Baltimore
Baltimore’s Tradepoint Atlantic Lands 1st Retail Tenant
Royal Farms has signed a long-term lease for a 3.7-acre stand-alone pad and is expected to start operations in late-2018.
JV Grabs Suburban MD Flex/Office Assets
RREEF has sold the properties—part of the Oakland Ridge Center in Columbia, Md.—to a partnership between Feldman Bergin Development and Fortified Property Group.
Barcoding to Relocate Baltimore HQ
The company bought the former I.C. Isaacs & Co. garment factory earlier this year and is slated to move from Canton by the end of 2018.
Amazon Unveils New Baltimore Fulfillment Center
Tradepoint Atlantic, the 3,100-acre Sparrows Point development, will be home to the retail giant’s 855,000-square-foot distribution facility, which is slated to open in 2019.
Baltimore’s Stadium Square Lands 35 KSF Co-Working Space
Amsterdam-based company Spaces will join Janney Montgomery Scott, a national financial services company, which recently moved into the project’s first office building.
Merritt Campus in Baltimore Lands New Tenant
Deli Brands of America, a subsidiary of Saval Foods Corp., will occupy 19,000 square feet at the upcoming single-story building within Beltway Business Park.
Layher Acquires Baltimore Facility
The transaction closed at $2.5 million. The company plans to relocate its northeast region office to the new property by the end of the year.
Goldman Sachs Joins $5.5B Baltimore Revitalization Project
The financial company’s Urban Investment Group is contributing $233 million for the construction of Port Covington, a 235-acre master-planned development on the city’s waterfront. The commitment marks the fund’s largest single private equity investment ever.
Financing in Place for 800 KSF Baltimore Mixed-Use Tower
Madison Marquette commenced construction of One Light Street in January, and now the developer has landed $169 million in loans to complete the project.
New Supply Keeps Rent Growth Tepid in Baltimore
Thanks to the revival of its core and the emergence of the Baltimore-Washington corridor as a strategic location, the metro’s multifamily fundamentals have stabilized.