HAVRE DE GRACE, MD-Work gets under way on Harbor Shops, a 100,000-sf retail property along Route 40 in Harford County. The first phase of the approximately $8-million development is on target to reach completion in the spring of 2006. The site will ultimately be home to about 14 retailers.

HAVRE DE GRACE, MD-Work gets under way on Harbor Shops, a 100,000-sf retail property along Route 40 in Harford County. The first phase of the approximately $8-million development is on target to reach completion in the spring of 2006. The site will ultimately be home to about 14 retailers.

PIKESVILLE, MD-Avalon Village Green, a 255-unit multifamily complex of townhomes and garden-style buildings, sells for $56 million. The rental property will be converted into a condominium development by the new owner.

WASHINGTON, DC-Fannie Mae announces changes at the top and reveals the discovery of more accounting discrepancies. Additionally, the mortgage lender confirms earlier estimates that its earnings restatements for the years 2001 through 2003 will total about $11 billion.

WASHINGTON, DC-Fannie Mae announces changes at the top and reveals the discovery of more accounting discrepancies. Additionally, the mortgage lender confirms earlier estimates that its earnings restatements for the years 2001 through 2003 will total about $11 billion.

WASHINGTON, DC-The 104,000-sf office building at 5151 Wisconsin Ave. holds onto its lead tenant, Fox Television Stations Inc. The network recommits to 74,700 sf under a 15-year lease agreement.

WASHINGTON, DC-The 104,000-sf office building at 5151 Wisconsin Ave. holds onto its lead tenant, Fox Television Stations Inc. The network recommits to 74,700 sf under a 15-year lease agreement.

CHANTILLY, VA-Commonwealth Centre, a 101-acre office park that is currently in the works at the Westfields International Corporate Center, sells for $41.8 million. The property can accommodate as much as two million sf of office development.