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FREDERICK, MD-Wells Fargo Home Mortgage's decides to stay put and renews its lease on 201,300 sf of space at the 18-structure, 750,000-sf I-270 Technology Park for a five year period. The deal includes an option to renew the lease for two additional five-year periods.
WASHINGTON, DC-A $25 million affordable housing package is made available through the city's Department of Housing and Community Development, and Requests for Proposals go out to potential developers. The funding will provide for new and redeveloped housing for low and very low-income residents.
DULLES, VA-McLean, VA's Aviation Facilities Co. Inc. sells a 95% stake in Dulles Airport's Cargo Building 5. AFCO retains a 5% interest in the 285,000-sf distribution facility, as well as management and leasing responsibilities.
CHESAPEAKE, VA-Automotive systems supplier Visteon Corporation will open a $17 million, 73,000-sf manufacturing plant in the Crossways Commerce Center I warehouse structure next spring. The space, which leases for $3.99-per-sf, was once a Volvo manufacturing plant and will employ about 42 workers.
HERNDON, VA-The 228,400-sf Monument IV, the third of four class A office structures in the Monument at Worldgate Centre development, has been sold in a deal worth a reported $49 million. The nine-story building is completely leased to Fannie Mae until 2011.
BALTIMORE-Work begins on the $5-million mixed-income residential community dubbed Broadway Overlook with a recent groundbreaking ceremony. The 166-unit residential project will reserve 86 townhouse-style apartments for rent to low- and middle-income citizens.
WASHINGTON, DC-A US Department of the Treasury official goes on record--as does the President, once again--to highlight the devastating economic effect of the absence of terrorism insurance legislation. The Treasury Dept.'s Peter Fisher says the problem is evident when looking at commercial real estate.
SALEM, VA-US Foodservice picks its Roanoke County facility to increase area distribution efforts with a $22-million expansion of the 275,000-sf distribution center. The company will add 125,000 sf to its Salem location.
BALTIMORE, MD-Plans for a 200-room Four Seasons Hotel shape up with H&S Properties Development Corp.'s commitment to build the $100-million development. The luxury property will ultimately include 25 high-end rental apartment units, as well as an undetermined number of condominiums.
ROCKVILLE, MD-The Institute for Genomic Research joins The Institute for Biological Energy Alternatives and The Center for the Advancement of Genomics to lease space for a new 40,000-sf DNA sequencing facility. The organizations are choosing between two undisclosed buildings in Rockville.
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 TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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 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 TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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 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