Maryland
Bridge Buys Silver Spring MF for $70M
Spring Parc, a 399-unit apartment community in Silver Spring, MD, has traded hands for $70.25 million. An affiliate of Salt… Read more
Guinness Reopens in the U.S., Minus the Stout
A fair number of “foreign” cars are assembled in the U.S., and there are iconic American consumer products brands that… Read more
Federal Realty Unveils Plans for Santana West in San Jose
Rockville, MD-based Federal Realty plans to develop Santana West, an 850,000-square-foot office campus on the site of a former domed… Read more
Phillips Arranges $62M for Data Center Near Atlanta
Bethesda, MD-based Phillips Realty Capital closed and funded two transactions totaling $62.2 million on behalf of Legacy Investing, LLC. The… Read more
Kendall’s Goose Island Campus to be Repurposed as Office Space
Savills Studley has been hired by Laureate Education to sublease Kendall College’s soon-to-be-vacated Goose Island campus as office space. National… Read more
Secondary Markets Leading Multifamily Rent Growth
Even in the midst of increasing multifamily supply, rent growth continues increasing, mainly buoyed by economic growth. And, according to… Read more
Baltimore’s Wills Wharf Lands Jellyfish’s U.S. HQ Relocation
Baltimore’s Harbor Point development, the $117-million Wills Wharf, just landed its first tenant, Jellyfish, a London-based digital marketing agency. The… Read more
Broadtree Acquires $138M MF Portfolio via UPREIT Transaction
Rochester, NY-based Broadtree Residential, Inc. acquired three Class A multifamily apartment communities from affiliates of Owings Mills, MD-based Chesapeake Realty… Read more
Adler Acquires Nine-Building Maryland Portfolio
Adler Real Estate Partners purchased The Columbia portfolio, a group of nine single-story office buildings located in Columbia, MD. The… Read more
BWI Hotel Investment Activity Soars
Record-breaking Baltimore Washington Airport (BWI) passenger growth over the past three years along with strong airport hotel fundamentals is fueling… Read more
Embassy Suites Napa Valley Sold for $102M
Bethesda, MD-based RLJ Lodging Trust sold the 205-room Embassy Suites Napa Valley for $102 million, or roughly $498,000 per key.… Read more
Cordish, Live! Casino & Hotel Debut World’s First Live! Hotel in MD
The Cordish Companies and Live! Casino & Hotel celebrated the grand opening of the flagship Live! Hotel, the first hotel to… Read more
Colony Claims 1.1M-SF Industrial Portfolio in NJ, MD, TX
Dallas-based Colony Industrial acquired a portfolio of properties in Northern NJ, and added new properties in Baltimore, MD and San… Read more
Pantzer Picks Up Maryland MF for $88M
Rolling Hills, a 468-unit apartment community in Germantown, MD, has traded hands for $87.75 million. HFF marketed the property exclusively… Read more
Fisher House: Home Away from Home for Military Families
It began with the first generation of New York-based Fisher Brothers, and continues into the present one. In 1991, 81-year-old… Read more
Ryan Miller Joins NKF to Lead Mid-Atlantic Team
NKF recruited Ryan Miller to serve as EVP and Market Leader, overseeing its Washington, D.C., Virginia and Maryland offices. Miller comes to NKF from CBRE,… Read more
Lockheed Martin Becomes Project Tech First Tenant
Defense contractor Lockheed Martin Corp. signed a 15,000-square-foot lease at Project Tech, Port San Antonio’s first cybersecurity building. The Bethesda,… Read more
Boston Properties, Bernstein Break Ground on $600M Marriott HQ
The Bernstein Companies and joint venture partner Boston Properties marked a key development milestone last week, when they broke ground… Read more
How Many People Made Millions Selling Homes?
Real estate is considered to be a relatively safe bet for investments when compared to the stock market, but how… Read more