‘Luxury’ Apartment Rent Falling in Arlington — Rents for Class A apartments in Arlington and Alexandria fell 4.5 percent in the second quarter of 2013, “a clear sign that the supply of new apartments is catching up to demand.” The average Class A rent in Arlington and Alexandria is $1,973 a month. [UrbanTurf]
Kroger Buys Harris Teeter — Ohio-based grocery chain Kroger has purchased Harris Teeter. So far, the company is not planning any significant changes for Harris Teeter stores, which will retain their branding and management. [Washington Post]