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Housing History for the Taking at Quantico
Lustron houses were put up at Quantico Marine Corps Base in the 1950s for military personnel.
(Clark Realty)
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Space for Snyder
Now that Daniel M. Snyder and his allies have taken control of the Six Flags amusement parks, they apparently need some serious office space.
Red Zone LLC, the investment group headed by the Washington Redskins owner, signed a lease for 12,125 square feet in a 13-story office tower being built at 1800 Tysons Blvd. in McLean.
The 320,000-square-foot building, which is to be finished next month, is part of the Corporate Office Centre at Tysons II, an office, housing and retail complex developed by Lerner Enterprises of Bethesda. Tenants include PricewaterhouseCoopers, Houlihan Lokey Howard & Zukin, and Declaration Management & Research LLC.
Billion-Dollar Project
Bethesda-based Meridian Group Inc. is building a mixed-use complex near Route 7 and the Loudoun County Parkway in Ashburn. The project will include 3 million square feet of offices, 600,000 square feet of retail, a hotel, and more than 1,800 single-family houses, townhouses, condominiums and apartments. The office complex will include a World Trade Center building in an effort to attract companies involved in international trade. The developers said they also hope to attract biomedical and bioresearch firms because the site, a former sod farm, is near the new campus of the Howard Hughes Medical Institute.
Construction of the $1 billion mixed-use project is expected to start in the fall of 2007, and the first phase of the project is expected to be completed in the fall of 2008.
Closings
· Strategic Hotel Capital Inc. of Chicago said it paid $169 million to buy the five-star Four Seasons Hotel in Georgetown. The 211-room property was sold by the Louis Dreyfus Corp. The deal is expected in the next six to eight weeks.
· The 418-room Washington Marriott Hotel at 22nd and M streets NW was sold to a partnership group by the family of the late Ulysses G. "Blackie" Auger Sr. for an undisclosed price. The partnership includes Greenebaum & Rose Associates, a D.C. developer; New York-based Angelo & Gordon, an asset management company; and Philadelphia-based hotel investor Amerimar Enterprises. Marriott International Inc. of Bethesda will continue to manage the hotel, but the new owners plan to "spruce it up a bit," said Reid Liffmann, a partner at Greenebaum & Rose.
· Penzance Cos. of the District said it bought the Beaumeade Technology Campus, a 12-acre office complex with 133,000 square feet of flex space in Ashburn, for $15.3 million. Some of the space will be converted to office condominiums.
Dana Hedgpeth writes about commercial real estate and economic development. Her e-mail address ishedgpethd@washpost.com.


