Downie does it all
Michael Downie swept all categories in the Alexandria/Belle View office of Weichert, Realtors, this May. He led for number of units sold, the dollar amount earned, the number of units sold and listings obtained combined.

At the Alexandria/Mount Vernon office of Weichert, Realtors, Joyce Clevenger led the office in number of sales and dollar volume. Jose Flores led for combined units sold and listing obtained.  Topping the office in listings was Carmen Carrillo.
 
MPG Real Estate buys Braddock Place
MPG Real Estate in Bethesda has bought the Braddock Place office complex. Located in Old Town Alexandria, the 3-year-old, four-building property was purchased for $106.5 million from ING Clarion of New York. The seller had acquired it for $80 million three years earlier. Cassidy & Pinkard announced the Braddock Place transaction on June 18.

The complex includes three seven-story buildings and one four-story structure, which provide a total of 348,218 square feet. Located across from the Braddock Road Metro Station and one mile north of the Capital Beltway, Braddock Place is now 96 percent occupied. Tenants include the federal General Services Administration, General Dynamics and the National Industries for the Blind.

The seller was represented by Cassidy & Pinkard Colliers in Washington, D.C. Paul Collins, the agencys managing director, explained why Braddock Place had attracted several bids. The property is attractive because of the Metro, the amenities and people just love Old Town, he said. Bill Collins, Drew Flood and James Cassidy had joined him in handling the transaction.

Headquartered in Bethesda, MPG focuses on East Coast markets including the Washington, D.C. area.