Baltimore

Greater Baltimore’s Industrial Real Estate Market in High Gear

By Adrian Maties, Associate Editor
It has been a busy year for industrial sales and leasing in Greater Baltimore. Tenants took more than 600,000 square feet of flex or industrial space in the second quarter, bringing the region’s vacancy rate down […]

State to replace Canton Viaduct

By Adrian Maties, Associate Editor
The Maryland Transportation Authority (MdTA) plans to replace the heavily deteriorated Canton Viaduct, a mid-1950s elevated roadway. Although the MdTA has at least a half-dozen projects under way at the Harbor Tunnel, Fort McHenry Tunnel and […]

Exelon and Constellation Looking at 17 Sites for New Baltimore HQs

By Adrian Maties, Associate Editor
Exelon Corp. and Constellation Energy Group Inc. are looking at a list of 17 potential sites for Constellation’s new headquarters in downtown Baltimore.
Constellation Energy Group Inc. agreed earlier this year to merge with Chicago’s Exelon Corp. […]

$30M Baltimore TOD Project Breaks Ground

By Adrian Maties, Associate Editor
After 20 years on the drawing board, held up by problems like cost or the economy, the Owings Mills Metro Centre finally broke ground last Thursday, July 28.  A six-story, transit-oriented town center will house the […]

Harbor Group Acquires $190 Million Portfolio in Baltimore

By Adrian Maties, Associate Editor
Harbor Group International(”HGI”), LLC has paid $190 million for a six-property multifamily portfolio located in Baltimore, Maryland. The seller is an affiliate of Sawyer Realty Holdings, LLC.
In a time when people would rather rent than buy, […]

Baltimore’s Inner Harbor to Get New Tenant; Phillips Seafood to Get New Home

By Adrian Maties, Associate Editor
Phillips Seafood announced last week that it will open a 500-seat restaurant by early October at the Inner Harbor’s Power Plant, in space left vacant last summer by ESPN Zone. By September 30, the restaurant in […]

Telford Aviation Moving to the Aberdeen Proving Ground

By Adrian Maties, Associate Editor
Defense contractor Telford Aviation, Inc., a division of ACC Holding, Inc., has leased 11,160 feet of space at The Government and Technology Enterprise (The GATE), a state-of-the-art office and technology business park for lease to government […]

The Ups and Downs of Baltimore’s Superblock

By Adrian Maties, Associate Editor
Baltimore’s spending board has approved a six-month extension for Lexington Square Partners LLC to buy the site of Baltimore’s “superblock.” This exclusive negotiation deal with the city was first extended last December and was supposed to […]

Brewers Hill Mixed-Use Project is Eligible for Maryland Green Building Tax Credit Program

By Adrian Maties, Associate Editor
Construction continues in Baltimore with a $120 million multi-stage project meant to redevelop one of the city’s most significant historic brewery complexes, the former National Brewery, which was home to the Gunther,  Schaefer and Hamms Labels.
Obrecht […]

$900 Million Project Promises to Reshape Downtown Baltimore

By Adrian Maties, Associate Editor
Plans proposed last fall by The Greater Baltimore Committee are gaining traction and the $900-940 million project promises to reshape the city’s downtown. The Sheraton Inner Harbor Hotel, its attached parking lot and the 1979 wing […]