Maryland
Terreno Realty Drawn to DC Metro Industrial Assets to the Tune of $73M
Terreno Realty Corporation has acquired industrial properties in Alexandria, VA and Bladensburg, MD for a total of $72.7 million. The… Read more
Avison Young Brokers $69M Sale of 36-Story Multifam/Retail Mix in Baltimore
Avison Young has brokered the $69.2-million sale of a 36-story high-rise asset downtown Baltimore. The building, 10 Light, includes 419… Read more
Pair of Fresh Leases Pushes Charles C. Blanton Building in DC to 100% Occupancy
Edge has brokered two leases within The Charles C. Blanton Building to elevate the seven-story, 100,000-square-foot office property in Alexandria,… Read more
Walker Webcast: Laurel Strategies’ Alan Fleischmann Defines the CEO-Statesman
With a background that included serving as chief of staff to Maryland Lt. Gov. Kathleen Kennedy Townsend and as staff director… Read more
Marcus & Millichap Arranges $5M Loan for Glen Burnie Retail Center
Marcus & Millichap Capital Corporation has arranged $5.3 million in financing for the acquisition of Parke West Plaza in Glenn… Read more
Demand for Life Science Space Supports $246M Loan for Somerville Project
JLL Capital Markets has arranged $246 million in construction financing for 808 Windsor, a to-be-built life sciences development totaling 353,000… Read more
Realterm Snags Bronx Warehouse, Its Second NYC Deal This Month
Realterm acquired a 12,000-square-foot “final mile” distribution facility at 4825 Baldwin St. in the Bronx, its second New York City acquisition this month. The fully leased warehouse… Read more
Pembroke, Brown Advisory Ink 32K Lease at 1801 Pennsylvania Avenue in DC
International real estate developer and advisor Pembroke has signed a long-term lease agreement with Brown Advisory, LLC, to occupy the… Read more
CrowdStreet Investors Plunk $14M into $62M DC Multifam Project
Potomac, MD-based Foulger-Pratt has acquired 1425 New York Avenue, NW, in Washington, DC with intentions to convert and redevelop the… Read more
Lee & Associates Brokers Operation Christmas Child’s Annual Temp Lease
Lee & Associates Maryland has brokered a 120,000-square-foot lease with Samaritan’s Purse International Relief within Tradepoint Atlantic in Baltimore County.… Read more
Enterprise Closes on $60M Recap to Preserve Three MD Affordable Senior Communities
Baltimore-based Enterprise Community Development has closed on the recapitalization of three affordable senior communities: Park View at Furnace Branch in Glen Burnie,… Read more
Finmarc Management Acquires Raleigh Retail Center for $58M
Bethesda, MD-based Finmarc Management, Inc., has purchased Plantation Point Shopping Center, a 383,000-square-foot retail complex in Raleigh, for the price… Read more
South Duvall, Sagamore Ventures to Bring Life Science to Baltimore’s City Garage
South Duvall and Sagamore Ventures have announced a partnership to bring more than 100,000 square feet of biotech laboratory space… Read more
Federal Realty Investment Trust to Complete Holding Company Reorg
North Bethesda, MD-based Federal Realty Investment Trust intends to complete a holding company reorganization that would structure the company as an… Read more
Jair Lynch Tops $400M Attainable Housing Goal with Plaza Towers Acquisition
Washington, DC-based Jair Lynch Real Estate Partners has acquired the 288-unit Plaza Towers in Hyattsville, MD for $65.8 million. Transwestern Real Estate… Read more
Northern VA Industrial Shows Strength with 3% Vacancy, 10% Rent Growth
The sustained demand for industrial/warehouse product in the Northern VA region is now resulting in a market-wide shortage with no… Read more
1031-Exchange Buyer Grabs and Goes with $5M Baltimore-Area 7-Eleven
Stan Johnson Company has completed the ground lease sale of a single-tenant retail property leased to 7-Eleven. The 4,070-square-foot convenience… Read more
Armada Hoffler Properties Agrees to $246M Acquisition of Baltimore’s Exelon Building
Virginia Beach, VA-based Armada Hoffler Properties, Inc., has entered into an agreement to acquire a 79% interest and an additional… Read more
Boston Properties Inks Three New Leases in its Waltham Life Sciences Conversion
Boston Properties, Inc., has executed three leases totaling 166,000 square feet at its life sciences conversion project on 880 Winter… Read more