Subject: Mid-Atlantic Regional Digest (MADIG)

Washington Business Journal Crown Properties has paid $28 million, or $145.08/sf, for Monument III, a 193,000‑square‑foot office building in Herndon, Va. The New York investor purchased the 13‑story property from Santander Bank, which took control of it two years ago ...

Baltimore Business Journal Macerich Co. has acquired the 1.5 million‑square‑foot Annapolis Mall in Annapolis, Md., for $260 million, or $173.33/sf. The Santa Monica, Calif., REIT bought the enclosed mall from a venture led by Centennial, a unit of Lincoln Property ...

Washington Business Journal A venture of Hoffman & Associates, Snell Properties, and Mitsui Fudosan America Inc. has lined up $195 million of construction financing to build 4600 Fairfax, a 420-unit apartment project in Arlington, Va. The seven-story project is being ...

Washington Business Journal An affiliate of Broadshore Capital Partners has put One Union Center, a 190,200‑square‑foot office building in Washington, D.C., on the sales market. JLL has the listing for the 11‑story property, at 810 First St. NE, which sits ...

Pittsburgh Business Times An affiliate of Roadside Development has paid $15.23 million, or $91.20/sf, for the Galleria of Mt. Lebanon, a multi‑level retail property totaling a little more than 167,000 square feet in the Pittsburgh suburb of Mt. Lebanon, Pa. ...

Baltimore Business Journal Amazon Data Services has paid $15.2 million, or $136.94/sf, for the 111,000-square-foot Stone Manor office building in Owings Mills, Md., a suburb of Baltimore. The tech giant purchased the building from T. Rowe Price Group, which is ...

Philadelphia Business Journal Cornerstone Cos. has paid $17.25 million, or $274.90/sf, for the 62,750‑square‑foot Stone Manor Medical Office Building in the Philadelphia suburb of Warrington, Pa. The Indianapolis healthcare real estate investor purchased the building from Carlino Commercial Development of ...

Philadelphia Business Journal DRA Advisors has paid $58 million, or $322,222/unit, for The Flats at Lansdale, a 180‑unit apartment property in the Philadelphia suburb of Lansdale, Pa. The New York investment firm purchased the six-building property from an affiliate of ...

Philadelphia Business Journal MRP Realty is offering for sale The Griffin, a 217‑unit apartment building in downtown, or Center City, Philadelphia. The Washington, D.C., company bought the property in 2014 for $33 million from Ashkenazy Acquisition Corp. of New York. At ...

Bisnow Comstock Holding Cos. has paid $40.2 million, or $217.30/sf, for the 185,000-square-foot office building at 2200 Woodland Pointe Ave. in Herndon, Va. The Reston, Va., investor acquired the property from Union Investment Real Estate GmbH Corp. National security contractor ...