Thursday, October 20, 2011

Morning Real Estate Review


Counterfeit Bust: $3 Million In Goods Seized At D.C. Farmers Market (Huff Post) Law enforcement officials seized nearly $3 million worth of counterfeit goods at the Florida Avenue/Capital City Market on the corner of 5th Street NE and Neal Place.

Marriott International breaks ground in Ballston, renovates in Crystal City (Washington Business Journal) The Donohoe Cos. broke ground on the Residence Inn by Marriott Ballston at Founders Square, and Vornado completed the first phase of a multi-million dollar renovation at its Crystal City Marriott.

Home Properties Acquires Alexandria, Va. Apartment (PR Newswire) The 937-unit Newport Village was purchased for $205 million in cash, which equates to approximately $219,000 per apartment unit.

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