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NORFOLK, VA-Harbor Group International acquires two apartment complexes in Birmingham, AL for $10.8 million, and lets go of two properties in Alabama and South Carolina for $10.1 million. The real estate company will spend an additional $2.75 million to renovate the new Birmingham additions to its portfolio.
CHANTILLY, VA-Newmark orchestrates the $3.4-million sale of a 17-acre plot to Moore Cadillac on behalf of owner The Batman Corporation.
ALEXANDRIA, VA-Starbase Corp. is released from its contract at 44 Canal Center Plaza, saving the company about $10 million over the next eight years.
COLUMBIA, MD-Corporate Office Properties Trust executes a 10-year lease with German-owned Company Lurgi Lentjes North America for space in the Columbia Gateway Business Park. The company will occupy 16,076 sf of space in the 30,855-sf building at 6724 Alexander Bell Drive.
WASHINGTON, DC-Law firm Morgan Lewis moves into its new 305,000-sf office space at 111 Pennsylvania Ave. The move comes six years after the deal was struck with building owners.
WASHINGTON, DC-Pennsylvania-based real estate developers LCOR Incorporated reveals plans to build a $38 million luxury apartment complex on the parking lot of the historic National City Christian Church Foundation. LCOR has already signed a 99-year ground lease for the property, which is owned by the church's foundation.
WASHINGTON, DC-Officials of the Mortgage Bankers Association of America gather at a news briefing to discuss the organization's plans for 2002. Among the goals on its plate for the year are encouraging the development of multifamily housing and urging Congress to put terrorism insurance legislation in place.
GRETNA, VA-Philadelphia-based Binswanger/CBB becomes the exclusive agent for the sale or lease of a 135,000-sf multi-use property in the Gretna Industrial Park. Binswanger is offering the building at a selling price of $1.875 million.
COLUMBIA, MD-The Columbia Midway Distribution Center sells to Edison, New Jersey's Whitehall Industrial Properties for a figure estimated to be around $13.5 million. In addition to changing the facility's name to the Snowden Distribution Center, Whitehall will complete renovations on the 475,000-sf industrial property within the next 60 days.
WASHINGTON, DC-While DC was weathering the economic downturn quite well before the Sept. 11 terrorist attacks, emphasis on increased defense spending following the tragedies is expected to boost the local office market even more.
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 TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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 TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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