DOCSLIB.ORG

Preliminary Official Statement -- WSSC CPI Bonds 2014

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Preliminary Official Statement -- WSSC CPI Bonds 2014 OFFICIAL STATEMENT DATED APRIL 15, 2014 NEW ISSUE – Book-Entry Only Fitch Ratings: AAA Moody’s Investors Service: Aaa Standard & Poor’s Ratings Services: AAA See “Ratings” In the opinion of Bond Counsel, (i) under existing law, interest on the Bonds is exempt from taxation by the State of Maryland and its counties and municipalities; no opinion is expressed as to estate or inheritance taxes or any other taxes not levied or assessed directly on the interest on the Bonds; and (ii) assuming compliance with certain covenants described herein, interest on the Bonds will be excludable from gross income for federal income tax purposes under existing statutes, regulations and decisions. Interest on the Bonds for federal income tax purposes is not includable in the alternative minimum taxable income of individuals, corporations or other taxpayers as an enumerated item of tax preference or other specific adjustment; however, interest on the Bonds may be taken into account in determining “adjusted current earnings” for purposes of computing the alternative minimum tax for corporations, and interest on the Bonds will be subject to the branch profits tax imposed on foreign corporations engaged in a trade or business in the United States of America. See “TAX MATTERS.” $197,395,000 WASHINGTON SUBURBAN SANITARY DISTRICT, MARYLAND (MONTGOMERY AND PRINCE GEORGE’S COUNTIES, MARYLAND) $150,000,000 $47,395,000 Consolidated Public Improvement Consolidated Public Improvement Bonds of 2014 Refunding Bonds of 2014 Dated: Date of Delivery Due: June 1, as shown on the inside front cover Interest Payment Date: June 1 and December 1, beginning December 1, 2014 Denomination: $5,000 or any integral multiples thereof Form: Registered, book-entry only through the facilities of The Depository Trust Company Optional Redemption: The Construction Bonds maturing on or after June 1, 2025 are subject to redemption prior to maturity without premium. The Refunding Bonds are not subject to redemption prior to maturity. See “DESCRIPTION OF THE BONDS – Redemption Provisions.” Security: The Bonds are payable from unlimited ad valorem taxes upon all the assessable property within the District. See “SUMMARY OF DISTRICT AD VALOREM TAXES, WATER, SEWER AND OTHER CHARGES AND REVENUES THEREFROM” herein Purpose: The Bonds will provide funding for (i) the construction or reconstruction of water supply facilities, water supply lines and transmission mains, sewage disposal facilities, sewer collection mains and trunk sewers, and for Commission-built water/sewer pipes in subdivisions and (ii) the refunding of the Refunded Bonds (as defined herein). See “USES OF PROCEEDS OF CONSTRUCTION BONDS” and “REFUNDING PLAN.” Bond Counsel: McKennon Shelton & Henn LLP Financial Advisor: Public Advisory Consultants, Inc. Paying Agent, Bond Registrar and Escrow Agent: The Bank of New York Mellon Trust Company, N. A. FOR MATURITY SCHEDULES, INTEREST RATES, AND YIELDS AND CUSIP NUMBERS, SEE INSIDE FRONT COVER The Bonds are offered when, as and if issued and subject to the unqualified approving opinions of McKennon Shelton & Henn LLP and other conditions specified in the Notices of Sale. It is expected that the Bonds will be available for delivery through the facilities of The Depository Trust Company, New York, New York, on or about April 29, 2014. MATURITY SCHEDULES $150,000,000 CONSOLIDATED PUBLIC IMPROVEMENT BONDS OF 2014 Maturity Principal Interest CUSIP Maturity Principal Interest CUSIP June 1 Amount Rate** Yield** Number† June 1 Amount Rate** Yield** Number† 2015 $5,000,000 5.00% 0.10% 940157WG1 2030 $5,000,000 4.00% 3.07*% 940157WX4 2016 5,000,000 5.00 0.34 940157WH9 2031 5,000,000 4.00 3.15* 940157WY2 2017 5,000,000 5.00 0.61 940157WJ5 2032 5,000,000 4.00 3.21* 940157WZ9 2018 5,000,000 5.00 0.89 940157WK2 2033 5,000,000 4.00 3.28* 940157XA3 2019 5,000,000 5.00 1.14 940157WL0 2034 5,000,000 4.00 3.33* 940157XB1 2020 5,000,000 5.00 1.49 940157WM8 2035 5,000,000 4.00 3.41* 940157XC9 2021 5,000,000 5.00 1.76 940157WN6 2036 5,000,000 4.00 3.46* 940157XD7 2022 5,000,000 5.00 1.99 940157WP1 2037 5,000,000 4.00 3.51* 940157XE5 2023 5,000,000 5.00 2.17 940157WQ9 2038 5,000,000 4.00 3.55* 940157XF2 2024 5,000,000 4.00 2.38 940157WR7 2039 5,000,000 4.00 3.60* 940157XG0 2025 5,000,000 4.00 2.54* 940157WS5 2040 5,000,000 4.00 3.65* 940157XH8 2026 5,000,000 4.00 2.65* 940157WT3 2041 5,000,000 4.00 3.70* 940157XJ4 2027 5,000,000 4.00 2.82* 940157WU0 2042 5,000,000 4.00 3.74* 940157XK1 2028 5,000,000 4.00 2.92* 940157WV8 2043 5,000,000 4.00 3.75* 940157XL9 2029 5,000,000 4.00 2.99* 940157WW6 2044 5,000,000 4.00 3.76* 940157XM7 $47,395,000 CONSOLIDATED PUBLIC IMPROVEMENT REFUNDING BONDS OF 2014 Maturity Principal Interest CUSIP Maturity Principal Interest CUSIP June 1 Amount Rate** Yield** Number† June 1 Amount Rate** Yield** Number† 2015 $14,390,000 2.00% 0.13% 940157XN5 2019 $4,620,000 5.00% 1.16% 940157XS4 2016 7,895,000 4.00 0.35 940157XP0 2020 4,730,000 5.00 1.48 940157XT2 2017 4,380,000 5.00 0.63 940157XQ8 2021 4,980,000 5.00 1.75 940157XU9 2018 4,410,000 5.00 0.91 940157XR6 2022 1,990,000 5.00 1.98 940157XV7 _____________ * Yield to first par call ** The rates shown above are the rates payable by the District resulting from the successful bids for the Bonds of each series on April 15, 2014 by a group of banks and investment banking firms. The successful bidders have furnished to the Commission the initial public offering prices or yields shown above. Other information concerning the terms of the reoffering of the Bonds of each series, if any, should be obtained from the successful bidders and not from the Commission. See “Sale at Competitive Bidding.” † CUSIP (Committee on Uniform Securities Identification Procedures) numbers have been assigned by Standard & Poor’s CUSIP Service Bureau, division of The McGraw-Hill Companies, Inc. that is not affiliated with the Commission and the Commission is not responsible for the selection or use of the CUSIP numbers. The CUSIP numbers are included solely for the convenience of bondholders and no representation is made as to the correctness of such CUSIP numbers. CUSIP numbers assigned to securities may be changed during the term of such securities based on a number of factors including, but not limited to, the refunding or defeasance of such securities or the use of secondary market financial products. The Commission has not agreed to, and there is no duty or obligation to, update this Official Statement to reflect any change or correction in the assigned CUSIP numbers set forth above. The use of CUSIP numbers in this Official Statement is not intended to create a database and does not serve in any way as a substitute for the CUSIP Service Bureau. -i- WASHINGTON SUBURBAN SANITARY COMMISSION 14501 Sweitzer Lane, Laurel, Maryland 20707 301-206-7069 www.wsscwater.com COMMISSIONERS Gene W. Counihan, Chair Christopher Lawson, Vice Chair Omar M. Boulware Mary Hopkins-Navies Hon. Adrienne A. Mandel Dr. Roscoe M. Moore, Jr. SENIOR STAFF Jerry N. Johnson General Manager/CEO Sheila R. Finlayson, Corporate Secretary Christopher V. Cullinan, Acting Chief Financial Officer and Treasurer Jerome K. Blask, General Counsel Letitia Carolina-Powell, Acting Budget Group Leader BOND COUNSEL McKennon Shelton & Henn LLP FINANCIAL ADVISOR Public Advisory Consultants, Inc. BOND REGISTRAR, PAYING AGENT AND ESCROW AGENT The Bank of New York Mellon Trust Company, N.A. Additional copies of this Official Statement can be obtained from J.D. Noell, Disbursements Group Leader, Washington Suburban Sanitary Commission, 14501 Sweitzer Lane, Laurel, Maryland 20707 (301-206-7069), or from Public Advisory Consultants, Inc., 25 Crossroads Drive, Suite 402, Owings Mills, Maryland 21117 (410-581-4820). Copies of the latest Official Statements of Montgomery County and Prince George’s County are available at the offices of the respective counties. THE COMMISSION HAS NOT UNDERTAKEN TO AUDIT, AUTHENTICATE OR OTHERWISE VERIFY THE INFORMATION SET FORTH IN ANY OFFICIAL STATEMENT OF MONTGOMERY COUNTY OR PRINCE GEORGE’S COUNTY. REFERENCE TO THE OFFICIAL STATEMENTS OF MONTGOMERY COUNTY AND PRINCE GEORGE’S COUNTY IS INCLUDED HEREIN FOR CONVENIENCE ONLY AND ANY INFORMATION INCLUDED IN SUCH OFFICIAL STATEMENTS IS NOT INCORPORATED HEREIN, BY REFERENCE OR OTHERWISE. -ii- This Official Statement does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Bonds by any person in any jurisdiction in which it is unlawful for such person to make such offer, solicitation or sale. The information set forth herein has been provided by the Commission, Montgomery County and Prince George’s County. No dealer, broker, sales agent, financial consultant or any other person has been authorized by the Commission, Montgomery County, or Prince George’s County to give any information or to make any representations, other than those contained in this Official Statement, and if given or made, such other information or representations must not be relied upon as having been authorized by any of the foregoing. The Commission believes that the information contained in this Official Statement is correct and complete and has no knowledge of any inaccuracy or incompleteness as to any of the information herein contained. The information and expressions of opinion herein are subject to change without notice and neither the delivery of this Official Statement nor any sale made hereunder shall, under any circumstances, create any implication that there has been no change in the affairs of the Commission, Montgomery County or Prince George’s County, from the date hereof.
Load more

Recommended publications
  • White Oak Science Gateway Master Plan Commercial Market Analysis
    East County Science Center Commercial Market Analysis Prepared for: Montgomery County Planning Department Maryland-National Capital Park and Planning Commission May 11, 2011 DRAFT Contents Executive Summary .................................................................................................................... ii I. Corridor History and Current Conditions .............................................................................. 4 Corridor Demographics ........................................................................................................... 7 II. Development Context ............................................................................................................. 8 Lessons Learned from Analogous Development Districts ..................................................... 8 University Connections ........................................................................................................ 8 Business Incubators ............................................................................................................. 9 Development Funding .......................................................................................................... 9 Multitenant Buildings........................................................................................................ 10 Key Success Factors ........................................................................................................... 10 Federal Anchors ................................................................................................................
    [Show full text]
  • Clarksburg, Maryland
    CLARKSBURG, MARYLAND PROPERTY OVERVIEW CLARKSBURG PREMIUM OUTLETS® JOINT VENTURE WITH NEW ENGLAND DEVELOPMENT CLARKSBURG, MD MAJOR METROPOLITAN AREAS SELECT TENANTS Frederick Baltimore: 47 miles Saks Fifth Avenue OFF 5TH, Banana Republic Factory Store, Coach, 70 Washington, D.C.: 34 miles kate spade new york, Michael Kors, NikeFactoryStore, Polo Ralph Lauren Baltimore Factory Store, Steve Madden, Tory Burch, Under Armour Clarksburg RETAIL 270 Columbia TOURISM / TRAFFIC 95 GLA (sq. ft.) 390,000; 90 stores Clarksburg Premium Outlets is a LEED certified center and the first OPENING DATES bi-level Premium Outlets in the United States. Clarksburg is located in the very affluent and densely populated Washington, D.C. suburbs of Opened October 2016 Montgomery County, MD. The county has a population of over one Washington million people, and is the 10th wealthiest county in the U.S., second wealthiest county in the U.S. of counties with over one million people. RADIUS POPULATION Additionally, the site is within 30 miles of four of the top ten wealthiest 15 miles: 700,726 counties in the U.S. (Montgomery, Howard, Loudoun and Fairfax). CLARKSBURG PREMIUM OUTLETS 30 miles: 4,285,461 Montgomery County borders the nation’s capital of Washington, D.C., CLARKSBURG, MD 45 miles: 8,020,590 which had approximately 20.2 million tourists in 2014. The site is located on the I-270 Technology Corridor (a 12-lane highway), AVERAGE HH INCOME a hub for federal government agencies such as National Institute of Health, 30 miles: $122,657 National Cancer Institute, National Institute for Standards and Technology, Department of Energy and Department of Health and Human Services.
    [Show full text]
  • Application Record
    Court File No. ONTARIO SUPERIOR COURT OF JUSTICE (COMMERCIAL LIST) IN THE MATTER OF THE COMPANIES’ CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED AND IN THE MATTER OF A PLAN OF COMPROMISE OR ARRANGEMENT OF PAYLESS SHOESOURCE CANADA INC. AND PAYLESS SHOESOURCE CANADA GP INC. (the “Applicants”) APPLICATION RECORD February 19, 2019 Cassels Brock & Blackwell LLP 2100 Scotia Plaza 40 King Street West Toronto, ON M5H 3C2 Ryan Jacobs LSO#: 59510J Tel: 416. 860.6465 Fax: 416. 640.3189 [email protected] Jane Dietrich LSO#: 49302U Tel : 416. 860.5223 Fax : 416. 640.3144 [email protected] Natalie E. Levine LSO#: 64980K Tel : 416. 860.6568 Fax : 416. 640.3207 [email protected] Lawyers for Payless ShoeSource Canada Inc., Payless ShoeSource Canada GP Inc. and Payless ShoeSource Canada LP TO: SERVICE LIST ATTACHED LEGAL*47453748.1 SERVICE LIST TO: Cassels Brock & Blackwell LLP Scotia Plaza 40 King Street West, Suite 2100 Toronto, ON M5H 3C2 Ryan Jacobs Tel: 416.860.6465 Fax: 416.640.3189 [email protected] Jane Dietrich Tel: 416.860.5223 Fax: 416.640.3144 [email protected] Natalie E. Levine Tel: 416.860.6568 Fax: 416.640.3207 [email protected] Monique Sassi Tel: 416.860.6572 Fax: 416.642.7150 [email protected] Lawyers for Payless ShoeSource Canada Inc., Payless ShoeSource Canada GP Inc. and Payless ShoeSource Canada LP, (collectively, the “Payless Canada Entities”) LEGAL*47453748.1 AND TO: Akin Gump Strauss Hauer & Feld LLP One Bryant Park New York, NY 10036-6745 Ira Dizengoff Tel: 212.872.1096 Fax: 212.872.1002 [email protected] Meredith Lahaie Tel: 212.872.8032 Fax: 212.872.1002 [email protected] Kevin Zuzolo Tel: 212.872.7471 Fax: 212.872.1002 [email protected] Julie Thompson Tel: 202.887.4516 Fax: 202.887.4288 [email protected] Lawyers for Payless Holdings LLC and its debtor affiliates AND TO: FTI Consulting Canada Inc.
    [Show full text]
  • CAM (Central American Minors) Parolee Resource Guide Maryland
    CAM (Central American Minors) Parolee Resource Guide Maryland Important Notes: This resource guide was prepared for advocates who assist CAM parolees. This guide provides a general overview of the types of benefits that CAM parolees may qualify for and locates helpful resources and services within each region. It is not an exhaustive guide. Particular circumstances of a client (e.g., pregnancy, HIV/AIDs, domestic violence, etc.) may qualify them for additional benefits that are not covered in this overview. This guide also includes references to “undocumented individuals” in case it is relevant to the CAM parolees’ other family members. To be clear, CAM parolees and their parent(s) are “documented.” CAM parolees have status under INA § 212(d)(5), 8 U.S.C. § 1182(d)(5) (discretionary parole for “urgent humanitarian reasons or significant public benefit”) and at least one of their parents must have had status (e.g., Temporary Protective Status/TPS or Lawful Permanent Resident/LPR, etc. ) to have been eligible for the CAM program. Information in this resource guide is not intended as, nor should it be considered, legal advice. Information in this guide is subject to change and should be verified with state and local agencies to ensure accuracy. That an organization, agency, or a program is listed in this resource guide does not imply an endorsement by either IRAP or IRC. About CAM Parolees and this Guide CAM parolees are minors from El Salvador, Guatemala, and Honduras who had a parent lawfully present in the United States, and who, while still in their home country, applied for the Central American Minors (CAM) program to be considered for refugee resettlement in the United States.
    [Show full text]
  • Francis Scott Key Mall PROPERTY HIGHLIGHTS Frederick, Maryland TRADE AREA
    francis scott key mall PROPERTY HIGHLIGHTS frederick, maryland TRADE AREA we’re preit ® and we build trust MALL HIGHLIGHTS Center Size 711,300 sf Year Opened 1978 Year Remodeled 1991 ANCHORS & JUNIOR ANCHORS Macy’s 139,300 sf jcpenney 101,300 sf Sears 120,800 sf Value City Furniture 47,500 sf DSW 17,500 sf Ethan Allen 15,600 sf Barnes & Noble 29,000 sf REstaURANTS & OUTPARCELS Miyako 4,800 sf Red Robin 5,700 sf OPENING FALL 2013 BJ’s Restaurant and Brewhouse 8,500 sf FEATURED RETAILERS Aéropostale American Eagle Outfitters Bath & Body Works Charlotte Russe The Children’s Place Crazy 8 Express Gap Hollister Justice p.s. from Aéropostale Victoria’s Secret Yankee Candle MALL INFO LOCATION OCCUPANCY SALES PER RESTAURANTS ENTERTAINMENT Zumiez RATE SQUARE FOOT & DINING HOME MALL INFO LOCATION OCCUPANCY SALES PER RESTAURANTS ENTERTAINMENT RETAILERS DEMOGRAPHICS HOUSEHOLD POPULATION EDUCARATE TION ATSQUTRACARETIONS FOOT & DINING MALL INFO LOCATION OCCUPANCY SALES PER RESTAURANTS ENTERTAINMENT TRADE AREA INCOME DATA RATE SQUARE FOOT & DINING PROPERTY HIGHLIGHTS Regional mall located in a Average daily vehicle traffic Average occupancy of 94% for the Frederick County’s population has sought-after bedroom community exceeds 242,000+; with 110,000 daily last five years. grown 20% from 2000-2010. MALL INFO LOCATION OCCUPANCY of WashingtonSALES PER D.C.REST andAURANT Baltimore,S ENTERT AINMENT travelers on I-270 commuting to RATE SQUARE FOOT & DINING MALL INFO LOCATION OCCUPANCY SALES PER RESTAURANTS ENTERTAINMENT HOTEL DATA EMPLOYMENT RETAILERS DEMOGRAPHICS HOUSEHOLD POPULATION EDUCATION ATTRACTIONS both 45 miles away. DAYTIME TRANSPORTATION DC MetroMILITARY area andREDEVEL 91,000OPMENT on I-70 RATE SQUARE FOOT & DINING INCOME DATA MALL INFO LOCATION OCCUPANCY SALES PER POPULARETAILERSTIONRESTAURANTS DEMOGRAPHICSENTERTAINMENTHOUSEHOLD POPULATION EDUCATION ATTRACTIONSThe mall is located in a prime RATE SQUARE FOOT & DINING commutingINCOME to BaltimoreDATA metro area.
    [Show full text]
  • Wheaton Is an Unincorporated Community in Montgomery County
    Georgia Avenue at University Boulevard – 1947 (formerly Old Bladensburg Road) heaton is an unincorporated community in now the location of the First Baptist Church of Wheaton . Montgomery County that started out as a The original farmhouse was the congregation’s first crossroads in the 1700s. The area has no church building. Wofficial governmental body, and all governmental functions are handled by agencies of the County. The greater part of Wheaton’s European settlement started with two tracts of land east of Rock Creek Wheaton was named after patented by Col. William Joseph in 1689; the 3,860 the Union General Frank acres called Hermitage; and parts of Joseph’s Park Wheaton, who defended tract of 4,220 acres. Col. Joseph’s son sold it in nearby Fort Stevens and 1705, when the area was still in Prince George’s Washington, DC in the Civil County. Prior to the arrival of the Europeans, the War against Confederate area was home to the native Piscataway. General Jubal Early’s attack in July 1864. As a result of In 1797, Robert Brown, who arrived in 1761 from the battle Gen. Wheaton Ireland, purchased part of the Hermitage tract. He became a folk hero, and was a skilled stonemason who worked on both the the post office was named White House and the Capitol. His son, also named in his honor by the area’s Robert Brown, continued to add to the holdings, first postmaster, George F. purchasing large portions of Wheaton and Kensington south to Forest Glen, and from Georgia Ave. west General Frank Wheaton Plyer in October 1869.
    [Show full text]
  • ",R FROM: Jeffrey L
    AGENDA ITEM #7 May 20,2010 Public Hearing MEMORANDUM May 18,2010 TO: County Council ",r FROM: Jeffrey L. Zyontz, Legislative Attorney·~~)L; SUBJECT: Public Hearing - Zoning Text Amendment 10-04, C-2 Zone - Automobile Filling Stations On March 16,2010 Zoning Text Amendment (ZTA) 10-04 was introduced by the District Council at the request of the County Executive. The ZTA would allow an automobile filling station as a permitted use in the C-2 zone if it is in a regional shopping center. Currently, filling stations are allowed in the C-2 zone only through the special exception process. The Executive believes that this ZTA would: 1) allow regional shopping centers to better meet the needs of their customers by enabling them to provide a broader range of services on site; 2) stimulate the revitalization of our shopping centers that are located in the C-2 zone; and 3) encourage additional capital investment in the County's shopping malls. The public hearing on ZTA 10-04 was initially scheduled for April 20, 2010, but the Council announced continuance of the hearing to May 20, 2010 at 7:30 p.m. before the public hearing was held on April 20. The Planning Staff report provided the following background: ZT A 10-04, if approved, . would have immediate application at Westfield Wheaton Shopping Center; Westfield Montgomery Mall; and White Flint Mall. The White Flint Mall is located within the White Flint Sector Plan where, under the recently approved sector plan, the shopping mall would be rezoned from the C-2 zone to the newly adopted CR zone.
    [Show full text]
  • Clarksburg, Maryland
    CLARKSBURG, MARYLAND PROPERTY OVERVIEW CLARKSBURG PREMIUM OUTLETS® JOINT VENTURE WITH NEW ENGLAND DEVELOPMENT CLARKSBURG, MD MAJOR METROPOLITAN AREAS SELECT TENANTS Frederick Baltimore: 47 miles Saks Fifth Avenue OFF 5TH, Banana Republic Factory Store, Coach, 70 Washington, D.C.: 34 miles Ermenegildo Zegna, kate spade new york, Michael Kors, Nike Factory Baltimore Store, Philipp Plein, Polo Ralph Lauren Factory Store, Salvatore Clarksburg RETAIL Ferragamo, Steve Madden, Tory Burch, Under Armour 270 Columbia 95 GLA (sq. ft.) 390,000; 90 stores TOURISM / TRAFFIC OPENING DATES A LEED certified center and the first bi-level Premium Outlets in the United States, Clarksburg Premium Outlets is located in the very affluent and Opened October 2016 densely populated Washington, D.C. suburbs of Montgomery County, Washington MD. The county has a population of over one million people, and is the 10th wealthiest county in the U.S., second wealthiest county in the U.S. of RADIUS POPULATION counties with over one million people. Additionally, the site is within 30 15 miles: 732,109 miles of four of the top ten wealthiest counties in the U.S. (Montgomery, CLARKSBURG PREMIUM OUTLETS 30 miles: 4,367,995 Howard, Loudoun and Fairfax). Montgomery County borders the nation’s CLARKSBURG, MD 45 miles: 8,117,475 capital of Washington, D.C., which had approximately 20.2 million tourists in 2014. AVERAGE HH INCOME The site is located on the I-270 Technology Corridor (a 12-lane highway), 30 miles: $125,779 a hub for federal government agencies such as National Institute of Health, National Cancer Institute, National Institute for Standards and Technology, Department of Energy and Department of Health and Human Services.
    [Show full text]
  • TRENDLINES® Twentythirteen TRENDS in WASHINGTON COMMERCIAL REAL ESTATE [ Succeeding in a Competitive Market ]
    TRENDLINES ® TRENDLINES® twentythirteen TRENDS IN WASHINGTON COMMERCIAL REAL ESTATE [ Succeeding in a Competitive Market ] [ Succeeding in a Competitive Market [ Succeeding in a Competitive Market ] SUCCEEDING IN A COMPETITIVE MARKET SUCCEEDING IN A COMPETITIVE MARKET A Collaborative Publication of Delta Associates, Partners in Excellence with Transwestern. © 2013. All Rights Reserved. You may neither copy nor disseminate this report. If quoted, proper attribution is required. To order your copy of TrendLines, contact the Publications Administrator at 703.836.5700. Foreword February 2013 To our friends, clients and colleagues: We are pleased to provide you this 16th annual edition of TrendLines: to find opportunity in this new, more competitive market. This report is our Trends in Washington Commercial Real Estate. This is a collaborative effort to help you sift through opportunities and take advantage of the best publication of Delta Associates and Transwestern. Our purposes are to ones 2013 has to offer. distill the trends of 2012 and to shed light on pivotal forces and issues that We know that those who invest in Washington from afar are prone to be we believe will affect the region’s economy and commercial real estate in caught up by negative press – we saw evidence of this as foreign capital 2013 and beyond. faded late in 2012 as the fiscal cliff neared. This is an advantage for A year ago in this space we spoke of the uncertainty that affected decision- local investors and developers who know this market best. The first half making in 2011, negatively impacting an expanding market, one that had of 2013 in particular is likely to be filled with dour political news as the shown its typical resilience in 2010.
    [Show full text]
  • THE MONTGOMERY COUNTY SENTINEL JUNE 8, 2017 EFLECTIONS R the Montgomery County Sentinel, Published Weekly by Berlyn Inc
    2015, 2016 MDDC News Organization of the Year! Celebrating 161 years of service! Vol. 162, No. 50 • 50¢ SINCE 1855 June 8 - June 14, 2017 TODAY’S GAS PRICE “We Are Still In” $2.39 per gallon County defies the President and vows to adhere to Paris Climate Accords nounced that the United States helping to finance energy-efficient Charging stations are usually By Vic Simon Last Week would leave the greenhouse gas re- retrofits in private buildings. installed in office and apartment $2.41 per gallon @vtime492 duction effort four days earlier. Area businesses and consumers buildings and parking lots. A month ago ROCKVILLE - “We are still Leggett cited the county’s Fis- appeared to remain on track for Inglisa said, “Our momentum $2.39 per gallon in” the Paris Climate Accord despite cal Year 2016 sustainability report, planned energy improvements. Joe is picking up for several reasons. the president’s decision to with- showing that it is well ahead of its Inglisa, who heads sales for Bowie- Many states and cities have their A year ago draw, declared County Executive own goals for “reducing greenhouse based SemaConnect, a manufactur- own environmental standards, and $2.39 per gallon Leggett, along with more than 1,000 gas emissions from government op- er and seller of electric vehicle there is no sign they are changing local, state-level and business lead- erations” and installing solar energy charging stations, said Trump’s an- anything. Maryland still has strong AVERAGE PRICE PER GALLON OF UNLEADED REGULAR GAS IN ers around the country this week.
    [Show full text]
  • Leesburg, Virginia
    LEESBURG, VIRGINIA PROPERTY OVERVIEW LEESBURG CORNER PREMIUM OUTLETS® LEESBURG, VA LEESBURG CORNER PREMIUM OUTLETS LEESBURG, VA 15 7 MAJOR METROPOLITAN AREAS SELECT TENANTS Leesburg Fort Evans Rd. Gaithersburg 107 15 White's (Bypass) Tysons Corner: 23 miles Saks Fifth Avenue OFF 5TH, Abercrombie & Fitch Outlet, adidas, Ann Ferry Greenwayr Dulles S y 15 270 c Take 2nd right Frederick Exit 1B o l l Exit 15N i n Washington, D.C.: 35 miles Taylor Factory Store, Armani, Banana Republic Factory Store, Brooks 28 7 R d . Leesburg 95 Baltimore, MD: 75 miles Brothers Factory Store, Burberry, Calvin Klein Company Store, Coach Rockville Baltimore P otomac D R Factory Outlet, DKNY Company Store, Elie Tahari Outlet, HUGO BOSS, iver u ll es J.Crew Factory, kate spade new york, LACOSTE Outlet, Michael Kors G RETAIL r ee Outlet, Nautica, NikeFactoryStore, Polo Ralph Lauren Factory Store, nw ay 7 GLA (sq. ft.) 478,000; 110 stores Restoration Hardware Outlet, Theory, Tommy Hilfiger Company Store, Dulles Airport 267 Arlington True Religion 50 28 Washington OPENING DATES 15 DC TOURISM / TRAFFIC Alexandria Opened 1998 495 Expanded 1999, 2000 Located in Loudoun County, which has the highest Median Household 66 95 Income in the United States. Fairfax County, which is next door, has the 2nd highest. PARKING RATIO 5.4:1 The average daily traffic on Rte. 7 is 46,000. The average daily count on the U.S. highway bypass south of Rte. 7 is 26,000; north of Rte. 7 is 8,500. RADIUS POPULATION 15 miles: 564,047 LOCATION / DIRECTIONS 30 miles: 3,310,789 45 miles: 6,507,549 The intersection of Rte.
    [Show full text]
  • Postdoctoral Fellows' Manual
    Postdoctoral Scholars Manual Compiled by the Graduate School and the Division of Research University of Maryland, College Park Welcome Postdoctoral scholars play an integral role in our intellectual and social environment. We look forward to your contributions to our community, and we invite you to take part in the facilities and activities that make the University of Maryland such a great place to work, study, and play. Whether it be advancing the frontiers of science, or moving the ball down the field in an intramural flag football match, we encourage you to take part in all that the University of Maryland and College Park has to offer. If you are new to the campus, you will find the following information to be very helpful in getting settled in. The manual includes everything from a checklist for essentials such as Photo IDs and email addresses to guides to on and off campus housing, dining, and recreation. Even if you have been on campus for years, you should find this manual to be a handy resource for on and off campus living. Patrick O'Shea Jeffrey Franke Vice President Interim Dean Office of Research The Graduate School POSTDOC CONTACTS Blessing Enekwe, Ph.D. Barbara Ferguson Coordinator Fellowships Coordinator Office of Postdoctoral Affairs The Graduate School The Graduate School 2131 Lee Building 2100A Lee Building University of Maryland, University of Maryland, College Park, MD 20742 College Park, MD 20742 Phone: +1 301 405-0371 Phone:+1 301 405-6009 Email: [email protected] Email: [email protected] 2 Table of Contents Welcome....................................................................................................................................................2 Postdoc Contacts ...........................................................................................................................
    [Show full text]