Category Archives: Washington DC

Value of Former CSC Office Building in VA Drops More than 75 Percent

The special servicer for the 325,000 square foot office building in Lanham, MD formerly occupied by Computer Science Corp (CSC) says that the value of the asset has fallen by…

WRIT Trading Lease Proposals with World Bank, Booz Allen

During their quarterly conference call with analysts last week, executives with Washington Real Estate Investment Trust (WRIT) (NYSE:WRE) said they have traded proposals with both World Bank and Booz Allen…

Appraised Value of 6116 Executive Blvd in Rockville, MD Slashed by Two-Thirds

The 207,055 square-foot office building at 6116 Executive Boulevard in Rockville, MD, also known as Rockville Executive Office Center I, has seen its appraised value slashed by two-thirds, according to…

Impressions Marketing Group Vacating 110,000 SF in Lorton, VA

Impressions Marketing Group (IMG), a provider of custom store fixtures and decor, is vacating the 110,000 square foot industrial building it fully occupies at 7951 Angleton Court in Lorton, VA,…

Hooker Furniture Expanding into 628,000 SF at Virginia Distribution Facility

Martinsville, VA-based Hooker Furniture Corp. has entered into a new, seven-year operating lease with landlord 1350 State Road, LLC for a 628,000 square foot warehouse facility in Henry Co., VA,…

Non-Traded REIT JVs on $51.3M Oxford Square Multifamily Project in Hanover, MD

A joint venture that includes non-traded REIT CNL Growth Properties has acquired a fee simple interest in the 9 acre parcel of land in Hanover, MD known as Oxford Square…

Vanda Pharmaceuticals Expanding at 2200 Pennsylvania Avenue, N.W.

Vanda Pharmaceuticals Inc. (NASDAQ: VNDA) has amended its lease with landlord Square 54 Office Owner LLC for its headquarters location at 2200 Pennsylvania Avenue, N.W. in Washington, DC. Vanda Pharmaceuticals…

Another Extension for $190M Loan on Renaissance Mayflower Hotel

The $190 million loan on the Renaissance Mayflower Hotel at 1127 Connecticut Avenue NW in Washington, D.C. has been granted a second loan modification, according to Trepp, which cites special…

ePlus inc. Extends HQ Lease in Herndon

ePlus inc., the Herndon, VA-based company that helps organizations optimize IT infrastructure and supply chain processes, has extended its headquarters lease agreement with landlord H/F Techpointe, LLC. Under the extended…

MCG Capital Corp Extends HQ Lease at Potomac Tower in Arlington

MCG Capital Corp, a commercial finance company that provides capital and advisory services to lower middle-market companies throughout the United States, has extended its corporate headquarters lease at the Potomac…