Maryland
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
Baltimore MXU Project Lands F45 Fitness Concept
Baltimore-area mixed-use project Marketplace at Fells Point has inked a 2,500-square-foot lease with F45 Training, a boutique fitness retail concept.… Read more
Carlyle Development Snags Baltimore Shopping Center for $20M
Carlyle Development Group has acquired Mount Clare Junction, a 234,036-square-foot grocery-anchored retail center in Baltimore. The sales price was reported… Read more
CIM Group Acquires Baltimore Office Building for $40M
CCIT II, a publicly-registered non-listed real estate investment trust sponsored by affiliates of CIM Group, has acquired a 132,207-square-foot office… Read more
JV Secures 110K-SF of Leases at Logistics Center Near Baltimore
A joint venture partnership between Atapco Properties Inc. and Chesapeake Real Estate Group has secured two leases totaling 110,000 square… Read more
Opportunity Zone Investor RevOZ Names Advisory Board
Opportunity Zone investor RevOZ has enlisted an Advisory Board to offer strategic counsel to the principals of the company, as… Read more
Net-Leased IN Starbucks Sells in 1031 Deal
JLL Capital Markets closed the $1.7-million sale of a 2,100-square-foot, newly constructed, single-tenant retail building net-leased to Starbucks in the Chicago-area… Read more
Sears Closing Three More Maryland Stores
Embattled retailer Sears has announced plans to close three more stores in White Marsh, Annapolis and Waldorf, MD. Liquidation sales… Read more
HKS Secures $28M Refinancing for College Park Student Housing Property
HKS Real Estate Advisors has secured a $27.5-million loan to refinance the Enclave, a seven-story, 94-unit student housing property in… Read more
Plan for Redevelopment of Maryland’s Beltway Plaza Mall Moves Forward
Mall owner Quantum Cos. is moving forward with plans to redevelop the Beltway Plaza Mall in Greenbelt, MD. into a… Read more
Blue Ocean Snags 144-Unit Baltimore-Area MF Community
Maryland-based real estate firm Blue Ocean has acquired The River Front Apartments in Savage, MD. The 144-unit waterfront community is… Read more
Skanska Promotes Webb to VP in Rockville
Global construction and development firm Skanska has promoted Apryl Webb to vice president of preconstruction for building operations in Rockville,… Read more
Indoor Farming and Qualified Opportunity Funds
Qualified Opportunity Funds have been set up to fund Qualified Opportunity Zones and Qualified Opportunity Zone Businesses. One such QOF,… Read more
Kroger, Ocado to Develop 350K-SF Fulfilment Center in Maryland
Grocery chain Kroger and online grocer Ocado have announced plans to develop a 350,000-square-foot customer fulfillment center in Frederick, MD.… Read more