CHANTILLY, VA-A group of seven office buildings in the 19-structure Avion Business Park becomes the sole property of Advance Realty Group. The company acquires its joint venture partner's 90% interest in the portfolio. The purchase price--local experts tell GlobeSt.com--is approximately $135 million.
CHANTILLY, VA-A group of seven office buildings in the 19-structure Avion Business Park becomes the sole property of Advance Realty Group. The company acquires its joint venture partner's 90% interest in the portfolio. The purchase price--local experts tell GlobeSt.com--is approximately $135 million.
HAMPTON, VA-Berkshire Income Realty takes the 282-unit apartment property off the hands of Lake Ridge Apartments LLC for $34.4 million in cash. The property is located off Interstate 64 at the entrance to the Hampton Roads region.
ARLINGTON, VA-The closing of a $128-million bridge financing deal facilitates the acquisition of Clarendon 1021, a 419-unit condominium building in the submarket of Clarendon.
ARLINGTON, VA-The closing of a $128-million bridge financing deal facilitates the acquisition of Clarendon 1021, a 419-unit condominium building in the submarket of Clarendon.
DULLES, VA-Decking material manufacturer Trex Co. Inc. forsakes the Frederick County area for Loudoun County as it signs a lease for a new home at the Corporate Office Park at Dulles Town Center. The company will relocate its corporate operations to an 81,000-sf space in the 185,000-sf building.
WASHINGTON, DC-The General Services Administration will lose Public Buildings Service Commissioner, F. Joseph Moravec, four years following his appointment to the post. Moravec is planning a return to life in the public sector and will leave his position on August 1.
WASHINGTON, DC-The General Services Administration will lose Public Buildings Service Commissioner, F. Joseph Moravec, four years following his appointment to the post. Moravec is planning a return to life in the public sector and will leave his position on August 1.
WASHINGTON, DC-Ground breaks on Anacostia Gateway, a 63,000-sf office structure with ground-level retail in the District's Anacostia neighborhood, which is currently being revitalized. The $19-million, class A building marks the first commercial development in the area in the last 15 years.
WASHINGTON, DC-Ground breaks on Anacostia Gateway, a 63,000-sf office structure with ground-level retail in the District's Anacostia neighborhood, which is currently being revitalized. The $19 million, class A building marks the first commercial development in the area in the last 15 years.
