FREDERICK, MD-The 117,800-sf office facility at 110 Thomas Johnson Dr. gets snapped up in a $17-million sale-leaseback deal. The class A building occupies a 21.5-acre parcel capable of accommodating the development of an additional 80,000 sf of office space.

WASHINGTON, DC-A new joint venture involving RCP Development Co. and Citigroup Property Investors kicks off with plans to invest $100 million in projects in the Washington, DC Metropolitan area. The partnership will focus predominantly on multifamily and mixed-use projects.

VIENNA, VA-The office and warehouse property at 801 Follin Lane comes under new ownership with a joint venture's acquisition of the 227,000-sf complex. Located off the Capital Beltway, the two-building property last sold for $11.5 million three years ago.

WASHINGTON, DC-The 156,000-sf office structure at 2021 K St. NW sells in a transaction valued at $70 million. The class A facility is fully leased, predominantly to medical tenants, and last changed hands three years ago in a $42.9 million deal.

LEESBURG, VA-Westchester at Stratford Farm, a 300-unit apartment community near Washington Dulles International Airport, sells in a transaction valued at $65 million. The new owner plans to convert the one-year-old multifamily property to a condominium.

ROCKVILLE, MD-Ownership of Twinbrook Metro Plaza changes hands in a 1031 like-kind exchange transaction valued at $52 million. The 165,000-sf office facility, developed 22 years ago, last hit the market in 1998.

CHEVY CHASE, MD-Financing in the amount of $82.2 million wraps up for Chase Tower, a 248,400-sf office and retail property. The borrower is recapitalizing debt with the loan.

ROCKVILLE, MD-The St. Louis-based car rental company, which currently maintains its Mid-Atlantic regional headquarters in a smaller space just around the corner, will relocate to the 148,000-sf office building next spring.