Mid-Atlantic
Lendlease to Build $200M Mixed-Use Project in DC
Construction of 1250 Half St., a 608,000-square-foot development featuring two 11-story towers, will bring 439 residential units and ground-level retail.
Baltimore-Area Industrial Asset Changes Hands
The property in Elkridge last traded in 2004, when Matan Cos. acquired it for $6.7 million. The building served as the headquarters of Kane Co., which filed for bankruptcy and vacated it in 2016.
Caves Valley, Greenberg Gibbons Team Up in Maryland
The companies are investing $350 million in the construction of a 1.2 million-square-foot project that will bring office, retail, luxury residential, student housing and a hotel to downtown Towson.
Douglas Development Buys $66M Land for DC Project
The site is part of the 15 acres that the company acquired to develop NewCityDC, a 1.5 million-square-foot mixed-use project that will offer apartments, townhomes, retail and a hotel.
KLNB Appoints New COO
Real estate veteran Marc Menick will step up as the firm’s president & chief operations officer, following Andrew Georgelakos’ retirement.
Metro DC Office Park on the Market Again
Avison Young was tapped once more to market the sale of Calverton Office Park in Beltsville, Md. The 313,810-square-foot complex comprises three office buildings and a daycare center.
Fitness-Focused Community Opens in VA
The 282-unit community features top-tier professional-quality health and wellness amenities. Greystar is the manager of the luxury residential asset that includes 34 affordable units.
Home2 Suites by Hilton Debuts in Roanoke, VA
Kalyan Hospitality is the owner and manager of the 121-key hotel located close to the Roanoke-Blacksburg Regional Airport. The property anchors the Blue Ridge Parkway, one of the most visited sites in the National Park System.
DC-Area Assets Land $90M in Financing
Citizens Bank arranged the $49 million loan to refinance Georgetown Center in Washington, D.C. and the $41 million loan to finance the Old Centerville retail center in Centerville, Va.
Defense Contractor Changes Base in Maryland
ELTA North America is tripling its footprint from the 7,500 square feet it occupied in Fulton, Md., less than 10 miles away from the new headquarters.