Falls Church, Va. — Phillips Realty Capital has arranged a $90 million permanent loan for West Broad Residences, a newly built seven-story mixed-use complex in Falls Church, roughly nine miles west of Washington, D.C.
Virginia
Ashburn, Va. — Retail Properties of America Inc. (RPAI) has entered into an agreement to acquire One Loudoun Downtown, a retail and office portion of the 360-acre One Loudoun mixed-use development in Ashburn, for a gross purchase price of $163.1 million.