BETHESDA, MD-Locally based First Potomac Realty Trust snaps up Prosperity Business Center and Owings Mills Business Center, industrial properties located in Northern Virginia and Suburban Maryland. The sale price was $17.5 million.

WASHINGTON, DC-Maritime Plaza I & II, two class A office buildings totaling 345,600 sf, trade in a deal valued at $115 million, sources tell GlobeSt.com. The two-building complex, completed in 2003, last changed ownership early in 2004 in a $92-million transaction.

WASHINGTON, DC-Maritime Plaza I & II, two class A office buildings totaling 345,600 sf, trade in a deal valued at $115 million, sources tell GlobeSt.com. The two-building complex, completed in 2003, last changed ownership early in 2004 in a $92-million transaction.

FAIRFAX, VA-Financing to the tune of $15 million has been put in place for Redwood I and II, two class A office buildings totaling 165,000 sf. The borrower will use the funds to add a 43,000-sf office structure to the two-building complex.

EDGEWOOD, MD-The 602,500-sf warehouse at 1701-1709 Trimble Rd. sells in a $21.3-million deal. The industrial property, formerly the Mid-Atlantic distribution center of San Francisco-based clothing store chain the Gap Inc., includes 125 acres of developable land near I-95 in suburban Baltimore.

ALEXANDRIA, VA-A financing package in the amount of $25 million is put in place for the 156-room Hampton Inn in the Old Town section of the city. The funds will be used for the construction of a 41,500-sf addition that will include an additional 57 suites.

WASHINGTON, DC-The US House of Representatives passes the Private Property Protection Act of 2005. The bill counters the US Supreme Court's June decision on the subject by disallowing the federal government from ceasing property for private development endeavors, and by financially penalizing lower level government entities that do.

WASHINGTON, DC-The US House of Representatives passes the Private Property Protection Act of 2005. The bill counters the US Supreme Court's June decision on the subject by disallowing the federal government from ceasing property for private development endeavors, and by financially penalizing lower level government entities that do.