News
USG Breaks Ground on $20M, 700-Space Garage
The Universities at Shady Grove broke ground last week on the second parking garage at its Shady Grove campus. The project is expected to cost $20 million.
International: First-Ever Google-Branded Shop Opens in London
The tech giant continues to expand with the unveiling of its first-ever branded shop in London.
Hayman Grabs Apartment Community in DFW
The Hayman Co. is joining the Dallas-Fort Worth investment frenzy with a new acquisition.
COPT Picks Up Premium Property in Baltimore
Corporate Office Properties Trust is taking advantage of Baltimore’s positive absorption with the purchase of a Class A office building.
Ares Splurges on Investments in Germany
Ares Management is a big spender these days, grabbing several assets in western Germany.
Ruppert Properties Buys Three-Building Office Portfolio in Columbia’s Rivers Technology Park
Three more Greater Baltimore office properties have recently changed hands. The three buildings are all part of the Rivers Technology Park, in Columbia.
BARCO Breaks Ground on The Motor House
The Baltimore Arts Realty Corporation broke ground last Thursday on The Motor House, one of its most anticipated projects. The $6.5 million investment will completely transform the former Load of Fun building and will bring much needed performance and working space to Baltimore’s Station North Arts & Entertainment District, the first state-designated arts district in the nation.
Junction Properties Hires Chesapeake Real Estate Group to Lease a Four-Property Portfolio
Junction Properties, LLC has recently selected Baltimore-based Chesapeake Real Estate Group, LLC to act as the exclusive broker for the leasing of a portfolio of properties in the Baltimore-Washington Corridor. The portfolio consists of four buildings, with over 250,000 square feet of space. It offers a mix of bulk distribution, flex and office-warehouse product.
Two Baltimore Apartment Projects Start Leasing
Two Baltimore apartment projects have recently started leasing. The Equitable, in the heart of the city’s downtown, and 2 East Wells, in the South Baltimore neighborhood of Federal Hill, are both nearing completion. Together, they will bring almost 350 new units to the area.
Monmouth Pays $13.4M for New Monroe Build-to-Suit
Monmouth Real Estate Investment Corporation, one of the oldest public equity REITs in the U.S., has acquired a brand new built-to-suit industrial building in the Cincinnati area this month. The New Jersey-based investment company paid $13,416,000 for the property.