Washington, DC

PRINCE WILLIAM COUNTY, VA-Pharmaceutical manufacturer Eli Lilly and Co. will build its newest insulin manufacturing plant in the County's Innovation @ Prince William office Park. Upon its estimated completion in 2007, the plant will house more than 700 employees.

WASHINGTON, DC-The $60-million mixed use development known as Terrell Place is well under way with construction having already begun on the 480,000-sf, multi-structure complex.

WASHINGTON, DC-Members of the multifamily housing industry petition Congress for what they say are much-needed changes to the Section 8 Housing Choice Voucher Program.

RICHMOND, VA-Multifamily REIT United Dominion Realty Trust, Inc. closes on a $72 million Freddie Mac revolving credit facility, and then sells 3 million shares for a $42.3 million profit.

FAIRFAX, VA-A new Hilton Garden Inn opens, offering 149 rooms and about 6,000 sf of meeting room space. The endeavor cost just over $15 million, and takes the list of Hilton Garden Inn brand hotels in the US over the 125 mark.

CAPITOL HEIGHTS, MD-Hampton Overlook office/flex space complex and Hampton South Business Centre warehouse sell for a combined $12.4 million to AFL-CIO Building Investment Trust.

RANDALLSTOWN, MD-The Carriage Hill Apartments will continue to undergo its rejuvenation process with the assistance of a $36 million refinancing loan from Arbor Commercial Mortgage. Owner Sawyer Realty Holdings take on the 10-year loan at a rate of 7.11%

WASHINGTON, DC-The Service Employees International Union (SEIU) says Boston Properties' collection of undeveloped land has grown at a potentially hazardous pace. SEIU's Boston Properties Watch--the union's information service that operates independently of the REIT--reports that Boston Properties' land bank has increased by 45% over the last 18 months.