Washington, DC

LORTON, VA-Regency Centers LP sold the almost four-acre parcel to a JV that plans to build a three-story, 47,459-sf medical office condo.

ANNAPOLIS JUNCTION, MD-The 175-acre multi-structure National Business Parkway maintains its 100% occupancy level with the US General Services Administration's leasing of the park's newest 120,000-sf building.

GLENN DALE, MD-The 316,000-sf Glenn Dale Business Center opens its doors to a new tenant with disaster services concern Popowski Brothers Inc.'s leasing of 9,200 sf of space.

METROPOLITAN WASHINGTON, DC-Multifamily lender Independence Community Bank Corp. has made plans to expand its presence to the prospering Washington, DC region real estate market.

WASHINGTON, DC-Hospitality industry real estate guru C.A. Anderson comes aboard Interstate Hotels & Resorts' acquisitions and development team as the company looks to expand its management presence in time to take advantage of an anticipated pick-up in the hospitality market.

WHEATON, MD-Plans for The Montgomery at Wheaton Metro multifamily complex move full steam ahead with the recent groundbreaking on the 243-unit luxury property. Developers are spending $33 million to construct the apartment project, which is due to be completed next spring.

RESTON, VA-Sunset Corporate Plaza welcomes new tenant IBM as the computer company leases the entire 100,000-sf office building. IBM committed to occupying the space, which is located in the Dulles Corridor near the Dulles International Airport, for a 10-year period.

WASHINGTON, DC-A groundbreaking ceremony on March 6 is in the works to officially kick off the development of the 233-suite Residence Inn Marriott. The $43-million endeavor is the product of The Donohoe Cos., Hospitality Partners and Four Fires LLC.