About Our Columnist

Jacqueline Hlavenka
Jacqueline Hlavenka, East Coast Editor for GlobeSt.com and Real Estate Forum, is responsible for coverage of news and information pertaining to commercial real estate in New York City. Prior to joining ALM, she served as a municipal beat reporter for Greater Media Newspapers in central New Jersey. Her work has also been published in The Asbury Park Press, The Village Voice, Interior Design Magazine and Condé Nast’s Cookie Magazine. Contact Jacqueline Hlavenka.

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Vornado has a $678.2M securitzed loan on their eight building Skyline Portfolio in Falls Church, VA that according to Trepp is on the watch list for possible default. Trepp references that the Defense Information Systems Agency (DISA) notified Vorando that it was not renewing its lease of 400,000SF. DISA's departure brings the occupancy rate down to 67% from the 92% rate at the end of 2010.
You might want to chech this out.
Posted by johpot | Tuesday, April 17 2012 at 11:50AM ET