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Thursday, 21 March 2002

Mid-Atlantic Regional Digest (3/22/02): Apartment Building Sited Near Grosvenor Metro Station

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March 22, 2002

Apartment building sited near Grosvenor Metro Station
The Washington Business Journal

WASHINGTON – Another development project is slated for the Grosvenor Metro Station. The Washington Metropolitan Area Transit Authority agreed today to a 99-year lease with Potomac Investment Properties, which plans to build a 422-unit apartment building next to the Red Line station. The proposed building site is used by Metro for parking and bus stops. PIP is already developing a new residential community just south of Grosvenor station.

O'Melveny & Myers to take chunk out of Eye Street office
The Washington Business Journal

WASHINGTON – O'Melveny & Myers law firm is planning to move from its Columbia Square office into 1625 Eye St. N.W., now under construction and slated to open in 2003. Market sources say the D.C. law firm signed a letter of intent for about 125,000 square feet in the Class-A, 383,000 sf, mid-block building being developed by Trammell Crow. Representatives of Trammell Crow could not be reached for comment. O'Melveny was the one of the first California-based law firms to open an office in D.C., and it did so in style. Its Columbia Square office, designed by I.M. Pei and Associates, is at Metro Center and near the White House.

Zoning fight enters round two in Marriottsville, Md.
The Baltimore Sun

MARRIOTTSVILLE, Md. – Marriottsville residents thought they had won a rare victory over one of Howard County's most successful developers when the county Zoning Board refused to rezone to commercial a residential parcel the developer owns. They may have celebrated too soon. In a rare reconsideration of a zoning case, the board has decided to vote again at a yet-unscheduled meeting. They will hear 30 minutes of arguments from each side. Developer Donald R. Reuwer Jr. petitioned for the review, contending that his land's zoning is "clearly" a mistake. The 2.4-acre parcel is at Route 99 and Marriottsville Road. Reuwer contends it is no longer suitable for houses because the intersection is busy and noisy.


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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Subject: Mid-Atlantic Regional Digest (MADIG)
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Data Digest







Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44




cppichart FP



CMBS 2.0 Spreads


Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41





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