CHANTILLY, VA-The Alter Group announces plans to develop a new office complex near the Washington Dulles Airport. The Crossroads at Westfields will sit on 18 acres within Westfields Corporate Center and will feature 300,000 sf of class A office space in two buildings.
CHANTILLY, VA-The Alter Group announces plans to develop a new office complex near the Washington Dulles Airport. The Crossroads at Westfields will sit on 18 acres within Westfields Corporate Center and will feature 300,000 sf of class A office space in two buildings.
ROCKVILLE, MD-Rockville Corporate Center gets snapped in a $43.3-million sale-leaseback transaction between Corporate Office Properties Trust and tenant Celera Genomics. The two-building, 221,700-sf office property also features a 9.7-acre parcel that can be developed to accommodate as much as 215,000 sf of space.
WASHINGTON, DC-A $13-million construction loan from Provident Bank is put in place for the development of Woodson Heights, a 106-unit affordable housing complex. The project will allow AmeriDream Inc. to replace a 11-struture development with the new residences.
ABERDEEN, MD-Plans for the development of a $65-million mixed-use complex next to Ripken Stadium move forward with developer Nottingham Properties' acquisition of a 46-acre parcel. The complex will center on a sports theme and will feature retail, entertainment and a residential component.
WASHINGTON, DC-A $16.5-million financing package closes for Faircliff Plaza West, a 112-unit affordable housing community. The funds will be used to rehabilitate the property, which sits on Euclid Street NW in a neighborhood that is currently part of a revitalization effort.
WASHINGTON, DC-The Society of Industrial & Office Realtors establishes the Advisory Board, an internal group of experts that will analyze the association's offerings and determine how the members can better serve their clients. The board will also focus on increasing recognition of the association's certification brand.
BETHESDA, MD-The final closing of RLJ Development LLC's RLJ Urban Lodging Fund LP closes with $315 million in equity funds and $900 million in purchasing power. The private equity fund, a first for the development company, will focus on the acquisition and development of upscale hotel properties.
BETHESDA, MD-The final closing of RLJ Development LLC's RLJ Urban Lodging Fund LP closes with $315 million in equity funds and $900 million in purchasing power. The private equity fund, a first for the development company, will focus on the acquisition and development of upscale hotel properties.
OWINGS MILLS, MD-A $15.7-million refinancing package closes for the 137,100-sf office building at 800 Red Brook Blvd. Developed just three years ago as part of the Red Brook Corporate Center, the class A building counts financial services firm Euler Hermes ACI as its lead tenant.
