WASHINGTON, DC—Deals that have been languishing in negotiations or otherwise held up are being rushed through as everyone seeks to close the books on 2015. Exhibit A is 1333 H St., NW, a deal we asked MRP Realty about weeks when we heard rumors that it was under contract. MRP declined to comment at the time. The building has officially traded now to TA Realty for $162.5 million, according to the Washington Business Journal.

Elsewhere in the region...

In Herndon, VA, Stream Realty has acquired the Park Atrium at 381 Elden St., for close to $20 million. The 184,000 square foot office is about 52% occupied.

In Laurel, MD, we heard that Pantzer Properties is acquiring from Federal Capital Realty the Homestead at Laurel, a 386-unit apartment building located at 9689 Muirkirk Rd., the price as yet unknown.

In Alexandria, VA in the Old Town submarket, The Kingsley has traded, a mixed-use project with 175 apartments on top of a Harris Teeter. LaSalle Investment Management acquired it from developers Buchanan Partners and The Pinkard Group.

A rare industrial asset in Washington DC has traded: 770 Girard St., for roughly $4 million.

Also, the remaining properties from this summer's sale by Pinnacle Hotel Management of 15 select-service hotels for $203 million to (who else?) the Blackstone Group have closed.

The 15 hotels are in the New England and Mid-Atlantic states as well as Michigan, Florida and California.

In the DC area the properties included the Residence Inn in Newark, DE and the Residence Inn in Residence Inn in Waldorf, MD.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.