Last Updated: May 5, 2005 10:12pm ET
Office Facility Atop Retail Center Goes for $61M
ARLINGTON, VA-Ballston Common Office Center, the 176,000-sf office building that caps the 578,000-sf Ballston Common Mall, finds a new owner as Forest City Enterprises Inc. acquires the 99% occupied office facility for $61.5 million. Forest City already owns the shopping center.
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Distressed CRE Continues to Ebb
WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.



