Baltimore
UIP, Criterion Buy Two Apartment Communities Near Fort George G. Meade for $39.3M
Urban Investment Partners and Criterion Holdings have recently acquired two apartment communities located near Fort George G. Meade for a total of $39,340,000. Together, the two Baltimore/Washington Corridor properties have 385 units.
Empty Nesters and Millennials Drive Urban and Suburban D.C. Multifamily Market
The greater Washington D.C. area has more than 30,000 apartment units coming online, scaring some institutional investors.
Terreno Realty Corporation Buys Annapolis Junction Industrial Property for $13.8M
By Adrian Maties, Associate Editor Terreno Realty Corporation is expanding its Mid-Atlantic portfolio. On Monday, November 17, the San Francisco-based company purchased an industrial property located in Annapolis Junction. The price of the transaction was approximately $13.8 million. The property is located on 6.3 acres of land, at 9020 Junction Drive, right in the center […]
Ronald McDonald House Charities Of Baltimore To Move To A Larger Location, In Jonestown
The Ronald McDonald House Charities of Baltimore is moving to the Jonestown neighborhood. The non-profit corporation recently announced its plan to relocate to a new, larger building, to be constructed at 1200 E. Baltimore Street.
W. R. Grace & Co. Opens New, LEED Silver Certified Headquarters in Columbia
On October 30, W. R. Grace & Co. celebrated the opening of its new global headquarters building. The new facility is the centerpiece of the Maryland–based chemical conglomerate’s 160-acre campus in Columbia.
Chesapeake Plywood Buys Warehouse in Baltimore’s Orangeville Industrial Area for $3M
A warehouse in Baltimore City’s Orangeville Industrial Area has recently changed hands. Chesapeake Plywood paid $3 million to purchase the property at 3400 E. Biddle Street from Miller Investments. Alan Coppola of NAI KLNB represented the buyer, while Justin Mohler of CBRE represented the seller.
Fore Property Co. Plans 727-Unit Apartment Community in Lutherville-Timonium
In its 2014 Apartment Market Report for the Baltimore area, Marcus & Millichap said operations in the region will continue to strengthen and vacancies will drop to 4.5 percent by the end of the year. Anticipating the growing demand, numerous developers have started work on several large apartment project. One of the largest could be coming to Lutherville-Timonium.
3,100-Acre Sparrows Point Site Could Become One of the Largest Ports on the East Coast
The 3,100-acre Sparrows Point site may not look like much now, but, in the not too distant future, it could become one of the largest ports on the East Coast. At least that what its new owners, Sparrows Point Terminal, and other state and local officials have planned for it.
Whole Foods Market to Anchor $350M Towson Row Development
Whole Foods Market is coming to Baltimore county. The natural foods and organic grocer will open a new location at the Towson Row mixed-use development to be built at the southern gateway to downtown Towson. Baltimore County Executive Kevin Kamenetz, Whole Foods Market and Caves Valley Partners made the announcement on Wednesday, November 5.
First Potomac Sells Baltimore Area Office Properties to CSG Partners for $13M
CSG Partners LLC is expanding its office portfolio. The Baltimore-based company has recently acquired a 180,000-square-foot business park in Owings Mills.