Regions Midatlantic
Washington Property Leases Spave in Suburban Maryland
May 5, 2008

Washington Property Co. has reached the 100 percent leased mark at two of its commercial office buildings in suburban Maryland.  Lockheed Martin expanded its lease at 4 Research Place, a three-story, 81,866-square-foot property located on I-270 in Rockville, M.D. by 2,752 square feet bringing the company’s total square footage to 38,251.  Jones Lang LaSalle represented Lockheed Martin, and Washington Property represented the landlord.  At Patriot East in Greenbelt, JMAT Systems L.L.C. signed a lease for 2,806 square feet bringing that class A property to 100 percent leased. Avalar Realty represented the tenant and Edge Commercial L.L.C. represented the landlord.


 
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.