WASHINGTON, DC-MRP Realty and Ellis Development Group were awarded the right to develop a mixed-use development property on Florida Ave.

WASHINGTON, DC-Currently bank branches are commanding the lowest cap rates of any class of triple net properties. Some, though, are lower than others.

WASHINGTON, DC-All of this talk of rising interest rates has already been absorbed by the market, Winston Orzechowski, research director at Calkain Cos., tells GlobeSt.com's Erika Morphy.

BALTIMORE, MD-The company expects to hire 15 people, give or take, to build out this office, Mark G. Levy, market director for Baltimore tells GlobeSt.com's Erika Morphy.

TYSONS CORNER, VA-Announced earlier this year, The Meridian Group has closed on three buildings in Science Applications International Corp.'s 18-acre corporate headquarters campus.

COLUMBIA, MD-It is paying $12.5 million for the 90,000-square foot building, which is partially occupied by the Howard County government.

WASHINGTON, DC-It was a good quarter for the REIT.

COLUMBIA, MD-The REIT posted a strong quarter for Q2 but it is still facing some headwinds from sequestration and budget cuts.