News
C&W, J.F. McKinney Join Forces
Two Chicago real estate firms have come together, marrying one’s integrated global platform with the other’s local office leasing market.
RICS: A ‘Roadmap’ to Prepare for the Future
RICS is releasing a new report today at the RICS 2015 Summit of the Americas conference in Los Angeles. Get a glimpse of what’s inside.
Developers Plan Two New Office Projects in Baltimore
Developers plan to start work on two new office projects in Baltimore. Cross Street Partners and Merritt Properties LLC intend to bring almost 140,000 square feet of office space to the region.
Blue Heron Buys Historic Boylan Apts. in Raleigh for $6.3M
In a $6.3 million deal, an affiliate of Blue Heron Asset Management LLC has acquired the historic Boylan Apartments at the corner of Hillsborough Street and Boylan Avenue near downtown Raleigh.
Armada Hoffler Buys Two Maryland Retail Centers for $20M
Armada Hoffler Properties, Inc. is expanding its Maryland portfolio. The Virginia Beach-based real estate company has recently closed on the acquisition of two grocery anchored retail centers located in Perry Hall and Hagerstown. The total purchase price was $20.2 million.
Odenton Industrial Building Sells for $11.3M
Agellan Commercial Real Estate Investment Trust is selling one of its properties in Greater Baltimore. The REIT said earlier this month that a third-party purchased has agreed to buy its single-tenant industrial building at 8271 Anderson Court in Odenton. The sale price is approximately $11.3 million.
Maple Lawn Office Building Earns LEED Gold Certification
St. John Properties, Inc. announced on April 8 that its four-story Class ”A” office building at 8135 Maple Lawn Boulevard has earned a LEED Gold certification from the Maryland Chapter of the United States Green Building Council. The property was constructed by St. John Properties in a joint partnership with Greenebaum Enterprises, Inc.
JV Buys 383-Unit Towson Apartment Community for $44.2M
Morgan Properties has made another large multifamily purchase in the Greater Baltimore area. In a joint venture with DRA Advisors LLC of New York, the King of Prussia-based company has now acquired the The Colony at Kenilworth, an apartment community located in Towson.
Baton Rouge Office Market Sees Significant Activity In April
At this year’s TRENDS in Real Estate seminar, held at the L’Auberge Hotel, on April 16, the Greater Baton Rouge Association of Realtors said that it expects the region’s office market to remain strong in 2015. As if to prove the GBRAR right, in the days following the event it was revealed that the market registered a spike in activity this month.
New KB Home Community Selling in Tucson at Prices from $192,000-$243,000
A new neighborhood in southeast Tucson, La Cima Esplendora has launched sales recently, as announced by KB Homes.