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BALTIMORE, MD-The dilapidated Chateau apartment building will undergo an $8.9-million redevelopment with the help of a recent $1.1-million loan from the city. The 80-year-old building will ultimately offer 42 units.
SMYRNA, DE-Construction plans for a $50-million, 1.2-million-sf Wal-Mart distribution center move ahead with the Planning and Zoning Commission and the Town Council's impending votes on the site plan. If all goes as expected, work on the facility will begin later this summer.
HERNDON, VA-Information-based systems provider Veridian Corp. takes 28,000 sf in the 260,000-sf, multi-structure Herndon Square Office Park.
WASHINGTON, DC-The US House of Representatives passes legislation revamping the Section 8 Housing Choice Voucher Program and the US Senate follows suit with the introduction of a similar bill.
WASHINGTON, DC-In a $14.2-million deal, the Georgetown Landings office building sells to a local Gates Foundation-funded non-profit organization. The 60,500-sf structure, located at 3333 K St., was built in 1988 and has a 2003 assessment value of approximately $10.3 million
LAUREL, MD-Food Lion commits to 38,000 sf in the 155,100-sf Babies "R" Us Plaza off the Baltimore/Washington Parkway. The grocery store, which will open in 2003 as the third Food Lion in the Laurel area, becomes the shopping center's second anchor tenant.
WASHINGTON, DC-Residents of the inner-city area east of the Anacostia River get their first new apartment development in 35 years with the grand opening of the 176-unit Woodmont Crossing apartment complex. The $17.6 million complex occupies an eight-acre plot of land.
WASHINGTON, DC-A survey from the Mortgage Bankers Association of America concludes that approximately $8.2 billion in commercial property developments have been canceled, delayed or have fallen by the wayside due to the sky-high costs--or outright absence--of terrorism insurance.
LEESBURG, VA-Two public schools are going up on a 68.5-parcel for $30 million, as the Loudoun County School Board acquires the property and secures a contractor for the project. The new elementary and high school facilities will open in 2003 and 2004, respectively.
WASHINGTON, DC-The new class A building at 601 New Jersey Avenue--a multi-million dollar, 259,000-sf office structure--is now leased to capacity with Medicare Advisory Commission and the Federal Mine Safety Health Review Commission's commitment to the building's last 46,000-sf of space.
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