Developers Duel for Right to Herndon Site

The law firm Akin Gump Strauss Hauer & Feld LLP renewed its long-term lease of 290,000 square feet at 1333 New Hampshire Ave. NW, a building owned by Boston Properties Inc., one of the largest developers in the District.

Stephen Goldberg Cos. of the District paid $22.4 million, or $191 a square foot, for the Burtonsville Office Park, a 116,000-square-foot complex at the intersection of Route 29 and Route 198 in Montgomery County. GVA Advantis represented the seller.

Manekin LLC of Columbia started construction of the first buildings in a 400,000-square-foot project of flex office space, research and development offices and stores in Waldorf at Route 228 and Western Parkway, one block west of Route 301. The $50 million project is expected to be completed over the next decade.

Transwestern Investment Co. of Chicago bought 801 Follin Lane, an office building of about 200,000 square feet in Vienna, for $25.4 million. Jones Lang LaSalle represented the seller.

First Potomac Realty Trust of Bethesda said it paid $60.2 million for three Virginia properties, totaling more than 1 million square feet of space, in Sterling, Manassas and Chesapeake.

An affiliate of RCP Development Co. of the District, with its partner Citigroup Property Investors, the real estate arm of Citigroup Inc., said it plans to invest about $100 million over the next few years to buy property in the Washington area.

WDG Interiors of the District said it finished designs to redevelop the 152,000 square feet of space at 5107 Leesburg Pike in Falls Church for a division of the Justice Department.

Dana Hedgpeth writes about commercial real estate and economic development.

Her e-mail address ishedgpethd@washpost.com.