Adrian Maties
New Housing Community Coming to Loudoun County
A new, massive urban community is coming to Northern Virginia. NVR, Inc. of Pittsburgh, Pa., together with Baltimore-based Atapco Properties and the Claude Moore Charitable Foundation hosted a groundbreaking ceremony on June 18, to celebrate the Westmoore, Loudoun County’s first metro community. Loudoun County Chairman, Scott York, and Broad Run District Supervisor, Shawn Williams, were present at the event.
Global Banking Firm Buys Arlington Apartments
The Arlington apartment market continues to prove very attractive to investors from all over the world. The most recent multifamily property to change hands was acquired by a German global banking and financial services company.
Dallas Investor Takes Three in Hanover
Westmount Realty Capital has entered the Baltimore Washington Corridor industrial market. The Dallas-based commercial real estate investment, development and management company has recently purchased a three-building industrial portfolio in the region.
Large Hampton Roads Office Portfolio Changes Hands
Lingerfelt CommonWealth Partners continues its expansion in the United States. After picking up a three-state, five-hotel portfolio earlier this year, the Richmond-based company has now moved to the office market and has acquired a massive office portfolio in the Hampton Roads region.
Southwest Ohio Is One of the Nation’s Healthiest Housing Markets
Columbus-based Nationwide, one of the nation’s largest insurance and financial services organizations, has released its quarterly housing market report this week. According to the quarterly report, most U.S. housing markets are healthy, and Southwest Ohio is one of the healthiest regions in the county.
A New Wal-Mart for Frederick
Frederick is getting a new Wal-Mart Supercenter. Demolition work has already started at the site on the northwest corner of Monocacy Boulevard and Route 26, to tear down the Frederick Trading Center and make room for the new Wal-Mart.
Executive Spotlight: Recipe For Success, Kris Broder of BECO Management
Rockville-based BECO Management, Inc. has had a lot of success attracting tenants to its Greater Baltimore-area properties this year. This success is a result of the commercial real estate company’s strategy to develop true partnerships with tenants.
Popular Retailers Coming to Suffolk
Four national retailers and a one of the fastest-growing fast-food restaurant chains in the country are coming to Suffolk. They will all open new locations in the newly-developed Hampton Roads Crossing shopping center.
Joint Venture to Build Schools in Greater Cincinnati
A foreign developer is partnering with a local company to build new schools in the Greater Cincinnati area.
Huntington Ingalls Starts Work On Major Newport News Expansion
Joint Manufacturing Assembly Facility, Huntington Ingalls Industries, Newport NewsOn Monday, June 22, Huntington Ingalls Industries, the nation’s largest military shipbuilding company, celebrated the groundbreaking for its Joint Manufacturing Assembly Facility (JMAF) in Newport News. This new facility will support the construction of nuclear aricraft carriers and submarines.