Regions Midatlantic
Eaton Vance Funds Grab Two-Building Suburban D.C. Office Complex for $95M
Aug 8, 2008

A two-building office property occupied by CareFirst BlueCross BlueShield in Owings Mills, Md., has been sold to two owners. But the two funds are both managed by Eaton Vance Management's real estate investment group. Each acquired one of the 390,000-square-foot complex's structures from General Growth Properties Inc. Located at 10455 and 10453 Mill Run Circle, the office complex sits just a stone's throw from I-795 and less than an hour from Washington, D.C. Both buildings are 100 percent leased to the healthcare insurer under a long-term agreement.

 
Recent Midatlantic Headlines
AvalonBay Forms $950M Apartment Fund
Sept. 04, 2008
AvalonBay Communities Inc. has created a new fund that will focus on the acquisition and operation of apartment properties in high barrier-to-entry markets in the Northeast, Mid-Atlantic, Midwest, and on the West Coast.
1401 K St. Guardian Nabs DC Office for $54M
Sept. 04, 2008
The Tower Building, a 124,700-square-foot office property with a full tenant roster along Washington, D.C.'s famed lobbyist-laden K Street Corridor, has traded in a deal valued at $53.8 million.
Major Lease Renewed at Argon Plaza in Virginia
Aug. 26, 2008
Argon ST has renewed its lease of 165,000 square feet at Argon Plaza in Fairfax, Va.
Berkshire to Pay $50M for Partnership Interests in Philly High-Rise
Aug. 22, 2008
Boston-based Berkshire Income Realty Inc. will get its hands on the Executive House Apartments in Philadelphia now that it has entered into agreements to purchase the property in a transaction valued at a total of $50 million.
Neal Joins GVA Advantis as Chairman
Aug. 20, 2008
GVA Advantis said today that Jeffrey Neal has joined the company as chairman. Most recently, he was the co-founder and principal of the Washington-based real estate development company Monument Realty.