Maryland
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
Pebblebrook Hotel Trust to Sell Sofitel Washington DC Hotel
Bethesda-based Pebblebrook Hotel Trust is under contract to sell the 237-room Sofitel Washington DC hotel as well as the 422-room… Read more
Finmarc Sells Metro D.C. Office Campus for $13M
Bethesda-based commercial real estate firm Finmarc Management has sold the Reston Business Campus, a four-building office portfolio in Reston, VA.… Read more
U.S. Multifamily Acquisitions Hit Record Highs
U.S. multifamily acquisitions rose by 4.4% last year to $184 billion, the highest volume since Real Capital Analytics began tracking… Read more
Colorado Claims Top Slot on USGBC’s Top LEED States Ranking
The U.S. Green Building Council (USGBC) unveiled its list of Top 10 States for LEED green building. Colorado took the… Read more
St. John Properties Secures 118K-SF Office Lease Near BWI Airport
St. John Properties has secured a 118,000-square-foot lease with an undisclosed defense contractor at 1500 W. Nursery Rd., a four-story… Read more
Walker & Dunlop, GeoPhy Launch MF Appraisal Company
Bethesda, MD-based Walker & Dunlop and New York City-based GeoPhy have teamed up to launch a new multifamily appraisal company… Read more
Hamilton Zanze Snags Two Metro Baltimore MF Communities
San Francisco-based real estate firm Hamilton Zanze has acquired two multifamily properties in the Baltimore-area community of Columbia, MD. Hamilton… Read more