WASHINGTON, DC-Southwest Washington landed a huge deal when the Federal Emergency Management Agency leased 310,000 sf in Potomac Center, becoming the anchor tenant for the $220 million project.
WASHINGTON, DC-A good economy didn't buoy MeriStar Hospitality Corp. very much, as it posted funds from operations of about $57.1 million for the third quarter, which remained flat compared to the same period a year ago.
WASHINGTON, DC-A Dutch pension fund is close to selling a four-year-old office building at 1900 K St. NW for close to $400 per sf. It would be one of the priciest sales in Washington this year.
ROCKVILLE, VA-A joint venture between Atlantic Realty Cos. and Foulger-Pratt Construction Inc. has broken ground on a five-story, 102,632-sf office building in Rockville, the latest project in the Shady Grove corridor.
VIENNA, VA-Chain Links Retail Advisors signed MyShoppingCenter.com to provide broadband connections and services to the properties it represents. Both say the retailers' broadband needs have been underserved.
WASHINGTON DC-HUD has embraced a newly published building code as the first legally acceptable way to comply with Federal regulations about disabled accessbility in apartments.
ROCKVILLE, MD-Washington Real Estate Investment Trust will issue notes worth $55 million to pay down its debts under its current revolving credit facilities. The 7.78% medium-term notes are due in 2004.
WASHINGTON, DC-As Fowler Flanagan Technology Partners nears completion of a multi-million-dollar renovation of two warehouses into a 121,000-sf data center, it must worry about new city oversight of the newly popular projects.
WASHINGTON, DC-The $33 million sale of 1225 New York Ave. NW, reunites it under a single owner with its Siamese twin counterpart, 1201 New York Ave. They are actually part of the same building built in two stages.