LAUREL, MD-The new owner of the 424-unit multifamily community, which sits on 21 acres off the Baltimore Washington Pkwy., plans to submit the property to a renovation.
WASHINGTON, DC-The Terrorism Risk Insurance Act of 2002, which is due to expire Dec. 31, will get a lot of attention on the Hill today as secretary of the US Department of the Treasury John W. Snow testifies before the US House of Representatives' Committee on Financial Services this afternoon.
WHITE OAK, MD-Construction for the US Department of Food and Drug Administration's Center for Drug Evaluation and Research Office Building wraps up at the Federal Research Center. The 551,000-sf multi-wing structure marks the second phase of the FDA's sweeping 3.1-million-sf office consolidation plan.
HERNDON, VA-Network Solutions takes on 90,400 sf of office space for its headquarters at 13861 Sunrise Valley Dr. in the three-structure Presidents Park. The company's commitment to the 201,000-sf class A facility is for a seven-year term.
ALEXANDRIA, VA-The US Army Test and Evaluation Command takes a 10-year renewal on 99,200-sf space at the Ford Building, a 235,000-sf class A office property.
BETHESDA, MD-The National Institutes of Health will stay put at Two Rockledge Centre, signing a 10-year lease renewal for the entire 247,100-sf office building. NIH extends its commitment to the space in the nearly 20-year-old building at a rate of $28.75 per-sf.
BETHESDA, MD-The National Institutes of Health will stay put at Two Rockledge Centre, signing a 10-year lease renewal for the entire 247,100-sf office building. NIH extends its commitment to the space in the nearly 20-year-old building at a rate of $28.75 per-sf.
ROSEDALE, MD-A deal for 41,700 sf of flex space at 9100 Yellow Brick Rd. paves the way for Electric Motor Repair Co.'s relocation from Baltimore. The lease accounts for nearly half of the 84,200-sf building.
WASHINGTON, DC-The Washington, DC area office of real estate services firm Cushman & Wakefield brings in James M. Underhill to serve as executive managing director. Underhill, the founder and one-time president of the Staubach Co.--Northeast, comes to Cushman & Wakefield from Underhill Properties, which he founded in 2003.
FAIRFAX, VA-Leasing activity at the 66,800-sf office facility at 3930 Pender Dr. is now being handled by Cassidy & Pinkard, The building is presently completely vacant and ready for immediate occupancy.
