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Corus, Lehman Bros. Make D.C. Loans
May 15, 2008
Corus Bank closed a $72 million loan to MR BP Office #1 L.L.C. to finance the construction of a nine-story Class A office building located at 55 M Street SE in Washington, D.C.
Philadelphia Taps Hughes for Green Post
May 15, 2008
According to the Philadelphia Inquirer, Mark Hughes will become the city's sustainability director.
Arent Fox to Relocate D.C. Office
May 15, 2008
Arent Fox L.L.P. has announced that it will relocate its Washington, D.C., office to 1000 Connecticut Ave. upon the expiration of its current lease in 2012.
Busy Few Days for ProLogis with Development, Acquisition, Hiring News
May 14, 2008
The week is only half done and already ProLogis has announced plans for a 220,000-square-foot build-to-suit in Hungary, the purchase of 83 acres in Virginia, and the appointment of a new global executive.
First Building at 2MSF Suburban D.C. Research Campus Opens
May 14, 2008
The 120,000-square-foot office building at M Square - The University of Maryland Research Park in College Park, Md., has made its debut.
Deal Marks Biggest Lease in Pennsylvania Route 202 Corridor This Year
May 14, 2008
ING North America has just signed a lease with the U.S.-based real estate group of Investcorp for just over 30,700 square feet of space in the 89,900-square-foot office building at 100 Deerfield Lane in Malvern, Pa., just 40 minute from Philadelphia.
IT Firm Signs Lease for New HQ in Bucks County
May 14, 2008
The 600,000-square-foot Neshaminy Interplex Business Center in Trevose will soon become the new corporate headquarters of Training Camp now that the information technology training and programs provider has committed to a lease in the Class A business park.
$2B Fund to Capitalize on Transitioning RE Market
May 13, 2008
A new private equity fund, CDC Real Estate Opportunity Fund I, has been established to capitalize on certain advantageous circumstances that may arise in the market as a result of the credit crunch.
Seven-Person East Coast Retail Team Joins HFF
May 13, 2008
Holliday Fenoglio Fowler L.P. has announced that a team of seven capital markets professionals and analysts will join the firm.
Redevelopment of Baltimore Suburb to Be a Model in Green
May 12, 2008
General Growth Properties' vision for Downtown Columbia, Md.'s renaissance will leave the master-planned community awash in green, the developer recently revealed to a crowd of area residents.
Luxury Hotel to Rise on Convention Center Site
May 12, 2008
Washington, D.C., Mayor Adrian Fenty has unveiled plans for a new luxury hotel at the site of the old city convention center.
Housing Prices Fall Most in Philadelphia, Las Vegas
May 09, 2008
The largest three-month declines for house prices occurred in Las Vegas and Philadelphia, off 5.1 percent and 4.5 percent, respectively, according to the Altos 10-City Composite Price Index.
AHC Celebrates Opening of 108 New Affordable Rental Apartments in Arlington, Virginia
May 09, 2008
AHC Inc., the largest nonprofit developer and owner of affordable housing in Northern Virginia, celebrated the opening of The Frederick, a nine-story building with 108 new apartments for low- and moderate-income residents, it has announced.
44-Acre Purchase Paves Way for Durham M-F Project
May 08, 2008
Development of Phillips Research Park, a 344-residence apartment project in Durham, N.C., edges closer toward realization with Phillips Development & Realty L.L.C.'s completion of the acquisition of 44 acres of land. The parcel sits just north of the renowned 7,000-acre Research Triangle Park, the largest research park in the United States.
Rockwall I and II. JPG Takes 2 Bethesda Office Buildings for $80M
May 08, 2008
The JBG Cos. has bought two North Bethesda, Md., properties for $80 million. Together, the class A buildings contain 346,000 square feet. The are located on the Rockville Pike near the Montgomery Mall.
CBRE to Be Leasing Agent for 300 New Jersey in D.C.
May 08, 2008
CB Richard Ellis Inc. has announced local real estate investor and developer Ralph Dweck selected the firm to handle leasing for Washington, D.C.’s 300 New Jersey Ave., N.W.
GSA Renews Lease in Virginia
May 07, 2008
Lerner Enterprises of North Bethesda, Md., has announced that is has secured a lease renewal for 236,000 square feet with the General Services Administration (GSA) on behalf of the Department of Defense at 400 Army Navy Drive in Arlington (Pentagon City), Va.
Northern Virginia Office Property Set for $28M Upgrade
May 06, 2008
Century Center, a two-building office property just minutes outside of Washington, D.C. in Crystal City Va., will get a makeover, courtesy of owner Lowe Enterprises Real Estate Group.
Shopping Center Site in Greensboro, N.C., on Block
May 05, 2008
Hedgecock Builders Supply Co. of Greensboro, N.C., has put the former Hedgecock Builders Supply Co. site at Market Street and Guilford College Road on the block, it has announced.
Washington Property Leases Spave in Suburban Maryland
May 05, 2008
Washington Property Co. has reached the 100 percent leased mark at two of its commercial office buildings in suburban Maryland.
Binswanger Executes Five Leases in Philadelphia
May 05, 2008
On behalf of 1500 Walnut Enterprises L.L.C., Binswanger  announces the execution of five leases totaling 32,590 square feet at 1500 Walnut Street in Philadelphia, Pa.
1750 K D.C. Office Building Trades in $76M Deal
May 02, 2008
A 152,500-square-foot office building in Washington, D.C., has come under new ownership, courtesy of a transaction valued at $76 million. Sumitomo Corp. of America took the fully-leased debt-free property off the hands of The Bernstein Cos.
Opus East Breaks Ground on $200M D.C. Office Development
May 02, 2008
Opus East has broken ground on one of its office developments in Washington, D.C.
Philly Company to Specialize in Green Building
May 02, 2008
A new custom green builder in Philadelphia, Build It Green, was formed by a construction management company and a local green real estate developer.
GMH Military Housing Division Bought by Balfour Beatty
May 01, 2008
Balfour Beatty Group has completed acquisition of the military housing division of GMH Communities Trust for $350 million, it has reported.
 
Philadelphia
Philadelphia Taps Hughes for Green Post
May 15, 2008
According to the Philadelphia Inquirer, Mark Hughes will become the city's sustainability director.
Deal Marks Biggest Lease in Pennsylvania Route 202 Corridor This Year
May 14, 2008
ING North America has just signed a lease with the U.S.-based real estate group of Investcorp for just over 30,700 square feet of space in the 89,900-square-foot office building at 100 Deerfield Lane in Malvern, Pa., just 40 minute from Philadelphia.
IT Firm Signs Lease for New HQ in Bucks County
May 14, 2008
The 600,000-square-foot Neshaminy Interplex Business Center in Trevose will soon become the new corporate headquarters of Training Camp now that the information technology training and programs provider has committed to a lease in the Class A business park.
MORE MIDATLANTIC PHILADELPHIA HEADLINES
 
Washington DC
Corus, Lehman Bros. Make D.C. Loans
May 15, 2008
Corus Bank closed a $72 million loan to MR BP Office #1 L.L.C. to finance the construction of a nine-story Class A office building located at 55 M Street SE in Washington, D.C.
Arent Fox to Relocate D.C. Office
May 15, 2008
Arent Fox L.L.P. has announced that it will relocate its Washington, D.C., office to 1000 Connecticut Ave. upon the expiration of its current lease in 2012.
First Building at 2MSF Suburban D.C. Research Campus Opens
May 14, 2008
The 120,000-square-foot office building at M Square - The University of Maryland Research Park in College Park, Md., has made its debut.
MORE MIDATLANTIC WASHINGTON DC HEADLINES
 

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