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CULPEPER COUNTY, VA-Technology companies Competitive Innovations LLC and AttoTek Inc. invest $2.2 million in two 10,000-sf expansions of their current locales.
GLEN BURNIE, MD-North Arundel Hospital wraps up construction of its new 44,000-sf, three-level comprehensive cancer facility, The Tate Cancer Center. The $15-million development--which is expandable--will make its official debut late next week, and will open to patients in January.
WASHINGTON, DC-The Mortgage Bankers Association of America plans a meeting with US Department of the Treasury officials regarding implementation of the Terrorism Risk Insurance Act of 2002. MBA will raise issues that are of specific concern to the commercial real estate finance industry.
CHANTILLY, VA-Plans for a $3-million FedEx shipping and receiving distribution center in Stonecraft Business Park move forward as Tucon Construction Corp. comes on board as general contractor for the project. The 54,000-sf facility will occupy a 7.5-acre parcel in the Stonecroft Business Park
WASHINGTON, DC-La Coruna, Spain-based fashion apparel chain Zara makes its first entrie into the Mid-Atlantic retail market with the establishment of a 10,000-sf store in the District's trendy Georgetown area. The store is on track to open its doors next summer.
WASHINGTON, DC-Marriott International responds to mounting complaints from its franchisees that it is hoarding kickbacks from hospitality procurement company Avendra LLC. The hotel chain will invest impending profits in improving operations at participating hotels.
WASHINGTON, DC-The District of Columbia Housing Finance Agency closes on $8.2 million in tax-exempt mortgage revenue bonds to benefit the development of affordable-housing community Henson Ridge. The 600-unit apartment and townhouse complex will offer rentals, as well as homes for sale.
ANNAPOLIS-Work on two 8,125-sf restaurant/service buildings in the $25 million Annapolis Technology Park gets under way. Developer MIE Properties expects the new additions, which are part of the first phase of the mixed-use park endeavor--to be ready to go sometime next spring.
WASHINGTON, DC-The famed Watergate Hotel goes up for grabs as owner Blackstone Real Estate Advisors puts the luxury property on the market though Eastdil Realty. Blackstone anted up nearly $40 million for the hotel in 1998. It is currently valued at about $33.7 million.
BALTIMORE-CNX Marine Terminals Inc--a subsidiary of coal exporter Consol Energy Inc.--finds itself in need of more room and commits to 295,000 sf of extra warehouse space at the Point Breeze Business Center, while signing a lease renewal for its current 238,000-sf digs.
From Placer.ai
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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