Adrian Maties
Out-of-State Investor Buys Greater Baltimore Medical Office Building
An out-of-state investor has purchased a medical office building in Greater Baltimore this month. The Empire Medical Building, in Anne Arundel County, traded for $18.65 million.
CBRE Arranges Two New Leases in The Baltimore Washington Corridor
Gateway Commerce CenterAt the start of June, CBRE announced that it has arranged two leases on behalf of Deutsche Asset & Wealth Management in the Baltimore Washington Corridor. The deals total more than 220,000 square feet of space.
Towson University To Break Ground on $40M Renovation and Expansion Project this Year
Towson University has recently announced its intention to break ground later this year on a much-needed project which will renovate and expand fitness, gym and administrative areas in Burdick Hall. The project will help the university enhance its student-life experience and improve its recruiting efforts.
Florida Developer Takes on Redevelopment of Guerin-Decorated Office Building
The Huntington BuildingOne of Cleveland’s historic buildings is now under new ownership. The Huntington Building is not only one of the largest multi-tenant office buildings in the city, but also one of the largest such properties in the state of Ohio.
Hersha Hospitality Snaps Up Third Hotel In DC’s CBD
St. Gregory Hotel & SuitesHersha Hospitality Trust is expanding its presence in the Washington, D.C. area. The REIT has recently announced it has entered into a purchase agreement for a hotel in the city’s central business district. It will be Hersha’s third hotel in the CBD.
Courtyard by Marriott Keen on Europe
The brand owned by Marriott International is opening two new hotels in the following countries.
Finding Convenience in Northeast Ohio
Investor activity continues to stay strong in the Northeast Ohio retail market. After the acquisition of the Creekside Commons and Cedar Center North shopping centers, by the joint venture between Inland Real Estate Corp. and Dutch pension fund administrator PGGM, this spring, it’s now time for single-tenant retail properties to take the center stage.
Turner Multifamily Impact Fund Closes First Acquisition
The Turner Multifamily Impact Fund, a real estate investment fund managed by Los Angeles-based Turner Impact Capital, has recently announced the closing of its first acquisition. Its newly purchased asset is a large, garden-style housing community in the Washington, D.C. metropolitan area.
Prologis Builds Big in Hebron
Greater Cincinnati is getting a new distribution center. On Thursday, June 11, a Fort Mitchell, Ky.-based developer announced that it broke ground on a massive industrial facility in nearby Hebron, near the Cincinnati/Northern Kentucky International Airport.
U Square @ the Loop Finally Getting a Hotel
U Square @ The LoopCincinnati is getting a new hotel. On Tuesday, June 9, a development team broke ground on a new project, expected to bring 115 rooms at U Square @ the Loop.