Corporate Office Properties Trust, based in Columbia, Md., has acquired five Class A office buildings totaling 433,814 square feet in the Herndon and Dulles South submarkets. The buildings are One and Two Dulles Technology Center and One, Two and Three Ridgeview at Westfields. The buildings are 96 percent leased. Purchase price was $75.2 million. They bring Corporate Office Properties' ownership in Northern Virginia to over 1.6 million square feet.
In a recent statement, Long & Foster Companies reported that total sales for June reached an all-time company record of $4.6 billion for the month. The previous record month was May, 2003, with $4.4 billion in sales. Sales levels are up 28 percent year-to-date over last year's record levels. The report factors in sales figures from Long & Foster Real Estate, Inc. and Prosperity Mortgage, the firm's mortgage affiliate. The company is based in Fairfax.
Weichert Realtors' Herndon office, 13079 Worldgate Drive, has announced the achievements of several sales associates for March. Ginger Wassum was honored as top producer with the most resale revenue units and the highest dollar volume. Ron Layton generated the most listings and the most listings sold. Martha Cheyne-Ramirez was recognized as the top sales associate.
Weichert, Realtor’s Herndon Office has honored two employees for being the top producers in April and May. Anne Flynn generated the most sales as well as the most resale revenue units and the highest dollar volume. Ron Layton generated the most listings and the most listings sold.
The Herndon office reported closing May with 23 sales.
Weichert, Realtors has honored several sales associates for their achievements in June. Martha Cheyne-Ramirez was honored as the top producer with the most resale revenue units and the highest dollar volume. Ron Layton generated the most listings and the most listings sold. Carolina Casais was recognized as the top sales associate.
The Virginia office of Randall Hagner Ltd. has continued the lease of Guident Technologies at 585 Grove St., Herndon. Larry Craft and Joanne Harwood of Randall Hagner Ltd. represented the building owner, Heritage Education Trust.
Smart Commute is a new initiative encouraging home ownership near public transportation throughout the Washington region. Due to a partnership between local governments, transportation and housing partners, SunTrust Mortgage, Inc., Chevy Chase Bank/B.F. Saul Morgage Company and Fannie Mae, home buyers in and around Washington D.C. have an opportunity to qualify for a mortgage with the help of savings realized from using public transportation. For more information call 1-800-732-6643 or visit www.metroopensdoors.com, www.mwcog.org, and www.commuterconnections.com.