SPRINGFIELD, VA-The two-building Fullerton Square business park will get a new tenant as the General Services Administration signs a lease for 23,186 sf of office space. Advantis Real Estate Services Company secured the deal.
BELTSVILLE, MD-Makeup company Mirage Cosmetics Inc. purchases a new headquarters building for $2.2 million. The 34-year old industrial structure is nearly 51,000 sf and was previously owned by Duron Paints & Wallcoverings.
ROCKVILLE, MD-Metro Park North--a 17-building property housing 905,000 sf of office and flex space in the I-270 Corridor--changes hands from one California real estate firm to another, as PS Business Parks purchases the complex in a $127 million deal. Seller GIC Realty finally unloads the property after two failed attempts earlier this year.
GERMANTOWN, MD-Science Applications International Corp. renews the lease on its long-held space at 20201 Century Blvd. The company occupies 51,137 sf of a structure in the 270 Corporate Park office building complex.
WASHINGTON, DC-Starbucks inks a deal to open in Woodley Park at 3000 Connecticut Ave., the former home of the Animal Cracker Cafi. The 1,700-sf shop will open across the street from the National Zoo in early 2002.
ROSSLYN, VA-After helping Laurel Consulting Group, Inc. evaluate current area vacancies, Newmark & Company Real Estate, Inc. facilitates the company's renewal of its current space at 1815 North Fort Myer Dr.
BALTIMORE, MD-The County Council has voted to sell five properties in hopes of raising about $6 million in cash. The sites cover a total of 20 acres and range in value from approximately $3 million to $4,700.
BALTIMORE, MD-Latitude 360 moves its headquarters to bwtech@UMBC, the newly developed research and technology park at the University of Maryland, Baltimore County.
WASHINGTON, DC-According to the Food Marketing Institute's The Facts About Store Development 2001 report, the country's supermarkets decreased in size in 2000, but increased in number from the previous year.
DULLES, VA-Knowledge-enabled software solutions provider SER Solutions, Inc. settles into its new US headquarters in the Loudoun Tech Center. The 35,000-sf space will house offices as well as the company's Knowledge Center software-demonstration space.