Mid-Atlantic
VA Expands Solar Generation Capacity by 200MW
Cypress Creek Renewables and Carolina Solar will develop three solar projects in Halifax and Orange counties. The farms are expected to generate enough electricity to power more than 25,000 households.
Courtyard by Marriott in Virginia Sells for $20M
Excel Group’s purchase of the 191-key Courtyard by Marriott Springfield marks the seventh major transaction for the company in the last year.
Armada Hoffler to Buy Baltimore Asset for $101M
The REIT will acquire Thames Street Wharf, a trophy office tower along the waterfront in the city’s popular Harbor Point development, from KBS.
Ace Logistics to Expand at Chesapeake Commerce Center
The company will occupy a total of 351,000 square feet at the property owned by Duke Realty Corp., including a new 182,00-square-foot warehouse facility.
Greenfield Partners Sells 297 KSF Baltimore Office Portfolio
Newmark Knight Frank worked on behalf of the company to secure North Park Ventures as a buyer for the three-building North Park complex in Cockeysville, Md.
Ocean City Hotel Welcomes First Guests
Aloft Hotels has opened its first-ever property in the popular Maryland resort town, partnering with Blue Water Development and Real Hospitality to bring the 120-key project near the famous boardwalk.
Armada Hoffler Buys 2 VA Retail Centers for $105M
The REIT enhances its already strong presence in Virginia Beach by nearly 500,000 square feet with the addition of Red Mill Commons and Marketplace at Hilltop.
Carr Properties Breaks Ground on $135M DC Project
Signal House, a Gensler-designed trophy building, will target creative office tenants in the historic Union Market neighborhood, which is in the midst of a revitalization.
Finmarc Management Buys 250 KSF Retail Asset in Virginia
The Maryland-based company acquired Manaport Plaza Shopping Center for nearly $30 million. The retail center in Manassas is adjacent to another Finmarc-owned shopping center and a regional mall.
Transwestern Brokers Maryland Industrial Portfolio Sale
JU Holdings purchased the portfolio consisting of three one-story buildings and one four-story office property located near the Baltimore-Washington International Thurgood Marshall Airport.