WASHINGTON, DC-Gilbane will manage construction of the new $265 million US Capital Visitor Center, a 600,000-sf, underground, three-tier complex slated for completion in time for the 2005 presidential inauguration.

WASHINGTON, DC-The proceeds from the offering of 5 million shares will be used for general corporate purposes, including repurchasing earlier issues of preferred stock, according to officials. The shares will be offered at $50 each.

BALTIMORE, MD-Prime Retail announced fiscal year 2000 funds from operation of $58 million, a sharp dip from 1999's FFO of $84.2 million, according to the company. Fourth quarter FFO was $13.5 million.

SOUTH ARLINGTON, VA-The privately owned retail real estate company based in Bethesda, MD helped the gym ink a lease on a 28,000-sf former bowling alley in the Shirley Park Shopping Center on Glebe Road here.

WASHINGTON, DC-The Fannie Mae loan will be used to finance the purchase of the 146-unit, seven-story Randolph Towers, which was built in 1931. The property is located on 14th Street in Northwest.

HERNDON, VA-The San Jose, CA-based tech manufacturer will locate its regional sales office here, according to the Irving Group, which helped the new company find the space and served as project management.

FALLS CHURCH, VA-With construction slated for completion this month, two companies have signed up for 33,000 sf of space in the 360,000-sf Trophy Office Tower, the latest addition to Fairview Park.

BETHESDA, MD-Host Marriott Corporation has closed on the $130 million offering, the proceeds of which will be used for capital improvements, acquisitions and paying off debt. Five financial institutions underwrote the offer.