(For more retail coverage, click GlobeSt.com/RETAIL.)

WASHINGTON, DC-Anecdotal evidence that Washington, DC areadevelopers and investors are seeking to lock in rates continues topile up. Two projects that recently completed refinancing includethe Crowne Plaza Hotel & Conference Center near WashingtonDulles National Airport in Herndon, VA for $30 million. Also inHerndon, Kohl's Department Store and a BB&T Bank secured $17.4million in refinancing.

The Washington, DC office of Holliday Fenoglio Fowler, LParranged both transactions, which closed in July and June,respectively, HFF managing director Mark Remington tellsGlobeSt.com. "Washington, DC remains extremely competitive," hesays. "It is a market where a lot of capital wants to go."

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.