Adrian Maties
India-Based Stixis Technologies To Open First U.S. Development Center in Baton Rouge’s Louisiana Technology Park
Another technology company is coming to Baton Rouge, following on the footsteps of IBM, EA, Gameloft, GE Capital and many others. The new addition is India-based Stixis Technologies Inc. It announced last week it will open its first U.S. development center at the Louisiana Technology Park.
MCR Development Renovates Two More Baltimore Area Hotels
MCR Development LLC, one of the largest hotel owner-operators in the country, has recently finished extensive renovations of two more Baltimore area hotels. The upgrades to the two properties are part of the company’s strategy to drive RevPAR growth through its ongoing renovation program.
WRIT Buys DC’s Spring Valley Retail Center for $40.5M
By Adrian Maties, Associate Editor Washington Real Estate Investment Trust has completed its fourth consecutive acquisition in 2014. At the start of October, WRIT announced the off-market acquisition of Spring Valley Retail Center for $40.5 million. So far this year, the real estate investment trust has invested approximately $300 million. The Spring Valley Retail Center […]
The Bozzuto Group Relocates to New Corporate Headquarters, Remains in Prince George’s County
On Wednesday, October 1, The Bozzuto Group celebrated the relocation of its corporate headquarters to 6406 Ivy Lane, in Greenbelt. Company officials and employees, business associates and Prince George’s County leaders were present at the ribbon cutting ceremony.
The Domain Companies Will Start Work on Apartment, Townhome Development in Baton Rouge
The Domain Companies announced last week its plans to soon start work on its second residential project in Baton Rouge. Called The Addison, after famous architect Addison Mizner, the development will feature 109 apartments and 30 townhomes.
MRP, Rockpoint Unveil Newly Renovated Bethesda Crossing Office Complex
On Tuesday, September 30, MRP Realty and Rockpoint Group, LLC unveiled the newly renovated Bethesda Crossing. The two companies purchased the office building in January 2013 and, since then, have invested almost $30 million to renovate it.
Mentor Industrial Property Sold for $3.2M
KCS Pinecone Realty, LLC has recently sold an industrial property in the city of Mentor. ACO Polymer Products, Inc. was the buyer.
Donohoe, MetLife Start Construction on Gallery Capitol Riverfront Residential Tower
The Donohoe Companies and MetLife, Inc. have teamed up to bring more apartments to Washington, D.C. Last week, the two companies officially started construction on a new residential development, at 1111 New Jersey Avenue, SE, atop the Navy Yard-Ballpark Metro station. Called the Gallery Capitol Riverfront, it is scheduled for completion in the summer of 2016.
The Domain Companies Has Big Plans for Baton Rouge
The Domain Companies, a New York and New Orleans-based real estate investment and development firm, plans to soon break ground on its second residential project in the Baton Rouge area. Called The Addison, the project follows on the success of the company’s first residential project in the area, The High Grove, which recently 100% residential occupancy.
Megan McNeill, Marketing Manager at The Domain Companies, has agreed to share more information with us about the new project and about her company’s plans for the Baton Rouge area.
Two Kenwood Retail Centers Fetch $32M
By Adrian Maties, Associate Editor Two fully occupied retail centers located across the street from one another in Kenwood are under new ownership. A joint venture of Cincinnati-based Jeffrey R. Anderson Real Estate Inc. and Kentucky-based P&P RE L.L.C. sold Kenwood Pavilion and Kenwood City Place to Colorado-based GDA Real Estate Services L.L.C. for $32 […]