MCLEAN, VA-This information services company already leased 47,000 sf in a separate building in the development. With the new lease, Datatrac now has 51 percent of the space in the two buildings of Lakeside.
WASHINGTON, DC-In a deal that nearly doubles the size of MeriStar's resort management portfolio, the company has signed an agreement to oversee management of lodging facilities at eight American Skiing resorts, with 3,423 units.
WASHINGTON, DC-A recent report by Grubb & Ellis details high vacancy rates, 39% nationwide. But the firm says the outlook is far from bleak. However, in this region, the pain is acute as space sits dormant and new construction is put on hold or abandoned altogether.
GERMANTOWN, MD-This local real estate firm plans nearly $13 million of renovations and improvements in order to lease the 353,800 sf of property in seven buildings on 56 acres.
ARLINGTON, VA-This developer of mega-retail destinations has hooked up with the sports network to develop parks targeting young action athletes. The first park will launch with a new Discover Mills to be completed in Atlanta in November, followed by Arundel Mills in the Baltimore area early next year.
WASHINGTON, DC-A few years ago, XM taking the lease at 1500 Eckington Place NE here was seen as a boon for new growth of tech companies in the neighborhood. While that scenario seems unlikely, the firm is working on a deal to purchase the building.
RICHMOND, VA-The new manager will have responsibility for crafting quarterly research reports on the metropolitan area and doing client-specific research.
WASHINGTON, DC-The two associations are joining forces to execute a program in private commercial office buildings around the country to provide early treatment for heart attacks.