Maryland
Low-Occupancy VA Retail Centers Score $8M Acquisition Loan through Eastern Union
Eastern Union Funding has arranged an $8.2-million loan for the new owner of South Crater Square and Pinehill Plaza retail… Read more
Federal Realty’s Pike & Rose in Bethesda to Headquarter Choice Hotels International
Choice Hotels International, Inc., has signed a long-term lease with Federal Realty Investment Trust to occupy 105,000 square feet in… Read more
CBRE Investment Management Taps Acquisitions Director for Americas
Dino Christoforakis has joined CBRE Investment Management as an acquisitions director in the Americas commercial operator division, based in Midtown Manhattan. He’ll be responsible for sourcing investments in the office, life… Read more
Time Equities Invests $23M in Strategy to Acquire “Essential” Grocery-Anchored Plazas in MD, Elsewhere
Time Equities, Inc., has acquired Harundale Plaza in Glen Burnie (near Silver Spring), MD, for $16.4 million. The 217,619 square-foot… Read more
Berkadia Adds Bill Gribbin to Investment Sales Team in DC Metro
Berkadia has added Bill Gribbin as a director to the investment sales team in its Chevy Chase, MD, office. “It’s… Read more
St. John Properties Assists Children’s Autism Organization with Three Leases in VA, MD
Little Leaves Behavioral Services, a Silver Spring-based organization that serves children on the autism spectrum, has executed leases with three… Read more
Food Hall with Global Cuisines Coming to GBT Realty’s DC-Area Ellsworth Place
GBT Realty Corporation, in partnership with Cana Development, is adding Commas food hall to the firm’s 350,000-square-foot value-oriented shopping center… Read more
Comstock Acquires The Upton Apartment Building in Rockville
Comstock Holdings Companies, Inc., has acquired a 15-story high-rise apartment building in Rockville, MD, in a joint venture with Comstock… Read more
MDH Partners Enters Baltimore Market with Acquisition of Two Industrial Assets
MDH Partners has acquired two Class-B light industrial buildings totaling 148,758 square feet in Hunt Valley, MA, on the northern… Read more
JV Aims to Acquire Single-Tenant Industrial Properties between Boston and Baltimore
A newly formed joint venture between Pacer Partners (Boston and New York City) and Drake Real Estate Partners (New York… Read more
St. John Properties, First Home Mortgage Agree to Two-Property Lease in Baltimore
St. John Properties, Inc., has signed First Home Mortgage Corporation to two separate leases for nearly 20,000 square feet of… Read more
Skanska Names Mia Walton VP, Head of Communications
Skanska USA Building Operations has welcomed Mia Walton as VP, head of communications. The position is a senior leadership role… Read more
WPC Breaks Ground on 198-Unit, $107M Apartment Community in Bethesda
Washington Property Company has broken ground on a $107-million apartment community in downtown Bethesda, MD. In addition, WPC has closed… Read more
1788 Holdings Buys Two Industrial Properties in Baltimore City
Bethesda-based 1788 Holdings, LLC, has acquired two industrial properties in the Baltimore City submarket as part of a regional strategy… Read more
Greystone Executes $18M Fannie Mae DUS Loan to Refinance Multifamily in Lanham, MD
Greystone has provided an $18.2-million Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a 142-unit multifamily community in… Read more
Report Includes CRE Factors in Maryland Life Sciences’ Strengths, Opportunities for Growth
An independent study has found that Maryland has built one of the nation’s strongest life sciences industries and is home… Read more
Hilton Garden Inn Sale Shows Confidence in Market Rebound
A newly completed Hilton Garden Inn in Fremont, CA recently sold for $41.7 million. The hotel, which spans five stories… Read more
Jackie Pfeiler Promoted to SVP, Finance at St. John Properties
Baltimore-based St. John Properties, Inc., has promoted Jackie Pfeiler to SVP, finance. She was formerly VP, finance and has been… Read more
Quantum Reps Both Sides in Sale of 7-Eleven in Salisbury, MD
Quantum Real Estate Advisors, Inc., has brokered the sale of a single-tenant absolute net-leased 7-Eleven located on Naylor Mill Road… Read more