HYATTSVILLE, MD-Finfrock Design-Manufacture-Construct, Inc. of Florida signs on to a design-build agreement for the 1,500 car Prince George's Metro Center parking garage. The company expects construction costs for the six-level, 445,000, sf structure to be about $15 million.
ALEXANDRIA, VA-Animators at Law and Animators.com double their office space with a move into the high-tech wired building at 814 King St. in Old Town Alexandria. The company will occupy 4,800 sf, an entire floor of the 18,000-sf building.
YORKTOWN, VA-The UK-based oil company sells its 600-acre crude oil refinery to Scottsdale, AZ's Giant Industries, Inc. for a whopping $127.5 million; a figure that does not include the additional $42 million Giant will pay for the facility's contents. An Amoco Corp. property until BP's acquisition of the company in 1999, the refinery is the only one in the entire state of Virginia.
RESTON, VA-The 165,000-sf Plaza America Retail Center brings its tenancy to maximum capacity with Baja Fresh Mexican Grill's leasing of nearly 2,200-sf of space for its new restaurant. The current market rate for space at the retail complex is between $34 and $40 per-sf.
CHARLESTON, WV-Hagerstown, MD's Allegheny Energy exchanges 12,000 acres of wetlands for $16 million in a deal with the US Fish & Wildlife Service. The property--valued at $32 million--will become part of the eight-year-old Canaan Valley National Wildlife Refuge.
WASHINGTON, DC-The National Association of Realtors is trying to garner more support for the Community Choice in Real Estate Act by placing ads in the hometown newspapers of various congressional members. The legislation would prevent banking conglomerates from selling and managing real estate.
WASHINGTON, DC-Hillel: The Foundation for Jewish Campus Life has purchased the 45,000-sf building at 800 Eighth St. and is renovating the structure, all for an estimated $18 million. The building is to serve as Hillel's new headquarters.
ROCKVILLE, MD-Crimson Partners sells the Campus at Metro Park North office complex for $30 million to Butera Properties. Accounting for 189,000 sf of class A office space, Metro Park North offers four single-story buildings at the center of the I-270 Technology Corridor.
CAPITOL HEIGHTS, MD-Hampton Overlook office/flex space complex and Hampton South Business Centre warehouse sell for a combined $12.4 million to AFL-CIO Building Investment Trust.
WASHINGTON, DC-Construction engineers for the refurbishment of and addition to the E. Barrett Prettyman US Courthouse building are now in place with the General Services Administration's selection of Pasadena, CA's Jacobs Engineering Group, Inc. for the job. The upgrade and construction of the new 351,500-sf annex constitute a $100 million project.