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The Washington, D.C., investment market maintained its strong momentum with the sale of 1150 18th Street, N.W., for $62.7 million. A&A 1150 18th Street Associates L.L.C. sold the 173,010-square-foot property located in D.C.'s central business district to U.S. Property Fund III, which is sponsored by TMW, a division of Prudential Real Estate Investors.

Sometimes it's easier to buy in bulk. NVOP, an affiliate of Milwaukee-based insurance company Northernwestern Mutual (www.nmfn.com), acquired a seven-building, 519,609-square-foot portfolio in Fairfax County for $80 million in a deal that closed in late June. The seller was Orlando-based A&A Investment. The buildings, dispersed throughout Fairfax, Reston and Vienna, collectively are 84 percent leased and occupied.

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Beacon Buys 1615 L Street, NW in Washington Beacon Capital Partners L.L.C. purchased 1615 L Street, NW in Washington, D.C. The 400,000-square-foot office property sold for $123.8 million or $309 per square foot. Halle Enterprises and Cambridge Property Group sold the building, which has floor plates of up to 40,000 square feet on the upper floors.

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Beacon Fund Shopping DC Offices Beacon Capital Partners is about to market a Washington office building that is valued at about $130 million.

When Developing laboratory space, there are myriad issues that a life sciences companies face, especially in today's real estate market which is rife with high vacancy rates and landlords hunting desperately for tenants.