News
INTERNATIONAL: Hines Says Adios to Spanish Mall
As European markets improve, Hines finds a buyer for its distressed mall in Madrid.
Hudson’s Bay Buys Big in Deutschland
In a landmark inter-hemispheric deal worth billions, Hudson’s Bay Co. will soon be the proud owner of a top German department store.
CVS, Target Make a Deal
CVS Health Corp. has found a way to increase its retail presence in new markets.
What’s Turner Impact Doing in Maryland?
Turner Impact Capital has done a little shopping in Forestville, Md.
New Boutique Hotel Opens in Baltimore’s Mt. Vernon Neighborhood
Hotel Indigo Baltimore – Mt. Vernon InterContinental Hotels Group is expanding in Baltimore. The UK-based company has recently announced the opening of its first property under the Hotel Indigo brand in the state of Maryland.
Out-of-State Investor Buys Greater Baltimore Medical Office Building
An out-of-state investor has purchased a medical office building in Greater Baltimore this month. The Empire Medical Building, in Anne Arundel County, traded for $18.65 million.
CBRE Arranges Two New Leases in The Baltimore Washington Corridor
Gateway Commerce CenterAt the start of June, CBRE announced that it has arranged two leases on behalf of Deutsche Asset & Wealth Management in the Baltimore Washington Corridor. The deals total more than 220,000 square feet of space.
Towson University To Break Ground on $40M Renovation and Expansion Project this Year
Towson University has recently announced its intention to break ground later this year on a much-needed project which will renovate and expand fitness, gym and administrative areas in Burdick Hall. The project will help the university enhance its student-life experience and improve its recruiting efforts.
CBRE Arranges Financing for Top Apartment Community on Maui
As demand for multifamily housing on Maui continues to increase, CBRE Capital Markets has secured $38.5 million in financing for Sunset Terrace Apartments, a 288-unit garden-style residential complex in Lahaina, on Maui’s western coast.