GE Asset Mgmt. Sells Stake in 2 VA Offices for $105M

GE Asset Management sold its 75 percent interest in Metro Place III and IV, a 325,328-square-foot office portfolio in Merrifield, VA, for an implied value of $ 105 million or $ 323 per square foot. First Potomac Realty Trust (NYSE: FPO) purchased a 51 percent interest in the property
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WRIT To Sell Industrial Portfolio, 2 Offices for $350M

Washington Real Estate Investment Trust agreed to sell its 16-building industrial portfolio and two office properties in Maryland, Washington, DC, and northern Virginia for $ 350 million. AP AG Portfolio LLC, a partnership led by AREA Property Partners Value Enhancement Fund VII LP an
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