BETHESDA, MD-The 16-year old, 270,000-sf Artery Plaza secures $49 million in financing here . Built in 1986, Artery Plaza is a class A office and retail property.
SILVER SPRING, MD-Gold's Gym takes on 27,000-sf in the City Place Mall and will open the franchise by early fall of this year. JGB Rosenfeld Retail represented the tenant in the 10-year lease.
FAIRFAX, VA-A new Hilton Garden Inn opens, offering 149 rooms and about 6,000 sf of meeting room space. The endeavor cost just over $15 million, and takes the list of Hilton Garden Inn brand hotels in the US over the 125 mark.
FAIRFAX, VA-A new Hilton Garden Inn opens, offering 149 rooms and about 6,000 sf of meeting room space. The endeavor cost just over $15 million, and takes the list of Hilton Garden Inn brand hotels in the US over the 125 mark.
WASHINGTON, DC-The $144 million, 400-room Mandarin Oriental Hotel will offer 8,300 sf of meeting space and will sit in close proximity to the city's new convention center, which is expected to open next year.
RICHMOND, VA-The 23,700-sf structure that houses the local US Drug Enforcement Agency office sells for $2.25 million. The Class B building, built in 1989, was once home to the local Federal Bureau of Investigation office.
HERNDON, VA-The data center at 544 Herndon Parkway sells in a $19.5-million transaction. Freddie Mac buys the 110,000-sf building from Goldman Sachs Whitehall Fund and will occupy the entire structure.
WILMINGTON, DE-The Rollins Building sells to The Buccinini/Pollin Group after being in possession of Penske Truck Leasing for less than two months. Space on the upper floors leases for about $35 per-sf.
RICHMOND, VA-A downtown site at the corners of Broad and Seventh streets, and Grace and Eighth streets is to be the home of the new $95-million courthouse. The US General Services Administration in Philadelphia chose the spot for the 280,000-sf structure after consulting with a bevy of community organizations.
WASHINGTON, DC-The Mortgage Industry Standards Maintenance Organization is circulating for review its Commercial Working Group's Exposure Draft of the Originations Data Dictionary, a document intended to streamline the mortgage origination process by defining all the relevant data elements.