Washington, D.C., Office Building Headed to Auction Block

Bisnow Perseus TDC, an affiliate of Transwestern Development Co, has broken ground on a 158-unit apartment project in Washington, DC The property, at the intersection of 15th and S streets NW, will have business and fitness centers, a rooftop...

Washington Business Journal Developer Leonard Michel has filed plans to build the Village at Clear Springs residential project in Leesburg, Va Plans call for 450 multifamily units, 203 single-family detached homes and 585 single-family attached...

Philadelphia Business Journal A venture of Centerbridge Partners and Plymouth Group plans on constructing the Budd Campus, a 24 million-square-foot life-sciences complex in Philadelphia The property will offer a mix of laboratory and manufacturing...

Washington Business Journal Skanska has filed plans to build a multifamily property with up to 275 units at 44 M St NE in Washington, DC The Swedish developer previously had proposed a 233,000-square-foot office building for the site, which is in...

Crain’s Chicago Business Moceri + Roszak is offering for sale Parkline Chicago, a 189-unit apartment property in Chicago The local developer has hired CBRE to market the property, which opened earlier this year and is 96 percent occupied The...

Washington Business Journal Amazon Web Services is building a 120,000-square-foot data center in Springfield, Va The affiliate of Amazoncom Inc will demolish the two office buildings on the site, at 7951 and 7961 Loisdale Road, about 15 miles...

Philadelphia Business Journal Landmark Properties plans on constructing the 280-unit Standard at Philadelphia student-housing property in Philadelphia’s University City neighborhood The Athens, Ga, company recently bought the office building...

Dallas Morning News High Street Residential is offering for sale M-Line Tower, a 261-unit luxury apartment property in Dallas’ Uptown neighborhood The Trammell Crow Co affiliate has hired CBRE to market the 20-story building, which opened in...

LNR Partners, which as special servicer is handling $100 million of mortgage debt against the Montgomery Mall in suburban Philadelphia, has placed the 11 million-square-foot retail property on the sales block It is said to have hired JLL Capital...

Bisnow Office Properties Income Trust has broken ground on a mixed-use project at 20 Massachusetts Ave NW in Washington, DC The Newton, Mass, REIT is redeveloping a vacant 340,000-square-foot office building on the site into a 427,000-sf property...