Baltimore
Chesapeake Realty, Wood Partners and Bernstein Management Break Ground on the Winthrop Luxury Apartments
Chesapeake Realty Partners, Wood Partners and the Bernstein Management Corporation broke ground on Tuesday, October 15, on the first phase of a project that will ultimately bring 470 new luxury apartments on a 13-acre site in downtown Towson. Baltimore County Executive Kevin Kamenetz was present at the event.
Reliable Churchill Headquarters Relocation will Bring 500 Jobs
Five hundred new jobs are coming to Baltimore County. Reliable Churchill, the largest wine and spirits distributor in Maryland and a member of The Charmer Sunbelt Group, plans to move its headquarters to a new state-of-the-art warehouse and office complex at Baltimore Crossroads @95, in White Marsh/Middle River. The project is one of the most important to break ground in the county this year.
AA Metals Inc. expanding and bringing new jobs to Orlando
Asian American Metals Inc., an Orlando-based fabricated sheet metal distributor bought a 12.8-acre industrial site in Jetport Industrial Park near Orlando International Airport.
Acer Exhibits and Events Buys 167,000 Sq. Ft. Warehouse in Havre de Grace
Acer Exhibits and Events, LLC, a full service custom exhibits agency, has purchased the 167,270-square-foot facility at 1601 Clark Road, in nearby Havre de Grace, and plans to turn it into its new headquarters. The Belcamp-based company acquired the warehouse from Michigan-based Becker Properties for $3 million, or about $17.94 per square foot.
Metro Crossing Luxury Apartments Open in Owings Mills
The Metro Crossing luxury apartments opened last Thursday, September 19, in the Metro Centre at Owings Mills, Baltimore County’s first transit-oriented development. Baltimore County Executive Kevin Kamenetz and other officials were present at the event.
Blue Ocean Realty Buys Downtown Baltimore’s Only LEED Gold EB Certified Office Tower
Baltimore’s 201 North Charles Street has a new owner. Blue Ocean Realty, a local company, paid $19.7 million or about $75 per square foot for the property. Jonathan M. Carpenter and James S. Wellschlager of Cassidy Turley’s Capital Markets Group represented the seller, Lexington Charles Limited Partnership. The deal is the first significant investment sale in downtown Baltimore since 2007.
Interpark Holdings Buys 300 East Pratt Street in Baltimore
Cushman & Wakefield of Maryland Inc. recently arranged the sale of 300 East Pratt Street, a fully automated surface parking lot located in the heart of the Baltimore Central Business District. The price of the transaction was not disclosed.
Susquehanna Bank Signs Lease at 11155 Dolfield Boulevard
Pennsylvania-based Susquehanna Bank, the 37th largest commercial bank in the United States, plans to relocate its mortgage division from Hunt Valley to Owings Mills this month. It recently signed a lease for 12,750 square feet of space at 11155 Dolfield Boulevard. The lease increases the overall occupancy of the building owned by St. John Properties, Inc. to 95%.
Columbia’s Rivers Business Commons Sold To Fernau LeBlanc Investment Partners
Cushman & Wakefield of Maryland, Inc. has recently sold Columbia’s Rivers Business Commons on behalf of Greenfield Partners. The price of the transaction was not disclosed. Fernau LeBlanc Investment Partners, a Washington, D.C.-based real estate owner and operator, was the buyer.
Wood Partners, Chesapeake Realty Partners and Taylor Property Group Plan 470 Units for Towson
Wood Partners has joined forces with Chesapeake Realty Partners and the Taylor Property Group to bring 470 new homes to the Towson town center. Work has already started on the project which will be developed in two phases.