BRAC

  • Lowe to Begin $70M Redevelopment of 13-Story Office Building in D.C. Suburb

    Four years after acquiring the property formerly known as 1411 Jefferson Davis Highway in Crystal City, Va., Lowe Enterprises has kicked off a $70 million redevelopment of the building in an endeavor that will become the 308,000-square-foot 1400 Crystal Drive.

    Northeast 02 April 2012 18:20
  • How will DoD's BRAC Affect Office REITs?

    By Jonathan Morris, Managing Director, Jones Lang LaSalle Inc.’s Capital Markets Group

    The federal government, principally the U.S. Department of Defense, has shifted into gear to reduce its use of office space in the Washington, D.C., metropolitan area through the Base Realignment and Closure initiative, which will have significant ramifications for office REITs.

    National 07 March 2012 20:54

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