WASHINGTON, DC-Paramus, NJ-headquartered Vornado Realty Trust snaps up H Street Building Corp. in a deal valued at approximately $246.6 milllion. H Street boasts partial ownership of a stable of real estate assets here and in Pentagon City, VA.
WASHINGTON, DC-The 301-room hotel most recently known as the Radisson Barceló is the first purchase for the newly developed Kimpton Hospitality Partners LP fund. The property will undergo a $32-million renovation and emerge as the Hotel Palomar early next year.
DULLES, VA-The four-year-old office structure known as Loudoun County IV jumps from the Alter Group's office portfolio to Columbia Equity Trust. The 103,000-sf office facility, one of a handful of office buildings in the Loudoun Gateway Corporate Center, is fully leased to America Online Inc.
WASHINGTON, DC-Two days in a row of hearings on the US Department of Defense's 2005 Base Realignment and Closure recommendations result in plenty of questions and explanations with regard to the base selections, as well as the BRAC Commission's vote to add more bases to the list.
WASHINGTON, DC-Two days in a row of hearings on the US Department of Defense's 2005 Base Realignment and Closure recommendations result in plenty of questions and explanations with regard to the base selections, as well as the BRAC Commission's vote to add more bases to the list.
VIENNA, VA-A financing deal valued at $20 million is put in place for the 98,600-sf office building at 8619 Westwood Center Dr. The borrower is now in possession of a 10-year fixed-rate loan on the fully occupied property, which is located in the Tysons Corner submarket.
ROCKVILLE, MD-Ground breaks on Legacy at Lincoln Park a 60-unit development of townhouses and single-family homes that is replacing the former Lincoln Terrace Apartments public housing facility.
SUITLAND, MD-The $335-million headquarters for the US Census Bureau moves closer to completion at the Suitland Federal Center. All work on the two-phase endeavor is expected to wrap up by the end of March 2007.
WASHINGTON, DC-Artefacto, a Brazilian home furnishings retailer, comes to the District with a commitment to 16,000 sf of space at 3333 M St. NW in Georgetown. The space accounts for about half of the 30,700-sf building, which is also home to a design firm.
