BALTIMORE, MD-T. Rowe Price has signed a 29,564 sf lease expansion for the Baltimore Building for an undisclosed amount. This brings the 272,178 sf, 28-story office tower to 100% occupancy.
BALTIMORE, MD-T. Rowe Price has signed a 29,564 sf lease expansion for the Baltimore Building for an undisclosed amount. This brings the 272,178 sf, 28-story office tower to 100% occupancy.
WASHINGTON, DC-A March 2 deadline for public comments has been imposed by the Federal Reserve Board for its proposal that, if adopted, would allow national bank subsidiaries to broker real estate transactions.
TYSONS CORNER, VA-In a joint venture, Chicago-based Walton Street Capital and Atlantic Realty of Tysons Corner, the 440,000 sf Tycon Courthouse Buildings was purchased for an undisclosed amount. The courthouse is fully tenanted.
Hyattesville, MD-Prince George's Metro Center, a million-plus-sf office complex, leased 16,000 sf to the Univeristy of Maryland University College. UMUC will be located in the same building with Prince George's Community College.
WASHINGTON, DC-Despite the economic slowdowns, the nation's office vacancy rate declined for the sixth consecutive quarter, according to a Grubb & Ellis Market Report. Rental rates continue rising and new construction is also up.
WASHINGTON, DC-According to the National Association of Realtors, though home sales will be down this year and should decline next year as well, overall, indicators show a soft landing is in store for the 2001.
FARMINGTON HILLS, MI-McLean, VA -based Reilly Mortgage Group recently closed on a $6 million loan package for a 120-unit townhouse project here. The Fannie Mae DUS loans features a 7.47% interest rate with a 10-year term and 30-year amortization.
Washington, DC-The new officers of the Society of Industrial and Officer Realtors take office in January 2001. Stephen F. Blau of GMH Capital Partners is its new president.
WASHINGTON, DC-A definitive agreement for MeriStar to merge into American Skiing, forming Doral International Inc. was signed Dec. 11. If approved, the new company's assets will exceed $1.2 billion.