City: Washington

September 10, 2001WASHINGTON, D.C. – Edward I. Geisinger, 54, a veteran of the Washington, D.C., commercial real estate market, died on Sept. 3 of respiratory failure as a result of his battle with pancreatic cancer.Mr. Geisinger, a native of New ...

September 7, 2001NAPERVILLE, Ill. – Home Properties (NYSE: HME) has acquired two apartment buildings, one in Silver Spring, Md. and one in Naperville, Ill., for $49.2 million. The 435-unit Manor apartment complex, in the Aspen Hill area of Silver Spring, ...

September 7, 2001 WASHINGTON – The Bernstein Cos. and Union Realty Partners have sold 1500 Eckington Place NE in Washington, D.C., to one of the building's tenants for $34 million, or $136/sf.The 250,000-square-foot building was purchased by Bernstein's Consortium Capital ...

September 6, 2001Equity Office Properties Trust (NYSE:EOP) recently sold five assets – four office buildings and an apartment building – for $94.9 million in three separate deals.As reported earlier, the REIT sold three office buildings in Northern Virginia's Alexandria/Old Town ...

September 5, 2001TMW Real Estate has agreed to buy 2001 Pennsylvania Ave. NW in downtown Washington D.C.TMW has agreed to pay close to $50 million for the 147,000-square-foot office building, according to the Washington Business Journal.The property is owned by ...

Bernard Spitzer has purchased 2001 K St. NW for $95 million. Construction on the building began two years ago on a speculative basis. The property is now full, and most leases contain rent-escalation clauses.

September 4, 2001 WASHINGTON, D.C. – Gables Residential (NYSE:GBP) has purchased the 82-unit Ambassador House apartment high-rise in the city's Dupont Circle neighborhood for $24.2 million from an undisclosed source.The REIT plans to rename the property Gables Dupont Circle. The ...