Category Archives: Washington DC

Turmoil at Patton Boggs Could Impact Loan on DC Building

The $86.7 million loan on 2445 M Street in Washington, D.C. could be impacted by the restructuring at district-based law firm Patton Boggs, according to Trepp, which cites several publications…

First Potomac Anticipates Sale of Two Frederick Assets Over Next Two Months

First Potomac Realty Trust reported Friday that it anticipates selling its West Park and Patrick Center assets in Frederick, MD in March 2014 and April 2014, respectively. The REIT classified…

Piedmont Finds Buyers for Two Reston, VA Assets

Piedmont Office Realty Trust, Inc. has entered into a binding contract to sell Sunset Corporate Plaza I & II, a two-building office property at 11107 Sunset Hills Road and 11109…

Trepp: Loan on CSC Building in Lanham Becomes Delinquent

The $69.1 million loan on Computer Science Corp’s (CSC) 325,000 square-foot former office building in Lanham, MD has become 30 days delinquent for the first time this month, according to…

REIT Brandywine Eyes Metro DC Investments in 2014

Brandywine Realty Trust‘s portfolio in the Washington, D.C. market posted positive absorption of 318,000 square feet to finish 2013 at 87.6 percent occupied and 89 percent leased, a 760 and…

Trepp: Several CMBS Loans Could Be Impacted by New GSA Prospectuses

The General Services Administration has released several new lease prospectuses that could point to GSA moves, and a number of those leases could impact CMBS loans, according to Trepp. Both…

REIT Agrees to Buy Staunton Plaza for $17.2M

A subsidiary of Phillips Edison ARC Grocery Center REIT II Inc has entered into an agreement to acquire Staunton Plaza, an 80,265 rentable square foot shopping plaza on 11.1 acres…

FBR Capital Markets Signs 54,540 SF Lease at Arlington Tower

FBR Capital Markets & Co. has entered into a lease agreement with Tishman Speyer for approximately 54,540 rentable square feet of space at the Arlington Tower, which is located at…

Fitch: $225M in Loans on Lincoln Square in DC Face Imminent Default

Two loans totaling $225 million that back the Lincoln Square property at at 555 11th Street, NW in Washington, D.C. have been transferred to a special servicer due to imminent…

COPT to Convey Properties to Lender

Corporate Office Properties Trust (COPT) reported this month that since the cash flows generated by the properties that serve as collateral for a $147 million non recourse loan will be…