State: Virginia - VA
Chandler Sells Va. Apartments for $29.8Mln
May 31, 2002 ALEXANRIA, Va. – Chandler Management has sold a 397-unit apartment home to United Dominion Resources for $29.8 million, or $75,063/unit.Chandler Management had placed roughly $20.5 million of debt on the property, which was provided by GE Capital, ...
Tysons Corner, Va., Offices Sell for $144Mln
May 31, 2002 Commercial Real Estate Direct Staff ReportThe first office sale this year in the Washington, D.C., market of Tysons Corner, Va., has turned out to be a particularly big one.West*Group Properties LLC, developer and owner of the McKinley ...
United Dominion Buys Va. Apartments for $30.2Mln
May 21, 2002 ALEXANDRIA, Va. – United Dominion Realty Trust (NYSE:UDR) has purchased the Presidential Greens apartments for $30.2 million at a capitalization rate, or initial yield, of 8.9 percent.The property, which was constructed in 1938 and renovated in 1988, ...
Investors in Hot Pursuit of Washington Office Properties
The demand for office properties in the Washington area is so strong that cap rates have fallen substantially and are now less than 7 percent for certain trophies. Signs of a softer market have not appeared to have hampered investors' ...
Vornado Results Could Get Hit by USAirways Woes
May 15, 2002 Vornado Realty Trust (NYSE:VNO) could get hit if US Airways Group vacates its headquarters in Arlington, Va., which Vornado owns.According to a story in The Wall Street Journal, US Airways occupies more than 300,000 square feet at ...
Presidential Greens apartments
Property, built in 1938 and renovated in 1988, is 98.5% leased with monthly rents averaging $930.
The Presidential Greens
Property at 3801 Executive Ave. was built in 1938. Monthly rental rates range from $645 to $1,125.
McKinley and Pierce Buildings
2-building complex at 7555 & 7575 Colshire Drive is triple-net leased to Northrop Grumman for HQ.
Tysons Corner Center
Wilmorite acquiring about 44% stake, valued at $242Mln; Alaska Permanent Fund still owns stake (56%)
Wilmorite, Alaska Permanent to Own Tysons Corner Center
May 1, 2002 Commercial Real Estate Direct Staff ReportWilmorite Properties Inc. has agreed to buy a stake in Tysons Corner Center, in McLean, Va., a 2 million-square-foot regional shopping mall that's widely considered among the country's top performers.The Rochester, N.Y., ...
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