News

Paragon Outlet Partners to Build 568,000 Sq.Ft. Shopping Center In White Marsh

A local company plans to bring another shopping center to the Baltimore metropolitan area. Paragon Outlet Partners LLC announced on Monday, February 2, the acquisition of more than 50 acres of land, in the White Marsh section of Baltimore County. The developer intends to build a 568,000-square-foot open-air outlet shopping center on the site.

MBA SPECIAL REPORT: Best of Times for Multi-Family

Here’s what the head of Fannie Mae’s multi-family division thinks of the current apartment market, straight from the MBA-CREF conference in San Diego.

Economy Watch Weekly: Millennials to Drive Future RE?

Economy writer Dees Stribling offers his weekly roundup of indicators for the week ended Jan. 30, 2015.

Colony Realty Partners Snaps Up High-End M-F Property

The 300-unit Art Avenue Apartment Homes community located at 10201 Lee Vista Boulevard changed hands recently, according to CBRE. The Orlando luxury apartment property was sold to an undisclosed firm for $47.05 million.

Economy Watch: As Percentage of GDP, Real Estate at Historic Lows

Both commercial and residential real estate continue to represent a smaller part of the GDP in the post-recession 2010s than during most previous decades.

C&W Retains Leasing Assignment at NYC’s 180 Maiden Lane

The previous owners of 180 Maiden Lane, a 1.2 million-square-foot tower in Lower Manhattan, had faith in Cushman & Wakefield and so does the new ownership.

ARC NYC REIT Grabs Downtown Office Property

American Realty Capital New York City REIT Inc. has jumped at the chance to own this downtown Manhattan office property, which the company views as an “important New York City submarket.”

German-Based GLL Expands in Chicago

Munich-based GLL has decided to continue expanding in the United States with its second Chicago office purchase.

Wyndham Hotel Group Strengthens its Presence in Greater Baltimore

By Adrian Maties, Associate Editor   Wyndham Hotel Group continues with the expansion of its Wyndham Hotels and Resorts brand in the United States. The company announced the opening of the Hunt Valley Inn – A Wyndham Grand Hotel in Hunt Valley following a $15 million renovation and conversion project. The property had been operating as a […]

Green Street Academy Breaks Ground on a School Renovation Project in Baltimore

Green Street Academy broke ground on Wednesday, January 28, on the renovation of a former school building in West Baltimore. The public charter school plans to relocate plans to relocate to the new facility.