Greenbelt
Newmark Arranges $203M Sale of Mid-Atlantic Industrial Portfolio
Newmark arranged the $203 million off-market sale of a nearly 1.4 million-square-foot micro-bay industrial portfolio spanning the Mid-Atlantic region to… Read more
IPA Brokers $28M MOB Sale in Suburban DC
Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the sale of Maryland Trade Center III, a 192,000-square-foot… Read more
Royal Farms to Expand with Gas Station, Convenience Store in Greenbelt
Royal Farms, a privately owned chain of convenience stores headquartered in Baltimore, plans to open a new location in the… Read more
$600M+ in DMV Hotel Loans Default
Two loans tied to hotels in Maryland and Virginia have defaulted, indicating challenges beyond office vacancies, as reported by the Washington… Read more
FBI to Relocate HQ to Greenbelt
The FBI will relocate its headquarters from Pennsylvania Avenue to Greenbelt, Maryland, after more than a decade of competition, Washington… Read more
GSA Modifies Search Criteria for New FBI Headquarters Location
The U.S. General Services Administration (GSA) said Friday it had modified the scoring criteria in selecting a new headquarters location… Read more
The NRP Group, Willton Investment Management Launch Multifamily in Greenbelt
The NRP Group and Willton Investment Management have completed Motiva, a 354-unit residential community homes in Greenbelt, MD, 14 miles… Read more
Chesapeake Hospitality Bought Out for $16M Plus $10M Additional Consideration
Greenbelt, MD-based Chesapeake Hospitality has been acquired by Remington Hotels, a wholly owned portfolio company of Dallas, TX-based Ashford, Inc.… Read more
Modell’s Sporting Goods to Close All Stores, Including Seven in D.C.
Modell’s Sporting Goods, which operates 153 stores between New York, Philadelphia and the D.C. metro areas, has announced plans to… Read more
Plan for Redevelopment of Maryland’s Beltway Plaza Mall Moves Forward
Mall owner Quantum Cos. is moving forward with plans to redevelop the Beltway Plaza Mall in Greenbelt, MD. into a… Read more
Baltimore Waterfront Project Breaks Ground
A joint-venture between Greenbelt, MD-based The Bozzuto Group and Baltimore-based War Horse broke ground on Alta 47, a 47-townhouse development… Read more