Adrian Maties
Turner Construction Renovates DC-Area Schools
Turner Construction Company is doing its part to help with the development of our nation’s youth. The international construction services company has been working hard these past few months to renovate several schools in the Washington, D.C. area. It managed to complete the projects just in time for the new school year.
After $50M Renovation, Historic Bartlett Building is Reborn as a Renaissance Hotel
Renaissance Hotels celebrated the grand opening of the Renaissance Cincinnati Downtown Hotel at the end of August. This latest addition to the company’s portfolio brings 323 guest rooms to the area.
NexCore Breaks Ground on New Medical Office Building in Germantown’s Holy Cross Health Campus
NexCore Group has recently broken ground on a medical office building, located in the new Holy Cross Health hospital campus in Germantown. The Denver-based national healthcare developer will own and manage the new facility, scheduled to open in the third quarter of 2015.
Baton Rouge Marriott to Hit Auction Block in September at $7M Starting Bid
Baton Rouge’s iconic Marriott hotel fronting Interstate 10, near College Drive and Corporate Boulevard, is going up for auction. The property was listed on auction.com, the largest online real estate auction firm in the country. According to the website, the starting bid is set at $7 million.
Cleveland Indians to Renovate Progressive Field
The Cleveland Indians announced on Thursday, August 7, that Progressive Field is getting a makeover. Called “The Progressive Field Evolution,” the multimillion-dollar renovation project will start in the offseason. Most of it is expected to be complete by Opening Day 2015, with the remainder to be finished early in the season.
Politico to Move HQs to Monday Properties’1000 Wilson Blvd. in Rosslyn
Politico is moving its headquarters. Currently located at 1100 Wilson Boulevard, one of Rosslyn’s “Twin Towers” trophy office buildings, the American political news organization won’t go too far away. It will move right next door, at 1000 Wilson Boulevard, the other ”twin.”
SpiceFire Plans January Move to Saengerhalle in Over-the-Rhine
SpiceFire, a brand brand innovation consultancy firm, is looking to move its offices to a larger space. The company has selected the Over-the-Rhine area, where demand for office space continues to boom, as its new location.
Delancey Street Capital Buys Baltimore’s Sail Cloth Factory Apartments for $12.9M
Delancey Street Capital LLC continues its expansion in the Baltimore area. The Philadelphia-based company has recently made its fourth acquisition in the region.
MCR Development Completes Major Renovations at the Residence Inn Baltimore White Marsh
MCR Development LLC, one of the twenty largest hotel owner-operators in the United States, has recently announced it has completed the renovation of the Residence Inn Baltimore White Marsh. The New York-based company did not announce how much it has invested in the project.
COPT Sells Eight White Marsh Properties for $28.75M
Corporate Office Properties Trust announced last week it has completed the sale of eight commercial properties in the Greater Baltimore submarket of White Marsh. The properties were sold in three separate transactions for a total of $28.75 million. According to COPT, the transactions generated net proceeds of $28.0 million.