Baltimore
New Apartments Coming to Baltimore
By Adrian Maties, Associate Editor
A $16 million housing development is expected to breathe new life into Baltimore’s Johnston Square neighborhood. Empire Homes of Maryland Inc. and Baltimore-based French Development Co. are the developers of the project.
The 74-unit apartment community will be named The Lillian Jones Apartments, in honor of a Baltimore activist and the founding […]
$200M Cancer Treatment Facility Coming to Baltimore
By Adrian Maties, Associate Editor
The University of Maryland School of Medicine and Advanced Particle Therapy LLC of San Diego, Calif. started work last week on a more than $200 million proton treatment center in Baltimore’s west side. This will be […]
KBS Legacy Partners Apartment REIT Buys 255-Unit Community in Pikesville
By Adrian Maties, Associate Editor
KBS Legacy Partners Apartment REIT, Inc. has acquired a Class A 255-unit apartment complex in Pikesville, Maryland. The transaction closed on April 6, representing the third equity acquisition for the Newport Beach, Calif.-based, non-traded REIT. Kettler […]
Industrial Income Trust Buys Hanover Building; Walker & Dunlop Gets Financing for Hunt Valley Towne Centre
By Adrian Maties, Associate Editor
A subsidiary of Colorado-based Industrial Income Trust Inc. (IIT) has paid $7.8 million for the BWI Commerce Center in Hanover, Maryland. The 128,000-square foot industrial building was sold by an affiliate of Boston’s Great Point Investors […]
Proposed Foundry Row Development Could Breathe New Life into Owings Mills
By Adrian Maties, Associate Editor
Developer Greenberg Gibbons plans to demolish the 1.8 million square-foot Solo Cup site on Reisterstown Road in Owings Mills in the coming months and build a $140 million retail center anchored by Wegmans in its place. […]
AiNET to open Data Center in Glen Burnie
By Adrian Maties, Associate Editor
AiNet, the Beltsville-based IT solutions provider, announced on March 19 it is preparing to open a data center in Glen Burnie, Maryland. Called CyberNAP, the 300,000-square-foot facility will be housed in an existing building, the former […]
St. John Properties Buys Former Environmental Elements Building, Plans $8M Renovation
By Adrian Maties, Associate Editor
St. John Properties Inc. has purchased a highly visible office building located at 3700 Koppers St. in Southwest Baltimore. Although the new owner did not disclose any sales price, it plans to invest $8 million to […]
Tryko Partners Busy in Greater Baltimore
By Adrian Maties, Associate Editor
Tryko Partners, LLC, a New Jersey private equity real estate group, has been very active in the multifamily market in the Baltimore Metropolitan Area in the past few weeks. The company has acquired two properties, Aberdeen’s […]
St. John Starts Work on New Office Building at The GATE
By Adrian Maties, Associate Editor
St. John Properties Inc., a Baltimore-based developer, has started work on a new building
at the Government and Technology Enterprise (The GATE) project, a 416-acre business community located within Aberdeen Proving Ground (APG) in Harford County, in […]
Maryland Live! Casino to Open in June
By Adrian Maties, Associate Editor
As work on the Maryland Live! Casino is nearing completion, the developers gathered on Wednesday, February 15, in Arundel Mills, to celebrate, honor the workers and ”top off” one of the state’s largest construction projects. A […]