WASHINGTON, DC-A 16,000-sf parking lot will become the home of a new luxury apartment building with Monument Realty's purchase of the property from Eastern Enterprises for $3.95 million.

RICHMOND, VA-LandAmerica Default Services--a new division of LandAmerica Financial Group, Inc.--is poised to make its debut. The new office is designed to help clients with default services, real estate owned management and reconveyance processing.

MCCLEAN, VA-The 2.1 million-sf Tysons Corner Center shopping mall has a possible buyer in Rochester, New York-based Wilmorite Inc. for as much as $525 million. The 34-year-old mall property, currently owned by the Alaska Permanent Fund, offers 230 retail outlets, an office building, and a parcel of undeveloped land.

WALDORF, MD-Developers of the St. Charles planned community sell 5.6 acres in Piney Reach Industrial Park to Jimmy Richards and Sons Excavating.

MCLEAN, VA-Sunrise Assisted Living, Inc. gets together with Deutsche Bank's DB Real Estate to form a joint venture for the purpose of acquiring as much as $200 million worth of senior facilities across the United States.

SPRINGFIELD, VA-In a $5.7 million deal, the Springfield/Newington Industrial Center becomes the property of Bristol Capitol. Lend Lease Real Estate Investments is the previous owner of the 107,249-sf industrial and warehouse facility.

WASHINGTON, DC-The National Association of Homebuilders is celebrating a win with the Housing and Urban Affairs Department's decision to reduce mortgage insurance premiums on new apartments from 80 basis points to 57.

STERLING, VA-SimplexGrinnell signs a lease for 23,787-sf of space in one of the five structures that make up the Airport Commerce Center @ Dulles. The going rate for space in the 22712 Commerce Center Court building is $6.75 per-sf, triple net.