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MCLEAN, VA-Freddie Mac--in the process of recovering form last year's rough ride that resulted in the government-sponsored enterprise's restating of earnings by $4.4 billion--now finds itself in more trouble as the Securities and Exchange Commission threatens to sue the housing mortgage lender for securities violations.
WILLIAMSBURG, VA-Festival Marketplace opens its doors to a new occupant as Kabbie's Bake Shoppe LLC takes on 1,200 sf of space at the 16,000-sf shopping center. The bakery joins a diverse list of tenants that includes GSH Realtors, Kingsmill Jewelers and National Pancake House.
WASHINGTON, DC-In an effort to accommodate growth, White & Case LLP decides to make a move to One Metro Center and leases nearly 118,000 sf at the 416,000-sf trophy property. The law firm committed to the space under a 15-year lease agreement
NORFOLK, VA-Trader Publishing Co. plans to expand its offices here with the addition of a 270,000-sf office building with ground-level retail space. The $51-million project is expected to get under way in January or February of next year.
ROCKVILLE, MD-Interior demolition of a former strip mall gets under way this week to make room for actual construction of the $350 million mixed-use Rockville Town Square project. The old shopping center, which had been anchored by a Magruder's Grocery Store, will be razed tomorrow.
ARLINGTON, VA-The Mills Corp. gets plenty of bang for its buck in a recent $1-billion deal in which the retail and entertainment REIT walks away with 50% interest in nine regional malls across the US. Mills is now co-owner of the properties with General Motors Asset Management.
NEWPORT NEWS, VA-Rock Landing II, a 33,000-sf office property, opens its doors to a new tenant, as Stallings & Associates PLC signs a lease to occupy 1,000 sf at the two-story building. With Stallings' lease, the class A office facility is nearly fully occupied.
WASHINGTON, DC-Republic Square, a gargantuan 587,000-sf office project, prepares to take its place on Capitol Hill as developer Republic Properties Corp. breaks ground on the two-building project. The development will be built in two phases, with the first reaching completion in 2006.
LORTON, VA-The Lockport Business Center finds a new owner in Kossow Management, which acquired the 44,000-sf two-building industrial property from Lockport LP in a recent $2.9 million deal. The 1970s era complex has a current assessed value of nearly $2 million.
BELCAMP, MD-Development of the $50-million Waters Edge Corporate Campus moves forward as workers get started on the second office building that will ultimately grace the planned 400,000-sf mixed-use compound. The new 80,000-sf structure is due to reach completion in January.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Building Engines
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Building Engines
Commercial property teams are navigating changing times where technology plays a crucial role in operations, tenant satisfaction, and sustainability. This report, based on insights from 370 industry professionals, reveals the biggest priorities, challenges, and opportunities for CRE technology adoption in 2025. Don’t miss it.
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource