Baltimore
JV to Acquire Embassy Suites in Baltimore
An HFF team arranged the partnership and secured the acquisition financing. The Hilton-branded hotel previously sold in 2014 for $21.2 million.
Westmount Sells Baltimore-Area Industrial Park
The company sold Logistics Pointe BWI in Hanover, Md., a 357,700-square-foot light industrial and distribution center, following a capital improvement program.
Tradepoint Atlantic Receives $135M for 2 Industrial Buildings
HFF facilitated the financing of the build-to-suit Class A properties in Sparrows Point, Md., which are fully leased to Under Armour and Amazon.
MCR Acquires Baltimore-Area Homewood Suites
The 147-key hotel in Linthicum, Md., located near Baltimore-BWI Airport, recently underwent a multi-million-dollar renovation. MCR did not disclose the purchase price for the asset.
St. John Properties Breaks Ground on 3 Buildings in MD
The structures will house a total of 200,000 square feet of flex, R&D, bulk and warehouse space. All three facilities will be completed in the summer of 2019.
Douglas Development Buys $12M MD Office Property
Transwestern represented the seller in its disposition of 116 Defense Highway, an 81,931-square-foot building that was 70 percent leased at the time of sale.
2-Building Warehouse Breaks Ground in MD
Chesapeake Real Estate is building the project on behalf of TA Realty. Plans call for 350,000 square feet of space within the Trimble Road Business Park in Edgewood, Md.
St. John Properties Inks 3 Baltimore-Area Leases
The firm signed American Pool Enterprises, USA Marble and Granite LLC, as well as Erickson Living to new spaces totaling 35,000 square feet.
Rialto Acquires MD Industrial Portfolio
Parkway Industrial comprises nine building totaling 711,220 square feet. Transwestern’s Mid-Atlantic Capital Markets Group represented the seller, a global investment manager.
Baltimore Office Building Commands Record Price
JLL has facilitated CoreCivic’s $242 million acquisition of a new government-leased, LEED Silver campus in Reisterstown, Md., from an affiliate of The JBG Cos.