Last Updated: February 2, 2006 12:32pm ET

Office Fetches $261 Per SF

HERNDON, VA-In a $24 million deal, Guardian Realty Investors takes the class A office property at 950 Herndon Pkwy. off the hands of UBS Realty Investors. The 92,900-sf building, which is located near Washington Dulles International Airport, is presently 96% leased to 20 tenants.

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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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