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Northern Virginia
December 1, 2009
Hilton McLean Tysons Corner - McLean, VA
 
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BALTIMORE BREAKING NEWS
November 21, 2009
NOAA Extends Term for 137,000-SF Lease

SUITLAND, MD-The Commerce Department Agency is supposed to move to College Park, MD but a dispute with GSA and Opus East is putting those plans on hold. ... Full Story

Frederick Apartment Trades for $28M

FREDERICK, MD-Multifamily sales are picking up at a faster pace than many in the industry would have thought. ... Full Story

Healthcare Trust Acquires Baltimore Office for $11M

BALTIMORE-This is a new geographic market for Healthcare Trust which has been on a multimillion dollar acquisition spree. ... Full Story

L-3 Takes 75,000 Square Feet at GATE

ABERDEEN, MD-St. John Properties is developing new buildings to meet demand from BRAC. ... Full Story

Frederick Multifamily Trades in 1031 Deal

FREDERICK, MD-The 84-unit garden style apartment is trading for $5.2 million with GSE financing support. ... Full Story

Ideal Realty Group Closes $80M in Multifamily Deals

POTOMAC, MD-The company is closing a transaction in Dumfries, VA and Gaitersburg; and is poised to close one in Frederick later this month. ... Full Story

CBRE Lands 5M-SF Account From Maryland

ANNAPOLIS, MD-Over 600,000 square feet of space is currently in play in terms of either new leases or lease renewals over the course of the next six months. ... Full Story

COPT Acquires a 474,000-SF Office

BALTIMORE-The Canton Crossing planning development also includes waterfront lots approved for 500,000 square feet. ... Full Story

Enterprise Devotes $4B to Green Communities

COLUMBIA, MD-The non-profit will be providing $2.5 billion in loans and grants and $1.5 billion towards new solutions that back green affordable housing development. ... Full Story

KLNB Adds Property Management Through JV

BALTIMORE-The company is adding 700,000 square feet in new assignments. ... Full Story

Host Hotels & Resorts Registers $58M Loss

BETHESDA, MD-The company is anticipating a loss for the year, but not as big as it earlier expected. ... Full Story

Mendelson Closes $44M Deal, Departs Transwestern

BETHESDA, MD-Cliff Mendelson is closing a $44-million acquisition financing on an office building in Northern Virginia--a parting transaction for his long standing employer, Transwestern. ... Full Story

$49M Takes 36 Exxon Stations for Getty

PRINCE GEORGE’S COUNTY, MD-The deal is a sale leaseback transaction with White Oak Petroleum for an initial term of 20 years. ... Full Story

$44M Takes ACPT

ST. CHARLES, MD-American Communities Properties Trust may solicit alternative proposals in October under the terms of the agreement. ... Full Story

$16M City Hall Project Underway

BOWIE, MD-Manekin will be developing the three-story, 80,000-square-foot facility. ... Full Story

Katz JV To Invest $100M in DC Area

GLEN BURNIE, MD-The company is partnering with Klein Enterprises to acquire its first of many shopping centers in the region. ... Full Story

Host Hotels Completes $90M in Transactions

BETHESDA, MD-The locally based hotel company is selling four hotels for an aggregate of $90 million. ... Full Story

JV Finalizes $30M Loan for Frederick Retail

FREDERICK, MD-Faison Enterprises and Atapo Properties will be breaking ground on the shopping center within the next 45 days. ... Full Story

Hubert Breaks Ground on 92,000 SF

GAITHERSBURG, MD-The company is seeing faint signs of a construction recovery in smaller projects. ... Full Story

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