Maryland
Marriott Furloughs Thousands as Managed Properties Shut Down
Bethesda, MD-based Marriott International Inc., the world’s largest hotel company with nearly 1.4 million keys, has begun to furlough what… Read more
Armada Hoffler Pauses 3 Projects, Pushes Ahead with 2
Armada Hoffler Properties said it would defer its previously announced Charlotte-area Chronicle Mill and Ten Tryon developments, and the Atlanta-area… Read more
Baltimore Logistics Center Trades for $71M
A joint venture between Atapco Properties and Chesapeake Real Estate Group has sold Nottingham Ridge Logistics Center, a 52-acre business… Read more
Modell’s Sporting Goods to Close All Stores, Including Seven in D.C.
Modell’s Sporting Goods, which operates 153 stores between New York, Philadelphia and the D.C. metro areas, has announced plans to… Read more
KLNB Secures 17 Leases for Jersey Mike’s Subs Across DMV
Privately-held commercial real estate brokerage firm KLNB has closed 17 leases for Jersey Mike’s Subs across the DMV region over… Read more
Englewood Renovates Cannabis Dispensary Near Medical District
Englewood Construction launched work on the renovation of a cannabis dispensary facility in Chicago for Custom Strains. Additionally, the commercial… Read more
Slate Retail REIT Acquires Mid-Atlantic Retail Portfolio for $107M
Slate Retail REIT has entered into an agreement to acquire a seven-property, grocery-anchored retail portfolio in the Mid-Atlantic and Southeast… Read more
Feldman Leaves Marcus & Millichap to Start New Firm in D.C.
Commercial Broker Josh Feldman has left Marcus & Millichap to launch a new firm specializing in investment sale properties in… Read more
Metro Baltimore Industrial Facility Trades for $16M
Lee & Associates Maryland has brokered the $15.5 million sale of The James A. Cassidy Building, a 123,000-square-foot warehouse and… Read more
NKF Brokers $4M Sale of Baltimore-Area Industrial Property
NKF has arranged the $4.3 million sale of 9017 Red Branch Road, a 57,272-square-foot industrial property located along the Baltimore-Washington… Read more
Brivo Acquires Smart Building Solutions Firm Parakeet Technologies
Bethesda-based security firm Brivo has acquired Parakeet Technologies, a provider of smart building solutions which include sensors, thermostats, wireless locks… Read more
GBT Realty Continues Capital Improvements at Silver Spring Retail Center
National commercial development and investment company GBT Realty Corp. has announced the completion of its first capital improvement project at… Read more
Signature Properties Acquires Metro D.C. MF Property for $48M
Signature Properties has acquired The South Pointe, a 390-unit multifamily property in Temple Hills, MD. The sales price was $48.3… Read more
Maryland MXU Project Trades for $63M
JLL has arranged the $62.7 million sale of Monument Village, a mixed-use residential and retail property in College Park, MD.… Read more
Fast Absorption of New Industrial Tempers Concerns About Oversupply
Developers completed construction of 289 million square feet of industrial and logistics real estate across the U.S. in 2019, but… Read more
CBRE Hires Hausfeld as Executive VP in D.C.
CBRE has announced the hiring of Joshua Hausfeld as executive vice president focusing on debt and structured finance within its… Read more
ILPT Forms JV on 12-Property Industrial Portfolio
Industrial Logistics Property Trust (ILPT) formed a $680-million joint venture with an Asian institutional investor for a 9.2-million-square-foot portfolio of… Read more
Birtcher Anderson JV Acquires El Monte Industrial for $20M
A joint venture of So Cal’s Birtcher Anderson Realty and Maryland-based Alex Brown Realty has acquired a vacant 160,000-square-foot industrial… Read more
JV Pays $23M for Ownership Rights to Pecan 130 Commerce Center
A joint venture between San Juan Capistrano-based Birtcher Anderson Realty and Alex Brown Realty of Baltimore, MD acquired Pecan 130… Read more