Estate Investment Trust sells the industrial building at 1501 Capitol Street to a U-Haul International affiliate. Built in 1940, the structure offers 145,000-sf of space.