Virginia State Route 7

Brandywine Realty Trust Announces Fourth Quarter, Full Year 2023 Results and Initiates 2024 Guidance

Retrieved on: 
Wednesday, January 31, 2024
FFO, Absorption, Roosevelt Boulevard, Chester Road, Brandywine Realty Trust, Tenant, BDN, Virginia State Route 7, Sale, NOI, Trustee, Self storage

PHILADELPHIA, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2023.

Key Points: 
  • PHILADELPHIA, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2023.
  • “We accomplished or exceeded many of our 2023 business plan objectives including our same store results and rental rate mark-to-markets,” stated Jerry Sweeney, President and Chief Executive Officer of Brandywine Realty Trust.
  • We received net cash proceeds of $13.8 million and recorded a gain of $7.7 million during the fourth quarter of 2023.
  • We leased approximately 240,000 square feet and we commenced occupancy on 209,000 square feet during the fourth quarter of 2023.

Toll Brothers in Partnership with Loudoun Freedom Center Announces New Development Plans for Mercer Crossing

Retrieved on: 
Monday, June 21, 2021
Washington metropolitan area, Geography of Virginia, Margaret Mercer, Virginia, Regions of the United States, Loudoun County, Virginia, Loudoun County Public Schools, Virginia State Route 7, Belmont, Virginia, Ashburn, Belmont Manor House

FORT WASHINGTON, Pa., June 21, 2021 (GLOBE NEWSWIRE) -- Toll Brothers , the nations leading builder of luxury homes, and the Loudoun Freedom Center today announced plans for the 108-acre Mercer Crossing development located at Route 7 and Belmont Ridge Road in Ashburn, Loudoun County, Va.

Key Points: 
  • FORT WASHINGTON, Pa., June 21, 2021 (GLOBE NEWSWIRE) -- Toll Brothers , the nations leading builder of luxury homes, and the Loudoun Freedom Center today announced plans for the 108-acre Mercer Crossing development located at Route 7 and Belmont Ridge Road in Ashburn, Loudoun County, Va.
  • The plans, which have been submitted to Loudoun County for review, include four acres of additional land to be donated by Toll Brothers to the Loudoun Freedom Center for the build out of its facilities.
  • Toll Brothers previously conveyed 2.75 acres of land now known as the historic African American Burial Ground for the Enslaved at Belmont to the Loudoun Freedom Center in 2017.
  • The Mercer Crossing development is named for Margaret Mercer (1791-1846), an abolitionist and educator who purchased the property in 1836.

Merritt Construction Services Awarded Contract to Complete Section of Crosstrail Boulevard

Retrieved on: 
Tuesday, July 28, 2020
Washington metropolitan area, Types of roads, Geography of Virginia, Road transport, Land transport, Ashburn, Virginia, Virginia State Route 7, Loudoun County, Virginia, Boulevard, Parkway, Washington & Old Dominion Railroad Regional Park

Ashburn, VA, July 28, 2020 (GLOBE NEWSWIRE) -- Merritt Construction Services announced today that it has been retained by DMM Tuscarora LLC and the Loudoun County Department of Transportation and Capital Infrastructure (DTCI) to construct a segment of Crosstrail Boulevard between Kincaid Boulevard and Russell Branch Parkway.

Key Points: 
  • Ashburn, VA, July 28, 2020 (GLOBE NEWSWIRE) -- Merritt Construction Services announced today that it has been retained by DMM Tuscarora LLC and the Loudoun County Department of Transportation and Capital Infrastructure (DTCI) to construct a segment of Crosstrail Boulevard between Kincaid Boulevard and Russell Branch Parkway.
  • Loudoun County is pleased to partner with Merritt Construction Services who have demonstrated their ability to successfully undertake complex and challenging projects like the Crosstrail Boulevard project, said Joe Kroboth, Director, Department of Transportation and Capital Infrastructure.
  • Providing commuters with an alternate route between Route 7 and Sycolin Road, the new four-lane, divided road segment will extend Crosstrail Boulevard from Kincaid Boulevard to Russell Branch Parkway.
  • Whether serving as general contractor, construction manager or design-builder, Merritt Construction Services offers full-service construction capabilities through all phases of development, from feasibility to commissioning.

LMC Development Lumen Honored With Grand Aurora Award

Retrieved on: 
Wednesday, September 25, 2019
Geography of Virginia, Northern Virginia, Tysons, Virginia, Greensboro station, Lumen, Virginia State Route 7, Baltimore–Washington metropolitan area

TYSONS, Va., Sept. 25, 2019 /PRNewswire/ --LMC, a leader in apartment development and management, was recently honored with a Grand Aurora Award at the Southeast Building Conference for its Lumen at Tysons apartment community in Tysons, Va. Lumen was recognized as the Best On The Boards Mixed Use or Multifamily Community.

Key Points: 
  • TYSONS, Va., Sept. 25, 2019 /PRNewswire/ --LMC, a leader in apartment development and management, was recently honored with a Grand Aurora Award at the Southeast Building Conference for its Lumen at Tysons apartment community in Tysons, Va. Lumen was recognized as the Best On The Boards Mixed Use or Multifamily Community.
  • Lumen sits at the northwest intersection of Leesburg Pike and Chain Bridge Road and within steps of the Greensboro Metro Station.
  • "We're honored to be recognized with a prestigious Grand Aurora Award, which we believe is a humbling testament to our team's commitment to excellence in the development process," said Todd Farrell, president of LMC .
  • LMC has a 26,300-unit pipeline of communities ranging from operating to under development that exceeds $9.6 billion and consists of high-rise, mid-rise and garden apartments.