Maryland
Triple-Net Portfolio Sells to Family Trust
Coldwell Banker Commercial’s Faraz Cheema represented the buyer in the acquisition of three fully- leased commercial properties across Maryland. The properties collectively sold for $18.95… Read more
E-Commerce Tenant Pays $91M for Baltimore Portfolio
Cushman & Wakefield completed the $90,500,000 sale of Techwood Business Center, a six-building, 648,173-square-foot portfolio within the Baltimore Commons Business… Read more
Berkadia Lines Up Nearly $200M in Refi, Acquisition Debt
Berkadia recently completed deals totaling nearly $195 million for five multifamily properties, including four in the Washington, D.C. metro area. A… Read more
Holland Properties Breaks Ground on MXU in Columbia, MD
Holland Properties broke ground Monday on Lakeside Center in Columbia, MD. The center will offer 85,000 square feet of new development, including… Read more
Global Medical REIT Acquires MOB in Northern VA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of Dumfries Health Center, a 99,718-square-foot medical office building in Dumfries,… Read more
Nordstrom Permanently Closing 16 Full-Line Stores in Nine States
Seattle-based Nordstrom, Inc. outlined plans to increase flexibility and agility in serving customers and position the business for the long-term… Read more
Baltimore-D.C. Corridor Sees Its Largest Single-Asset Industrial Deal
The Mid-Atlantic Commerce Center, an 853,520-square-foot Class A industrial building at 7600 Assateague Dr. in Jessup, MD, has traded to… Read more
JBG Smith Positioned to Weather “Prolonged Recession”
JBG Smith Properties CEO Matt Kelly said the Bethesda, MD-based REIT is in a strong positi0n coming into the pandemic-driven downturn, thanks to… Read more
Transwestern Brokers Value-Add Deal in Langley Park
Transwestern Real Estate Services brokered the sale of Villas at Langley, a 590-unit, value-add investment property in Hyattsville, MD’s Langley… Read more
Edge Hires Senior Director for Northern VA Capital Markets
Edge has hired Cristine Kleine as senior director with the capital markets group. Previously a director for Metropolis Capital Advisors,… Read more
Federal Realty Launches Contactless Exchange for Retailers
Ahead of a phased re-opening for shopping center tenants in the coming weeks, Federal Realty Investment Trust (NYSE: FRT) is launching The Pick-Up, a… Read more
Builders on Maryland’s $2B Light Rail Project Plan to Quit
Purple Line Transit Constructors (PLTC), the group building Maryland’s $2-billion Purple Line light rail project through Prince George’s County, said… Read more
Lidl Signs Up for Third Baltimore Location
Lidl US has selected Padonia Village Shopping Center in the Timonium section of Baltimore County as the site of its… Read more
WPC Breaks Ground on Silver Spring’s Tallest Tower
Washington Property Company (WPC) has broken ground for Solaire 8200 Dixon, a 403-unit, 26-story apartment tower in the heart of… Read more
Greystar’s U. of Maryland Project Nears Approval
Prince George’s County is nearing approval of Greystar’s proposed 343-unit apartment building in College Park, immediately adjacent to the University… Read more
When Office Doors Finally Reopen, What Can We Expect to Find?
By Paul Bubny The commercial real estate industry has been collectively working overtime in preparation for the day restrictions are… Read more
Small-Bay Warehouse Sells in 1031 Deal
Edge brokered the sale of 12300 Carroll Ave., a 22,000-square-foot warehouse building in Rockville, within Maryland’s Montgomery County. The property,… Read more
Rubenstein Partners with cove on Workplace Experience
Rubenstein Partners has formed a partnership with cove, a D.C.-based company provider of flexible workspace. This partnership will include an… Read more
Wade Judge Joins Realterm as Vice Chairman
Realterm, a private equity real estate firm headquartered in Annapolis, MD, appointed Wade Judge as vice chairman. He joins Realterm after… Read more