Maryland
Suburban Sprawl Puts Financial Strain on Both Cities and Suburbs
America’s suburbs are sprawling again, driven in part by migratory patterns brought on by the pandemic. Last year, single family… Read more
St. John Properties Elevates Karen Watsic to VP, Development
Baltimore, MD-based St. John Properties, Inc., has promoted Karen Watsic to VP, development. Watsic has worked for the company since… Read more
FCP Collects $56M in Sale of Apartment Community Purchased for $25M in 2015
Chevy Chase, MD-based FCP has sold its Haven at Patterson Place apartments in Durham, NC for $56.2 million to StoneBridge… Read more
Walker & Dunlop Earns Place in 2022 Bloomberg Gender-Equality Index
Bethesda, MD-based Walker & Dunlop, Inc., has been named as one of 418 companies across 45 countries and regions to… Read more
CBRE Fulfills $85M in Refinancing for Two Baltimore Multifamilies
CBRE has arranged financing for two multifamily properties in Baltimore totaling $84 million, including a $68.5 million loan for Spinnaker… Read more
Edge Brokers Duo of Industrial Buildings in Rockville for $13M
Edge Capital Markets has brokered the sale of two industrial buildings totaling 60,100 square feet on Rock Creek Mill Road… Read more
Baltimore’s Continental Realty Targets Carolinas with $28M Charleston Multifam
Baltimore, MD-based Continental Realty Corporation has expanded its SC portfolio with the $28.3-million acquisition of The Six Apartments, a 92-unit… Read more
NYC Lags Northeast in New Housing Approvals
New York City approved less new housing per resident than any other Northeast city in 2020, the New York Post… Read more
St. John Properties’ Matt Holbrook Appointed to Loudoun County EDAC
Matt Holbrook, regional partner for Baltimore-based St. John Properties, Inc., has been appointed to the Loudoun County Economic Development Advisory… Read more
Carter Multifamily Secures $319M for Six-Property Portfolio across MD, VA and AL
JLL has secured a $318.5-million acquisition loan for a six-property, 1,494-unit multi-housing portfolio: Park at Kingsview Village, Germantown, MD Stonecreek… Read more
Boston-Based Partners Dip into DC Area for $90M in Industrial Investments
Oliver Street Capital, a Boston-based investor focused on infill industrial properties, and Bain Capital Real Estate, the real estate investing… Read more
Sam Zell’s EGI Partners with East Coast Warehouse
Equity Group Investments (EGI), Sam Zell’s private investment firm, has made an investment in East Coast Warehouse (ECW), a leading… Read more
$223M: COPT’s Sale Price for 243K-SF Data Center in Manassas
Columbia, MD-based Corporate Office Properties Trust has sold COPT DC-6, a 243,000-square-foot data center in Manassas, VA, for $223 million.… Read more
Lee & Associates Brokers 17K-SF Lease in One East Pratt Street in Baltimore
Lee & Associates | Maryland has brokered a lease with connectRN for 16,643 square feet of space at One East… Read more
Walker & Dunlop Gets Back in the Office at Newly Designed Headquarters
Bethesda, MD-based Walker & Dunlop has moved into new headquarters at The Wilson. The move illustrates the company’s “get vaccinated;… Read more
Blue Water Acquires “Park of the Year” Campground, Donates $150K to Homeless Program
Ocean City, MD-based Blue Water has expanded its partnership with Sun Outdoors with the acquisition of Tall Pines Harbor Campground… Read more
Life Science Company, Tetracore, Inks Long-Term Lease in Rockville Office
Cushman & Wakefield has arranged a long-term, 93,400-square-foot lease for Tetracore at 77 Upper Rock in Rockville, MD. The tenant,… Read more
Lee & Associates Brokers Leases Worth 14K-SF at Arundel Mill Corporate Center
Lee & Associates | Maryland has facilitated two leases comprising more than 14,000 square feet of space at Arundel Mills… Read more
Armada Hoffler Completes $246M Acquisition of Baltimore’s Exelon Building
Armada Hoffler Properties, Inc., has completed the $246 million acquisition of a 79% interest and additional 11% economic interest in… Read more