WASHINGTON, DC-The Real Estate Roundtable calls on the White House to follow the real estate industry's lead in engaging public-private partnerships to facilitate energy conservation around the country. RER's letter to Bush outlines the industry's successes.
WASHINGTON, DC-The Real Estate Roundtable calls on the White House to follow the real estate industry's lead in engaging public-private partnerships to facilitate energy conservation around the country. RER's letter to Bush outlines the industry's successes.
OWINGS MILLS, MD-The original construction loan for the development of Atrium Village, a 262-unit senior living community, gets paid off with the closing of a $38.5-million financing transaction. The borrower will repay the development partners for the original loan.
BALTIMORE-Electric Motor Repair Co. commits to 41,700 sf of space at the 84,200-sf industrial property. EMR's lease on the space is for a 10-year term.
ARLINGTON, VA-Development kicks off for Townes of Shirlington, a mixed-use development involving 12 townhomes and 5,800 sf of retail space. Developer Seisin LLC will spend $8 million to complete the project.
BOWIE, MD-Work gets under way on Bowie Corporate Center, a 126,000-sf office property near the Bowie Town Center shopping mall. Development of the class A office building, which will cost $25 million to complete, is scheduled to wrap next August.
WASHINGTON, DC-The US Senate passes the Terrorism Risk Insurance Extension Act of 2005. The legislation calls for the Terrorism Risk Insurance Act of 2002 to be extended for two years beyond its scheduled expiration date of Dec. 31, 2005.
WASHINGTON, DC-The US Senate passes the Terrorism Risk Insurance Extension Act of 2005. The legislation calls for the Terrorism Risk Insurance Act of 2002 to be extended for two years beyond its scheduled expiration date of December 31, 2005.
LARGO, MD-The leasing program at Inglewood Business Park will get a boost with funds attained through the $43.3 million refinancing of the 536,200-sf office/flex property. The loan also allows the borrower to take advantage of lower interest rates.
FREDERICK, MD-MedImmune Inc. reveals plans to expand its site here with the addition of a 379,000-sf manufacturing facility. Construction of the building, which will cost $250 million to complete, will constitute the first of a four-phase development endeavor on the property.