Colonial Place sold.RESTON, Va.--(BUSINESS WIRE)--March 15, 1995--Mobil Land Development Corporation (Mobil Land) and The Galbreath Company, partners in Colonial Village Associates, announced today the sale of Colonial Place Colonial Place is a residential neighborhood in Norfolk, Virginia. It is a peninsula bordered by 38th Street on the south, and surrounded on three sides by the Lafayette River. in Arlington, Va. to an institutional investor Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. client of the LNB LNB Low Noise Block LNB Laredo National Bank (Texas) LNB Low Noise Block downconverter (satellite television) LNB Low NOx Burner LNB Lubbock National Bank (Texas) Group. The transaction included an adjacent property. Colonial Place is an office complex with zoning for 725,000 square feet of office space situated on seven acres in the Courthouse Metro area This article is about the music production team. For the article about population centers, see metropolitan area. Metro Area are a Brooklyn-based dance music production team composed of Morgan Geist and Darshan Jesrani. of the Rosslyn/Ballston corridor of Arlington. Colonial Place currently has two 12-story office towers containing 500,000 rentable square feet plus land for a third building with about 225,000 additional square feet of office space. Completed in 1986 and 1988 respectively, One Colonial Place and Two Colonial Place are prominent landmarks along Wilson Boulevard. Each building offers a high ratio of windowed Win´dowed a. 1. Having windows or openings. offices and exceptional views of Washington, D.C. "Colonial Place's tenants admire its design and value its amenities," said Sandy Pearson, a vice president of Mobil Land. "Its strategic access to mass transit, major roadways, downtown D.C., and urban amenities in a suburban location has enabled it to remain fully leased and occupied through the recent real estate recession. This transaction represents exceptional value to both the seller and the purchaser." This week, Mobil Land will also open the Broadlands marketing and sales center on Saturday. Broadlands is a new 1,500-acre planned community in nearby Loudoun County. Broadlands is a Mobil Land joint venture with The Van Metre Companies. Mobil Land Development Corporation is an affiliate of Mobil Corporation (NYSE NYSE See: New York Stock Exchange :MOB) It's one of America's largest community developers with projects nationwide. CONTACT: Mobil Land Development Corporation, Reston Gail Campbell Woolley, 703/846-2500 KEYWORDS: VIRGINIA INDUSTRY KEYWORD: REAL ESTATE REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-330-5311 or |
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