Mid-Atlantic Regional Digest (9/22/00): Development firm will not drop suit against New Jersey town

Washington Business Journal A venture of the Carr Cos and the Donohoe Cos plans to build a 380-unit apartment property at 5500 Wisconsin Ave in Chevy Chase, Md, a suburb of Washington, DC The Montgomery County, Md, Planning Board initially approved...

Bisnow JBG Smith Properties has filed plans for a 650-unit apartment property in Arlington, Va The property would be developed on the site of the former 102-room Americana Hotel that JBG Smith bought last year That deal included an adjacent parking...

Commercial Observer Adler Real Estate Partners has paid $23 million, or $20909/sf, for the 110,000-square-foot Northridge at Westfields industrial complex in Chantilly, Va The Miami company bought the property from Strategic Capital Partners of...

Bisnow A venture of Network Realty Partners and USAA Real Estate is breaking ground next year on a 106-room hotel in Washington, DC The property will sit on a courtyard between two office buildings with a combined 630,650 square feet at 899 and 999...

Commercial Observer Bonaventure has paid $776 million for two apartment properties with a combined 294 units in Virginia The Alexandria, Va, company paid $255 million, or $271,277/unit, for the 94-unit Messenger Place in Manassas, Va, and $521...

Real Estate NJ Rockefeller Group has broken ground on a 345,600-square-foot distribution center in Eastampton Township, NJ, about 37 miles east of Philadelphia The New York developer is building the industrial property on a 2764-acre site along US...

Baltimore Business Journal Paramount Realty Services Inc has paid $69 million, or $20158/sf, for the 342,294-square-foot Pasadena Crossroads shopping center in the Baltimore suburb of Pasadena, Md The Lakewood, NJ, real estate investor bought the...

Commercial Observer A venture of Dantes Community Partners and Jonathan Rose Cos has paid $164 million, or $176,344/unit, for the 930-unit Avanti Apartments in District Heights, Md, about 10 miles southeast of Washington, DC A venture of Dragone...

Philadelphia Business Journal Vanguard Group has fully leased the 240,000-square-foot Ellis Preserve office building in Newtown Square, Pa Sunoco LP owns the building, at 3801 West Chester Pike, which is about 30 miles west of downtown Philadelphia...

Philadelphia Business Journal The Propp family has paid $565 million, or $23542/sf, for the 240,000-square-foot Red Lion Plaza shopping center in Philadelphia The New York-based family bought the retail property from a venture of Finmarc Management...