Washington, DC

WASHINGTON, DC-After having joined forces to survey disclosure practices in mortgage-backed securities markets, the US Department of the Treasury, the Securities and Exchange Commission, and the Office of Federal Housing Enterprise Oversight release a study with suggestions for improvements.

ROCKVILLE, MD-The University of Maryland Biotechnology Institute gets good news with the governor's recent allotment of funding from the fiscal 2004 capital budget for the $50-million development of the Center for Advance Research in Biotechnology II.

WASHINGTON, DC-In a deal between seller F Street Group and buyer Grosvenor Atlantic Ltd. the building at 1777 F St. gets snapped up for $17 million. The structure is currently valued at $10.5 million and is fully occupied by Federal Housing Finance Board through 2006.

WASHINGTON, DC-The Atlantic Building is in for a renaissance, as CarrAmerica Realty Corp. and Douglas Development announce their plans to redevelop and expand the historic downtown structure at 930 F St. Upon its scheduled 2005 completion, the corner property will feature 290,000 sf of office and retail space.

ARLINGTON, VA-Developers of One Liberty Center are now in receipt of a financing package for the amount of $76.6 million. The 315,000-sf office building is just one phase of a multi-faceted project that will result in the 1 million-sf mixed-use development Liberty Center.

FAIRFAX, VA-The AMS Building--the 264,000-sf, class A office structure at 12601 Fair Lakes Circle--gets a new owner with Prentiss Properties Trust's $55-million purchase of the property from Gilbane Building Co. American Management Services has a lease on the entire building through 2011.

MCLEAN, VA-Temporary office space provider Teqcorner gets four new tenants. Area demand for turnkey, temporary digs continues to be a growth market despite a dramatic decrease in the number of start-up companies.

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.