Featured Articles

Commercial Real Estate Developers Ranked by Metro-Area Square Feet Under Construction.

Paralyzed by the credit crisis, the commercial real estate industry is the latest to seek a government bailout of sorts. In November, a dozen real estate development groups banded together to ask Uncle Sam for help avoiding looming defaults, foreclosures and bankruptcies.

Commercial Real Estate Leasing Brokers Ranked by Revenue from 2007 Metro-Area Leasing Operations.

Property Management Companies Ranked by Commercial Square Feet Managed in the Metro Area.

Wos, that title's quite a pitch, but apparently it's for real. In February, Philly-based Pew Charitable Trusts purchased a 10-story new regional headquarters at 901 E Street, taking the top four floors for itself. But because they're a 501(c)(3), they intend to lease the remaining 125k SF to other non-profits. That means space that might normally go for $60 SF full-service has been marked down to $52. That also means their brokers phones have been ringing off the hook.

Transwestern and CPN joined in Washington, D.C., in February for the fifth annual commercial real estate investors' roundtable, which preceded the annual Washington, D.C.-Baltimore commercial real estate TrendLines event, hosted by Transwestern research arm Delta Associates. Moderated by Transwestern senior vice president David Popp and CPN editor-in-chief Suzann D. Silverman, the discussion among investors and developers active in the Washington, D.C., area covered topics from pricing and competition to green building.

XSport Fitness is moving into 56k SF at 4301 King Street in Alexandria, taking over space once occupied by the Center Club. Northwestern Mutual Life owns the 800k SF building, called Park Center; Cambridge Property Group handles its leasing and building management. Cambridge EVP Ben Eldridge, and VP Ingo Mayr represented Northwestern and Alex Green of Woodmark represented the tenant.

Fitness Center to Occupy Space in Kiosk Building for 15 Years XSport Fitness signed a 15-year lease for 55,770 square feet at 4300 King Street in Alexandria, VA. Starting this fall, the fitness center will occupy 8,000 square feet on the ground floor and an additional 47,700 square feet on the lower levels. The space was formerly the Center Club and will undergo an extensive renovation over the next several months.