Maryland
Grosvenor Closes Sale of Sawyer Flats Multifamily in Gaithersburg
Grosvenor Americas has sold the Sawyer Flats residential community in Gaithersburg, MD, to an undisclosed buyer. Grosvenor acquired the 648-unit… Read more
Infill Last-Mile Distribution Facility Grabs Realterm Logistics’ Attention
Lincoln Property Company recently sold a newly renovated 104,510-square-foot freestanding class-A last-mile distribution facility on more than 10.5 acres in… Read more
Greenspring Collects $36M for Improved 12-Acre Site Near Seagirt Terminal in Baltimore City
Greenspring Realty Partners, LLC, has received a purchase price of $36 million for a 12-acre waterfront site in south Baltimore… Read more
JLL Secures $20M Refinancing for Studio, One-Bed Community in East Haven, CT
JLL Capital Markets has arranged a $20.4-million refinancing package for 510 Main Apartments, a 214-unit multi-housing community in East Haven,… Read more
Jennifer Sychuk Promoted to SVP, Asset Management at St. John Properties
Baltimore-based St. John Properties, Inc., has promoted Jennifer Sychuk to SVP, asset management. Sychuk has been with the company since… Read more
Marcus Partners Adds D’Arcy Industrial Center to DC Metro Industrial Portfolio
Boston-based Marcus Partners has acquired the two-building D’Arcy Industrial Center in District Heights, MD. At the time of acquisition, the… Read more
Mission-Driven Crowdfunding Platform Small Change Backs Five Projects Nationwide
Pittsburgh-based Small Change, a mission-driven real estate crowdfunding platform, has raised $2.1 million for five projects across the U.S. totaling $54 million… Read more
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