Adrian Maties
Apartment Rental Market Drives Property Sales
By Adrian Maties, Associate Editor
Confidence is returning to Cincinnati’s rental market, and that is encouraging investsors to buy. So far this year, investors have spent nearly $107 million to purchase hundreds of apartments that range from student housing to higher-end […]
Baltimore’s Inner Harbor to Get New Tenant; Phillips Seafood to Get New Home
By Adrian Maties, Associate Editor
Phillips Seafood announced last week that it will open a 500-seat restaurant by early October at the Inner Harbor’s Power Plant, in space left vacant last summer by ESPN Zone. By September 30, the restaurant in […]
Telford Aviation Moving to the Aberdeen Proving Ground
By Adrian Maties, Associate Editor
Defense contractor Telford Aviation, Inc., a division of ACC Holding, Inc., has leased 11,160 feet of space at The Government and Technology Enterprise (The GATE), a state-of-the-art office and technology business park for lease to government […]
Cleveland Development Projects Drive City Improvement
By Adrian Maties, Associate Editor
Cleveland has reached a turning point. For the first time in many years and despite many challenges (a shrinking population, high unemployment and the scars of years of residential and corporate flight to the suburbs), the […]
Viking Partners Launches Second Fund
By Adrian Maties, Associate Editor
Private equity real estate investment firm Viking Partners L.L.C., based in Blue Ash, is striving to take full advantage of the continued distress in the commercial mortgage market by starting its second fund. It plans to raise $50 million.
The […]
The Ups and Downs of Baltimore’s Superblock
By Adrian Maties, Associate Editor
Baltimore’s spending board has approved a six-month extension for Lexington Square Partners LLC to buy the site of Baltimore’s “superblock.” This exclusive negotiation deal with the city was first extended last December and was supposed to […]
Developers Diversified Upgrades Loans
By Adrian Maties, Associate Editor
Developers Diversified Realty Corp. announced last week it has replaced a $550 million loan scheduled to mature in February 2012 with a new one for $500 million. The new loan has a 39-month term, with an additional […]
Renovation of Old American Can Factory Heads into Final Stretch
By Adrian Maties, Associate Editor
It’s been more than six years since Bloomfield/Schon began eyeing redevelopment plans for the old American Can factory building in Cincinnati. Now, the $21.9 million renovation is heading into its final stretch.
The building was developed in […]
Harbor Group Lists Former BP Tower, Invests in Cleveland Real Estate
By Adrian Maties, Associate Editor
Harbor Group International L.L.C. has been actively trading Cleveland real estate lately. The Norfolk-based company has acquired a parking garage and is trying to sell one of the city’s most dominant skyscrapers.
Once known as BP Tower, the […]
Brewers Hill Mixed-Use Project is Eligible for Maryland Green Building Tax Credit Program
By Adrian Maties, Associate Editor
Construction continues in Baltimore with a $120 million multi-stage project meant to redevelop one of the city’s most significant historic brewery complexes, the former National Brewery, which was home to the Gunther,  Schaefer and Hamms Labels.
Obrecht […]