IBM Corp. has signed a long-term lease with Spaulding and Slye Corp. for the 167,000-square foot building being constructed on Rockledge Executive Plaza near the new Marriot Corp. headquarters and Martin Marietta in North Bethesda. IBM plans to consolidate its administrative staff for its federal systems division in the building, which is to be finished in a year.
George Hyman Construction Co. has named E. L. Moore Jr. vice president. Moore, who joined the Bethesda-based company in 1964, is in charge of purchasing for all major construction projects.
Sherman and Hattie Parker, who celebrated their 60th wedding anniversary last July, recently moved into a $61,900 condominium apartment in Summit Court in the Fort Lincoln new town in Northeast. The Parkers, who are retired, sold their four-bedroom home at 1522 Hamlin St. NE for $85,000 and bought the three-bedroom condo for $61,900, paying cash so that their monthly costs will be restricted to taxes and condo fee of $44.75. Since moving into the all-adult section of Fort Lincoln, the Parkers have seen a new section of similar apartments near completion at a price $5,000 more per unit than they paid after signing a contract last fall.
James Rouse, the mortgage banker who played the leading role in the creation of the 13-year-old new town of Columbia, is a member of the board of editorial advisers of the Eton Journal. Newly founded and published in Boston, it seeks to give a comprehensive view of the national real estate market. The first edition included a graphic index of profitability showing that Dallas, Houston and this Washington area are leaders, whereas Atlanta, Kansas City, Los Angeles and Pittsburgh have flat lines for relative growth.
James Lovejoy, regional director for the Realty World franchise network, contends that the emergence of more franchise organizations and firms with multi-office operations, will increase competition for the benefit of clients. An estimated 28 percent of the membership of the National Association of Realtors now is affiliated with some franchise organization. Two years ago the percentage was only 12.
William J. Levitt, whose name became synonymous with housing middle-income Americans in sub-urban subdivisions after World War II, is one of the 17 men chosen to be inducted May 19 into the Housing Hall of Fame established by the National Association of Home Builders. Another inductee is this third year of "fame" selections is Washington's octogenarian builder-Realtor Waverly Taylor.
The Washington Metropolitan Area Transit Authority has issued a prospec- tus for lease and development of Lot 64, Square 220 on the southwest corner of 14th and I streets NW, a razed 17,710-square-foot plot where a Metro entrance is located.
Satellite Business Systems has signed a $22-million, 10-year lease for the new John Marshall building developed by David Evans at 8283 Greensboro Dr. the Tysons Corner area.
William Lawerence has been named resident manager of the Oakwood Apartments-South in Alexandria. He will oversee administration for the 1,524-unit complex, which is owned by R & B Development Co. of Los Angeles.
Golubin & Warwick Inc. Realtors is marking its 10th anniversary. It was founded by the late Patricia Golubin and now is headed by her son, Gregory. Based in Alexandria, the firm has two branch offices and plans to open two more.
A new program of the Veterans Administration will help buyers finance energy-saving improvements to an existing house. Information is available at the VA office at 941 North Capitol St. NE, phone 872-1151.
Donald Shamblin has been named office manager of the Dale City-/Woodbridge office of Better Homes Realty Inc.
Universal Insulation, a subsidiary of Davenport Insulation Co., has moved into a new 5,000-square-foot office and warehouse facility in Woodbine, Md.
The area chapter of the Community Association Institute will meet Wednesday evening at the Holiday Inn in Tysons Corner. The topic will be the investment of condominium funds.
Lewis & Silverman Realtors has opened a residential sales office at 11150 Main St. in Fairfax City.
Holley, Hargett & Spain/Better Homes & Gardens, has opened new offices in Fairfax City and Manassas.
Charles A. Skirven Inc. Realtors has opened an office in Severna Park Village in Anne Arundel County. The office is affiliated with the Homes for Living network.
William K. Cleaveland has been named executive director of the Associated Builders & Contractors Inc. of Northern Virginia, which represents 175 commercial and industrial contractors.
Thomas Stevens has been named regional vice president and manager of the Shannon & Luchs residential sales in Virginia, where he also manages the Vienna office.
The third building of the Air Rights Plaza complex at Wisconsin Avenue and East-West Highway in Betheda has been opened to new tenants, including a division of Exxon, John Hancock Mutual Life Insurance Co., Wang Laboratories and Booz-Allen & Hamilton Inc.