The long-awaited redevelopment of Alexandria’s Landmark Mall is moving forward with a new development partner and plans for a large new hospital. Howard Hughes Corp. and Seritage Growth Properties, the owners of the 52-acre mall site, brought on Foulger-Pratt as a joint venture partner and announced an agreement Tuesday with Inova Health System to includeContinue reading “Inova, Foulger-Pratt Sign On To 4M SF Redevelopment Of Landmark Mall”
Monthly Archives: December 2020
CITY OF ALEXANDRIA, DEVELOPMENT PARTNERSHIP, INOVA HEALTH SYSTEM ANNOUNCE PLANS FOR MIXED-USE COMMUNITY AND STATE-OF-THE-ART MEDICAL CAMPUS AT LANDMARK
ALEXANDRIA, VA (December 22, 2020) – A joint venture that includes Foulger-Pratt, The Howard Hughes Corporation ® (NYSE: HHC) and Seritage Growth Properties (NYSE: SRG) today announced an initial agreement with the City of Alexandria and Inova Health System to advance the development of the much-anticipated four million-square-foot community to include a new hospital campusContinue reading “CITY OF ALEXANDRIA, DEVELOPMENT PARTNERSHIP, INOVA HEALTH SYSTEM ANNOUNCE PLANS FOR MIXED-USE COMMUNITY AND STATE-OF-THE-ART MEDICAL CAMPUS AT LANDMARK”
Tysons Office Owners Still Waiting For Shift to Suburbs As Leasing Remains Slow
Tysons, one of the country’s largest suburban office hubs, appears well-positioned to benefit from an anticipated pandemic-related shift in demand away from downtowns. But while office developers in the market hope to capture that demand, they have yet to see it materialize. Tysons has 31M SF of office space, the largest submarket in the D.C. suburbs, according to Transwestern. It experienced negative absorptionContinue reading “Tysons Office Owners Still Waiting For Shift to Suburbs As Leasing Remains Slow”