Last Updated: August 30, 2005 04:36pm ET

$75M Land Acquisition Closes

By Barbra Murray

WASHINGTON, DC-Akridge snaps up a nine-acre parcel near the site of the future baseball stadium. The firm is planning a mixed-use development for the site. The land is the former property of utility company Potomac Electric Power Co.

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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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