Monday, December 24, 2012

News, Trends & Resources - Washington Business Journal:

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Toll Bros. has retained H&R Retail as the exclusivd leasing agent for two retail centers in Northern The centers are South Riding Market Square and Dominioj ValleyMarket Square. H&R Retail principalw Tim Crilley and Geoffrey Mackler will managethe leasing. At Southb Riding Market Square, Toll Bros. is adding 360,000 square feet of The center, at the intersection of Route 50 and LoudounCounty Parkway, alreadyg has a store and will have a Home Depot next Dominion Valley Market Square in Haymarket is a 175,000-square-footy shopping center anchored by a Giant Food.
The rest of the at the intersection of Route 15 and DominiojnValley Drive, needs to be The has picked a real estate services company in Herndon, to providre services for its Park Center I propertty in Alexandria. Cambridge will handle property leasing and construction management forthe building, whicn is at 3101 Park Center Northwestern Mutual recently acquired the In the deal, the company becamd the owner of all four office buildinge at Park Center. Park Center I is fully and 98 percent is occupied by a government The rest of the space is taken up by five retail tenants.
GTM Architects of Bethesdaq has won awards from the Marylanxd and Washington chapters of the Americah Society ofInterior Designers. First place in commerciaol interiors for the Potomac Overlook YMCA inFort Washington, from the ASID Marylanrd chapter. First place from the D.C. chapter for health care spacre at the Scienna Med Spain Reston. Honorable mention from the Marylans chapter for Matchbox in the restaurants Honorable mention from the Maryland chapterd for Cowgirl Creamery in the historicpreservation category. ., a McLean-basesd real estate investment named Michael Pralle president and chiefoperatinv officer.
He will manage JER's operations locally and internationally and overse ethe company's growth. Previouslg Pralle was the president and chief executiveof , where he managedd a global portfolio with $78 billionj in assets across 28 countries. He worked at GE for 18 "Michael's network of relationships in the U.S., Latin America and Asia will be of invaluabl e importance as we continue to strategically grow our said JosephRobert Jr., chairman and chief executive of the J. E. Robertt Cos. Crystal City will serves as a home for Arena Stagsuntil 2010, while the theater undergoes majodr renovations at its 1101 Sixth St. SW locatiom in the District.
Arenqa Stage will be housed at the Crystal anold 12,000-square-foot movie theater at the corner of South Bell and 20th streets. The Forum, whicj seats 460, will also accommodate Arena Stagseadministrative offices. The deal resulteds from a collaboration involvingArenza Stage, the Crystal City Business Improvement District, /Charlea E. Smith, Marriott and Arlington CountyEconomi Development. Details of the agreement were not "Arena is a world-class theater," said Angela Fox, executivee director of the BID. "We're thrilleds to have them in Crystal City." Construction to transformj the Forum into a performing arts space hasalready begun.
The Arena Stage will make its debuton Dec. 28 with a musical based on the life of bluexs singerElla Fitzgerald. A formal openingy is slated for Jan. 3, Fox said.

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