Last Updated: August 3, 2005 01:24pm ET

Two-Decade-Old Office Building Goes for $197 Per SF

MCLEAN, VA-Ownership of the 68,500-sf office facility at 7601 Lewinsville Rd. changes hands in a $13.5-million transaction. The 18-year-old building, the former headquarters of luxury homebuilder and mortgage banker NVR Inc., has a current occupancy level of 70%.

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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.

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