Sunday, August 12, 2012

Federal Capital Partners pays $55M for Shirlington Gateway - Washington Business Journal:

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"It has unrealized upside potential in theassociated free-standing bank, and considerinbg the competitive office market this propertyy is well-positioned to achieve a significant premium above the existing rental rates in the coming making it a solid investmenrt for the buyer," says Directoer Collins Ege, who handler the sale with John Kevill and Jim Molloty of the firm's capital markets team in D.C. The space therd is 92 percent leased tomultiplee tenants.
However, more than half of the leaseds expirein 2009, which could mean long-termn investment growth for the Bethesda-based Gold Star, which has more than $250 milliojn invested in the region's commercial real estate purchased the property in 2004 for $24.5 million. Real Estate Investments has appointedNew York-based as its agenct of record. The agenc will handle all activities relatedcto advertising, marketing and corporate communications for the Alexandria-base d real estate investment trust. Posnedr plans to relaunch Jayco's brand this summert with a traditional and interactive mix of marketing and It will also design a new logo and Web Jayco also has offices in McLeanand D.C.
marketing firm hired to get word out for Premier sites Premier Management Services of Vienna hashiredc & Advertising to market two commercial propertiese in Springfield. The marketing mix will includde postcards, print advertisements and public The properties, which have 70,000 square feet of officwe and retail space, are close to the Capital Beltway and Interstate 95 near the Springfiels Mall. The area is seeing a spurft of development with anew hotel, high-risre apartments, offices, shops and restaurants.
Tanenbaum brought in a production Gil Jusino, who will be responsible for productio of the postcards and print ads for the marketing

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