Last Updated: March 21, 2006 09:11pm ET

Shopping Center Will Become $100M Condo Property

By Barbra Murray

WASHINGTON, DC-The development of a $100-million condominium project gets a jumpstart with the sale of the Nehemiah Shopping Center, an 18,000-sf mini-mall on a one-acre site in the Columbia Heights area of the District.

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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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