HERNDON, VA-Tishman Speyer begins constructing three spec office properties, the 184,000-sf Woodland Pointe here and the two-building 246,000-sf Plaza East in Chantilly. The class A facilities are scheduled for completion in May 2007.

ROCKVILLE, MD-CapStar Commercial Realty president John Lin shares his thoughts with GlobeSt.com about why the market will most likely remain strong for the Metropolitan Washington, DC region.

FREDERICK, MD-Prince William Hospitality Investors LLC takes title to the Hampton Inn Frederick for $12.4 million. The 161-room hotel last changed hands in 1991 for $3.6 million.

ROCKVILLE, MD-The American Speech-Language-Hearing Association moves forward with the development of its new headquarters. A ground breaking on the 134,000-sf building will be held next week. The building should be completed by October 2007.

WASHINGTON, DC-Smithsonian officials announce plans to submit the 750,000-sf National Museum of American History to a major renovation. The project, which includes the construction of a new gallery for the Star-Spangled Banner, will cost $85 million to complete.

WASHINGTON, DC-Home furnishings chain West Elm makes plans to open its largest US shop with the signing of a lease for 37,000 sf in the 470,000-sf, mixed-use Woodies Building in Downtown DC.

WASHINGTON, DC-Home furnishings chain West Elm makes plans to open its largest US shop with the signing of a lease for 37,000 sf in the 470,000-sf, mixed-use Woodies Building in Downtown DC.

LANHAM, MD-The $13.3-million acquisition of two Suburban Maryland office properties in two separate transactions closes, leaving Asset Capital Corp. Inc. as the new owner. The buildings, which account for a total of 90,600 sf, are located here and in Laurel, MD.