What happened, and who moved.
23 items
HBK CPAs & Consultants has signed a lease with Hill Management Services, Inc. for 7,168 square feet of space and recently relocated its Baltimore regional office, together with 15 employees, to the Executive Plaza complex in Hunt Valley, Maryland. Danielle Bridge of Hill Management Services represented the…
Cushman & Wakefield has arranged $37.37 million in floating-rate construction financing for Derby Place, a 94,587-square-foot retail development anchored by Whole Foods Market in Bel Air, Maryland. The property is already 92% committed with retailers and service providers. Located at 610 Baltimore Pike, Derby Place…
Sagard Real Estate announced the $91 million acquisition of 7001 Quad Avenue, a 621,144-square-foot distribution facility in Rosedale, Maryland. Located in Baltimore County East, the region’s largest industrial submarket, the asset is fully leased to users across food and beverage distribution and third-party…
Company withdraws plans for Calvert Technology Center
St. John Properties, Inc. announced the sale of a 13.52-acre parcel to The Home Depot, marking a significant milestone for Lexington Exchange, its 140-acre mixed-use business community in Maryland. St. John Properties’ Alex Lyons, Assistant Vice President, Acquisitions and Bill Holzman, Senior Vice President,…
Transwestern has been retained by Maryland REALTORS to provide asset services for two office buildings totaling 64,708 square feet in Annapolis, Maryland. The properties include 200 Harry S. Truman Parkway, the association’s 54,762-square-foot headquarters office building, and 2594 Riva Road, a 9,946-square-foot…
Marcus & Millichap completed the sale and financing of 1520 S. Caton Ave., a two-building office complex in Baltimore, Maryland. The asset sold for $6.94 million. Marcus & Millichap Capital Corporation (MMCC) secured $6.84 million in financing. “The buyer, a regional aviation services company, intends to partner…
BALTIMORE — CFG has provide a $70.8 million bridge loan for the acquisition of a skilled nursing portfolio located in Ohio. The portfolio totals 418 beds across five properties. Andrew Jones… The post CFG Provides $70.8M Bridge Loan for Ohio Skilled Nursing Portfolio appeared first on Seniors Housing Business .
The valuation of an underperforming Delaware County mall sank this month after the borrowers missed their payoff date last year. Springfield Mall at 1250 Baltimore Pike was valued at just $30M in a recent appraisal, according to CMBS monitoring platform...
RIPCO Real Estate announced it has successfully arranged a $28.3 million bridge loan for The Arbor College Park, a 134-unit multifamily community located at 4800 Berwyn House Road in College Park, Maryland. The financing represents a modified bridge upsizing with RMWC, the same lender that provided the property’s…
BALTIMORE — JLL has secured a $621 million loan for the refinancing of a 58-property, 6.3 million-square-foot industrial portfolio in Maryland owned by Merritt Properties, a Baltimore-based industrial developer and operator. Pete Pittroff, Anthony Fertitta, Travis Anderson, Evan Parker and Christopher Pratt of JLL…
Developer's 360MW proposal thwarted
Scheduled to open in August, the 10,000-square-foot space will serve as the company's operational and creative hub as the company continues to expand. Close to 20 employees have relocated from Baltimore to support the company’s next phase of growth. The company also plans to hire between 30-60 additional full-time…
Colliers has facilitated the successful sale of 4501 Boston Way and 4701 Forbes Boulevard, two highly specialized manufacturing and engineering facilities totaling approximately 76,000 square feet in Lanham, Maryland. The acquisition reunites Genesis Engineering Solutions’ headquarters and manufacturing facilities…
SILVER SPRING, Md. — Enterprise Community Development has announced plans to redevelop Springvale Terrace, a community in Silver Spring, in partnership with Seabury Resources for Aging. Originally built in the 1960s,… The post Enterprise Community Development to Redevelop Springvale Terrace in Maryland appeared…
SJC Ventures will begin the demolition process at the former Macy’s at the Harford Mall property next week in Bel Air, Maryland. The project, Derby Place, will deliver a 95,000-square-foot mixed-use center anchored by a Whole Foods Market, and the property will feature 60,000 square feet of luxury boutiques,…
Enterprise Community Development, in partnership with Seabury Resources for Aging, announced the redevelopment of Springvale Terrace, an existing senior housing community in Silver Spring, Maryland. The redevelopment will replace the current aging property with a new, modern, mixed-income community designed to…
Michael Tait, a winner of the Developing Leaders Award and an active member of CREDA Maryland, has built his commercial real estate career around relationships – and now he’s using those relationships to help open doors for the next generation of industry leaders.
BETHESDA, MD. — CP Group, along with a fund managed by DRA Advisors, has signed six leases over the past three months at Caprock, a 709,313-square foot office property located in Bethesda. Totaling approximately 35,000 square feet, the new tenants include nonprofit mechanical contractors’ organization MCA of…
BETHESDA, MD. — PCCP has provided an $80 million refinancing loan to Foulger-Pratt for The Rae, a 343-unit property at 10401 Motor City Drive in Bethesda. The Potomac, Maryland-based investment… The post PCCP Provides $80M Refinancing for Foulger-Pratt’s The Rae in Bethesda, Maryland appeared first on Multifamily &…
BALTIMORE — Capital Funding Group (CFG) has provided $318.8 million in financing across two transactions for a skilled nursing operator. The transactions include $288.8 million in acquisition financing for a portfolio… The post CFG Provides $318.8M in Financing for Skilled Nursing Operator appeared first on…
GAITHERSBURG, MD. — RailField Partners has acquired Elme Watkins Mill, a 210-unit garden-style community in the Washington, D.C., suburb of Gaithersburg, from Elme Communities (NYSE: ELME). The property was purchased… The post RailField Partners Acquires 210-Unit Maryland Property from Elme Communities appeared…
BALTIMORE — CFG Bank, servicing the nationwide healthcare and multifamily financing industries as well as the Mid-Atlantic commercial banking market, has launched CFG Mortgage Partners, a group dedicated to customized… The post CFG Bank Launches CFG Mortgage Partners, Appoints Dan Sacks to Lead New Initiative…