News

Armada Hoffler Properties and Beatty Development Group Break Ground on $65M Mixed-Use Project at 3200 St. Paul

On Thursday, March 26, representatives from Johns Hopkins University, Armada Hoffler Properties, and Beatty Development Group were present in Charles Village to celebrate the official groundbreaking for a new mixed-use development at 3200 St. Paul. The project, currently only referred to as 3200 St. Paul, will be officially named in the coming months.

Bozzuto Sells Baltimore’s Union Wharf Apartment Asset

The Bozzuto Group has sold its Union Wharf apartment complex in Fells Point. The property was picked up less than six months after it was put on the market.

Insurance, Inc. to Move HQ to BECO Tower II

BECO Management, Inc. has recently announced the signing of another tenant at its BECO Tower II office building in the Owings Mills Town Center section of northwest Baltimore County. Insurance, Inc., the new tenant, will occupy 10,921 square feet of space. With this new signing, BECO Management said that it has leased over 25,000 square feet of space at BECO Tower II, in the first months of 2015.

George Washington University Museum and Textile Museum Now Open in Foggy Bottom

An old Washington, D.C., museum is open to the public once more, in a new location and with a new name. The George Washington University Museum and The Textile Museum welcomed its first visitors last Saturday, March 21.

West Broadway Education and Career Center to Break Ground in Minneapolis

An innovative project meant to provide health and education services and workforce opportunities for Minneapolis residents will open at 800 W. Broadway in the summer of 2016.

CyrusOne Offers Virtual Tour of San Antonio II Data Center

CyrusOne, the global data center services provider, recently announced the launch of the virtual tour of its San Antonio II data center campus on its website. The development is designed to be constructed in two phases, and at completion is expected to encompass 372,000 square feet.

Princeville Center on Kauai’s North Shore Sells for $51M

The Princeville Center retail property on Kauai’s North Shore has a new owner. The Sullivan Family of Cos. has acquired the shopping mall at 05-4280 Kuhio Highway, along with an adjacent vacant parcel of land, for a combined $51.3 million.

670 KSF Former World Trade Center Set for $364M Redevelopment

The city selection committee for the redevelopment of 2 Canal Street has named the Carpenter/Woodward partnership as preferred developer for the iconic building, the New Orleans Mayor’s Office announced

Starwood, Kemper Complete Agreement Bringing W Hotels to Bellevue Collection

We knew the Kemper Development Company’s The Bellevue Collection project would be expanded with a new hotel. It was recently revealed that the hospitality property would be operated by Starwood Hotels & Resorts Worldwide Inc. The two companies are set to debut the W Hotels brand, part of the $1.2 billion project, during spring 2017.

Brotherhood of Locomotive Engineers and Trainmen Buys New HQ Building in Independence

The National Division of the Brotherhood of Locomotive Engineers and Trainmen, the oldest labor union in North America, is moving its headquarters out of Downtown Cleveland, after almost a century and a half in the area. Its new HQ will be located in Independence.