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WASHINGTON, DC-The 227,809-sf, class A building will be Shorenstein's fifth property in the District.
ARLINGTON, VA-The new firm plans to focus on sale-leaseback transactions with government and nonprofit agencies.
MCLEAN, VA-The eight-person firm, which began in the middle of last year, has deployed $52 million in capital so far.
BALTIMORE-The owners subdivided the property in order to sell one of the buildings.
Nine months ago, it looked like the real estate capital markets had stabilized after the previous years' frenetic activity. Within the past six months, though, activity is picking up again and lending is more aggressive, especially on office space.
FALLS CHURCH, VA-This submarket has among the lowest vacancy rates in Northern Virginia.
TYSONS CORNER, VA- Spence Hill Associates arranges a $13.5-million loan for the deal.