Baltimore
Susquehanna Bank Signs Lease at 11155 Dolfield Boulevard
Pennsylvania-based Susquehanna Bank, the 37th largest commercial bank in the United States, plans to relocate its mortgage division from Hunt Valley to Owings Mills this month. It recently signed a lease for 12,750 square feet of space at 11155 Dolfield Boulevard. The lease increases the overall occupancy of the building owned by St. John Properties, Inc. to 95%.
Columbia’s Rivers Business Commons Sold To Fernau LeBlanc Investment Partners
Cushman & Wakefield of Maryland, Inc. has recently sold Columbia’s Rivers Business Commons on behalf of Greenfield Partners. The price of the transaction was not disclosed. Fernau LeBlanc Investment Partners, a Washington, D.C.-based real estate owner and operator, was the buyer.
Wood Partners, Chesapeake Realty Partners and Taylor Property Group Plan 470 Units for Towson
Wood Partners has joined forces with Chesapeake Realty Partners and the Taylor Property Group to bring 470 new homes to the Towson town center. Work has already started on the project which will be developed in two phases.
Apartment Projects Approved by Baltimore’s Urban Design and Architecture Review Panel
Baltimore will soon say hello to a new high-rise building. Developer David S. Brown Enterprises Ltd. of Owings Mills has plans for a 30-story mixed-use development on the eastern edge of the University of Maryland, Baltimore campus.
252-Unit Apartment Community Sells in Greater Baltimore
The Haven at Odenton Gateway, a Class A, garden-style multi-housing community located in Odenton, Maryland, was purchased last week by AEW Capital Management, LP, one of the world’s leading real estate investment advisors. Holliday Fenoglio Fowler (HFF) marketed the property and represented the seller, Johnson Development Associates, Inc.
Garrison Investment Group Acquires Towson Commons
By Adrian Maties, Associate Editor Towson Commons has a new owner. New York-based Garrison Investment Group has purchased the 401,775 square foot mixed-use complex; the acquisition came after two recent major leases on the property. The price of the transaction was not announced. The sale was arranged by Cassidy Turley, a leading U.S. commercial real […]
State Announces Three New Sustainable Communities in Baltimore County
Great news for three Baltimore county areas. The Maryland Department of Housing and Community Development and Maryland Department of Planning have designated Catonsville/Patapsco, Greater Dundalk, and Hillendale/Parkville/Overlea as sustainable community areas under the state’s Sustainable Communities Act of 2010.
USRA To Stay in Howard County, Buys 90,000-Sq.Ft. Building at Columbia Gateway
The Universities Space Research Association (USRA) has recently purchased a 90,000-square-foot building in Corporate Office Properties Trust’s 630-acre Columbia Gateway business park. The acquisition means good news for Howard county, as the organization that conducts research for the U.S. Space Program had considered moving to other locations around the country.
$14M Renovation Turns Downtown Baltimore Tremont Into Embassy Suites
After undergoing extensive renovation, the new Embassy Suites Baltimore-Downtown is finally open. This is the brand’s third property in the state of Maryland.
Interest High in Baltimore Area Industrial Properties
Investors continue to exhibit confidence in the Greater Baltimore industrial market. The low unemployment, close proximity to Washington, DC and Philadelphia, and ease of access to the Port of Baltimore make the area very attractive to industrial users and investors.