WASHINGTON, DC-The new owner of the historic "Blue Castle" building plans to redevelop the property for use by retail tenants. It is currently home to three schools.

WASHINGTON, DC-The new owner of the historic "Blue Castle" building plans to redevelop the property for use by retail tenants. It is currently home to three schools.

NEWPORT NEWS, VA-Plumbing and heating products distributor Wolseley plans to develop a 220,000-sf building to house its new North American headquarters. The project, which is scheduled for a 2007 delivery date, will cost an estimated $30 million to complete.

HUNT VALLEY, MD-The properties--10 of which are located here with the remaining six situated in Woodlawn--account for an aggregate 952,000 sf of space.

HUNT VALLEY, MD-The properties--10 of which are located here with the remaining six situated in Woodlawn--account for an aggregate 952,000 sf of space.

MCLEAN, VA-As part of its recently announced merger, Capital Automotive REIT gets a new investor. Acting on behalf of institutional investors, Prudential Real Estate Investors takes a $150 million stake in the automotive retail real estate specialty financing company.

HUNT VALLEY, MD-COPT picks up two Baltimore County office portfolios containing 21 properties and accounting for an aggregate one million sf. The company buys them from General Growth for $124.5 million.

HUNT VALLEY, MD-COPT picks up two Baltimore County office portfolios containing 21 properties and accounting for an aggregate one million sf. The company buys them from General Growth for $124.5 million.