Regions Midatlantic
GSA Renews Lease in Virginia
May 7, 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. Built in 1964, 400 Army Navy Drive was renovated in 1986 and has been leased to the GSA since that time. The building is within walking distance of both the Pentagon City and Crystal City Metro stations.

 
Recent Midatlantic Headlines
Budget to Save Commercial Property Holders $21M in  D.C.
May 16, 2008
Commercial property holders in Washington, D.C. will save $21 million in savings for the year beginning in October following the D.C. Council's  passage of its 2009 budget, Washington Business Journal reported.
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.