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The report notes that while several new large public works projects have came on line this year, the residential housing sector in the borough has accounted for more than 50% of the construction starts in the first nine months of this year.
Host Hotels & Resorts has signed a 55,000-square-foot lease and Booz Allen Hamilton is taking 65,000 square feet in the trophy office building under construction.
The 217,088-square foot property traded for $284 per square foot, over the $199 per square foot average price where suburban Virginia assets have been trading.