News

Morning Notes

Challenges for Crystal City — Vornado Realty Trust, which owns half of the commercial real estate, is struggling to fill 2.4 million square feet of office space in Northern Virginia being vacated by government agencies, largely as a result of the military’s Base Realignment and Closure (BRAC) Commission. [Washington Post]

Romney Office Opens in Arlington — Republican presidential candidate Mitt Romney’s “Virginia Victory Office” — in Virginia Square — held a grand opening ceremony over the weekend. The special guest for the event was Wisconsin Gov. Scott Walker (R). [Sun Gazette]

Financing Secured for Pike Development — The Penrose Group, a Vienna-based developer, has raised $92 million to finance construction of “Pike 3400,” a 257-unit apartment building planned for the former Rosenthal dealership site at the corner of Columbia Pike and S. Glebe Road. [Washington Business Journal]

Flickr pool photo by Wolfkann

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