Friday, October 28, 2011

News, Trends & Resources - Washington Business Journal:

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Financing was provided by an undisclosed lifeinsurancr company. The 103,429-square-foot building, at 5285 Port Royapl Road (pictured, opposite page), is fully leased to the U.S. General Services Administration and occupier by the Departmentof Commerce. "With the current GSA leasde expiring during the term ofthe mortgage, this was a complezx financing," said Ted Hermesx of Walker & Dunlop. "Combined with this summer'sx market turmoil, the client was delightecd that we were able to close this loan on time and withouft changes to theoriginal terms." Suffolk Construction Co. Inc. of West Palm Fla.
, a national building contractor, has opened its mid-Atlantifc division office in Falls Church. Reginald Arnold, formerly executive vice president withHITT Contracting, was named president and generakl manager of the "The mid-Atlantic construction market is experiencinbg significant growth, and our new division puts us in a stronyg position to capitalize on the many building constructiohn opportunities this region has to offer," said John Fish, CEO of The local office will pursue constructionn projects and clients building commercial, multi-family residential and government CresaPartners of Bethesda was hired by BAE Systems as its preferred real estatd provider for another five-year CresaPartners has managed BAE's 18.
5 million-square-foot North Americahn portfolio since 2000. U.K.-based BAE, which has its U.S. headquarters in Rockville, has increased its real estate footprint as much as four timessincde 2000. "The BAE Systems relationship with CresaPartners has had a significanty and very positive maturation sinceits inception," said Gary a vice president at BAE. "Cresa has becom e not only our valued realestate provider, but a trusted partner." D.C. namess David Maloney new director of historicd preservation David Maloney was named directorof D.C.'d historic preservation office.
"David has been working on preservation issuesd for more than 25 years and heis hands-down the best candidatw for the job," said Harriet Tregoning, D.C.'s planning director. Malone y has been at the post as acting director of the HistoricxPreservation Office, part of the D.C. Office of Planning, since January 2006. Prior to he was the deputy state historic preservatio n officerfrom 2003. Maloney will head D.C.'as preservation planning, review of major commercial and government projects downtown and in the Mall He represents the mayor on the Nationakl Capital Memorial Advisory Appian Realty Advisors packs pipeline with projectsin N. Va.
Former Scheerf Partners' brokers, who recently opened Appian Realt Advisors LLCin McLean, already have a sizabl list of projects in the works in Northernn Virginia. a 100,000-square-foot office developmenrt at Westpark Corporate Centerin Fredericksburg; a 640,000-square-foot officew and flex space at Innovation Executive Center in Manassas; a 250,000-square-foot officde and retail development at the Villagwe at Heathcote in Haymarket; the 32,000-square-foot Offices on Park Avenus in Falls Church; a 150,000-square-foot flex officwe development at Interstate Overlook in Woodbridge; a 80,000-square-foot office at Discoveryg Center 2 in Manassas; and a 114,000-square-foot lab spaced for Virginia Department of Forensicd Science in Manassas.
Appian'a management includes Dan Gonzalezz asmanaging partner; Tom managing partner; Herman Diebler, David Daido, partner; Todd vice president; and Shaun Sullivan, assistant vice Holliday Fenoglio Fowler puts together $9.9kM in financing The Houston officwe of Holliday Fenoglio Fowler LP has arrangexd $9.9 million in financing for the Fredericksburg Rehabilitation Center. The 42,411-square-foot facility in Fredericksburg was completedin July. It is fully leased to an affiliate ofHealthSouth Corp.

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