Adrian Maties
Oberer Gets Top Dollar for Grocery-Anchored Center
Greater Cincinnati isn’t the only region in Southwest Ohio able to attract retail investors. This month, nearby Dayton has also seen a large shopping center change hands.
Miami U. Gets $10M Gift for Sports Medicine Center
Miami University has received another major gift for the construction of its new student-athlete sports medicine and rehabilitation center.
Public-Private Team Plans Tower for Cincinnati CBD
More apartments are coming to downtown Cincinnati. According to documents filed with the Cincinnati Planning Commission this month, the city plans to join forces with the Cincinnati Center City Development Corp. and North American Properties to develop an apartment tower at Eighth and Sycamore streets, in the Central Business District.
Huntington Ingalls Plans Employee Health Center
Huntington Ingalls Industries, one of the largest military shipbuilding companies in the United States, is building a new health center in Newport News. Called the Huntington Ingalls Industries Family Health Center, it will provide affordable health care to HII employees and their families.
Developers Plan Two New Office Projects in Baltimore
Developers plan to start work on two new office projects in Baltimore. Cross Street Partners and Merritt Properties LLC intend to bring almost 140,000 square feet of office space to the region.
Armada Hoffler Buys Two Maryland Retail Centers for $20M
Armada Hoffler Properties, Inc. is expanding its Maryland portfolio. The Virginia Beach-based real estate company has recently closed on the acquisition of two grocery anchored retail centers located in Perry Hall and Hagerstown. The total purchase price was $20.2 million.
Odenton Industrial Building Sells for $11.3M
Agellan Commercial Real Estate Investment Trust is selling one of its properties in Greater Baltimore. The REIT said earlier this month that a third-party purchased has agreed to buy its single-tenant industrial building at 8271 Anderson Court in Odenton. The sale price is approximately $11.3 million.
Maple Lawn Office Building Earns LEED Gold Certification
St. John Properties, Inc. announced on April 8 that its four-story Class ”A” office building at 8135 Maple Lawn Boulevard has earned a LEED Gold certification from the Maryland Chapter of the United States Green Building Council. The property was constructed by St. John Properties in a joint partnership with Greenebaum Enterprises, Inc.
JV Buys 383-Unit Towson Apartment Community for $44.2M
Morgan Properties has made another large multifamily purchase in the Greater Baltimore area. In a joint venture with DRA Advisors LLC of New York, the King of Prussia-based company has now acquired the The Colony at Kenilworth, an apartment community located in Towson.
Baton Rouge Office Market Sees Significant Activity In April
At this year’s TRENDS in Real Estate seminar, held at the L’Auberge Hotel, on April 16, the Greater Baton Rouge Association of Realtors said that it expects the region’s office market to remain strong in 2015. As if to prove the GBRAR right, in the days following the event it was revealed that the market registered a spike in activity this month.