Baltimore Commercial Real Estate News

Broker’s Advice to Office Owners: Consider Disposition or Repositioning Strategy

By Paul Bubny | March 29, 2023 Continuing the trend started in 2022, economists and real estate experts alike see 2023 as “...Read more

Hill Management Services, which focuses on helping newly established small businesses, has assisted The Mindful Collective with a lease at 200 E. Joppa Road in Towson.

Hill Management Services’ Mission to Support Small Businesses Pays Off All Around

By Lisa McDuffie | March 23, 2023 Timonium, MD-based Hill Management Services, a privately owned real estate development company, has...Read more

Element Fleet Management Corp. has signed a lease to occupy 64,000 square feet of Class A office space at Metro Centre at Owings Mills in Owings Mills, MD.

Element Fleet Management Takes 64K SF at Metro Centre in Owings Mills

By Lisa McDuffie | March 15, 2023 Element Fleet Management Corp. has signed a lease to occupy 64,000 square feet of Class A office sp...Read more

MacKenzie Commercial Real Estate Services has executed the sale of two industrial/warehouse buildings in the Baltimore, MD metro for $5.9 million.

MacKenzie Commercial Real Estate Services Completes $6M Sale of Two Baltimore Warehouses

By Lisa McDuffie | March 13, 2023 MacKenzie Commercial Real Estate Services has executed the sale of two industrial/warehouse buildin...Read more

MacKenzie Contracting Company’s 30% Female Workforce Celebrates Women in Construction Week

By Lisa McDuffie | March 03, 2023 Women in Construction WeekMarch 6-13, 2023 According to data compiled by the United States Burea...Read more

Continental Realty Corporation has elevated Kristina O’Keefe to VP, commercial division and promoted Blake Dickinson to VP, anchor and development leasing.

Continental Realty Corporation Offers VP Promotions to Kristina O’Keefe, Blake Dickinson

By Lisa McDuffie | February 27, 2023 Baltimore, MD-based Continental Realty Corporation, a real estate investment and management company...Read more

Continental Realty Corporation has acquired the Sycamore at Tyvola apartment community in Charlotte, NC for $96.3 million.

Continental Realty Corporation Acquires Charlotte Multifamily in $96M Loan-Assumption Deal

By Lisa McDuffie | February 17, 2023 Baltimore, MD-based Continental Realty Corporation has acquired Sycamore at Tyvola, a 288-unit mult...Read more

Sandra King has been promoted to assistant director of property management-commercial division at Continental Realty Corporation in Baltimore, MD.

Sandra King Climbs the Property Management Ladder at Continental Realty Corporation

By Lisa McDuffie | February 16, 2023 Baltimore, MD-based Continental Realty Corporation, a real estate investment and management company...Read more

Metro Cleaners has sold its 1940s-vintage, 27,560-square-foot industrial property at 2728 Loch Raven Boulevard in Baltimore, MD for $1.5 million.

Metro Cleaners Wipes 1940s Baltimore Warehouse Off the Books for $2M

By Lisa McDuffie | February 14, 2023 Metro Cleaners, a dry-cleaning and laundry operation, has sold its 27,560-square-foot industrial pr...Read more

Ari Azarbarzin has joined the Baltimore office of Northmarq as SVP and will lead a new multifamily investment sales team.

Northmarq Welcomes Ari Azarbarzin from Cushman & Wakefield

By Lisa McDuffie | February 13, 2023 Northmarq has added Ari Azarbarzin to its Baltimore, MD office as SVP. Azarbarzin will lead a new m...Read more

Brennan Investment Group has acquired 15.82 acres of vacant land along Solley Road in Glen Burnie, MD to construct an 80,275-square-foot distribution building.

Brennan Investment Group to Deliver 80K-SF Industrial Building on 16 Acres in Glen Burnie

By Lisa McDuffie | February 07, 2023 Chicago, IL-based Brennan Investment Group has acquired 15.82 acres of vacant land along Solley Roa...Read more

Whitehouse & Schapiro, LLC has acquired 1201 67th Street, a single-story, 80,000-square-foot warehouse in Rosedale, MD for $6.6 million.

Whitehouse & Schapiro Buys $7M Baltimore Warehouse for Charitable Textile Efforts

By Lisa McDuffie | February 06, 2023 Whitehouse & Schapiro, LLC, a company engaged in the secondhand textile recycling industry, has...Read more

ARLS Properties, LLC has begun construction on Bel Air Village, a community located Bel Air, MD that will consist of office, retail and residential components.

ARLS Properties Moves Dirt on 35-Acre Mixed-Use Development in Bel Air

By Lisa McDuffie | February 01, 2023 Baltimore, MD-based commercial real estate firm ARLS Properties, LLC has begun construction on Bel ...Read more

Klein Enterprises has completed the redevelopment of the Valley Plaza shopping center in Hagerstown, MD and signed the state’s first Boot Barn as a new tenant.

Redevelopment of Hagerstown Retail Center Lures Maryland’s First Boot Barn

By Lisa McDuffie | January 27, 2023 Klein Enterprises, a vertically integrated investor, developer and operator of diversified real est...Read more

St. John Properties, Inc. has acquired Aviation Business Park, a three-building portfolio in Glen Burnie, MD, for $13.3 million

St. John Properties Buys Three-Building Aviation Business Park Next to BWI for $13M

By Lisa McDuffie | January 20, 2023 Baltimore, MD-based St. John Properties, Inc. has acquired Aviation Business Park, a three-building...Read more

Fairfield Residential has secured $100 million to support renovations at the Villages at Marley Station apartments in Glen Burnie, MD.

Fairfield Residential Locks In $100M for Renovations to Glen Burnie Community

By Lisa McDuffie | January 18, 2023 KeyBank Community Development Lending and Investment has provided a $100-million bridge loan to San...Read more

Sandy DeFelice and Leslie Duchene have been named FHA platform manager and managing director/FHA chief underwriter, respectively, at M&T Realty Capital Corporation.

M&T Realty Capital Corporation Appoints Sandy DeFelice, Leslie Duchene to Key FHA Roles

By Lisa McDuffie | January 12, 2023 Baltimore, MD-based M&T Realty Capital Corporation has named Sandy DeFelice as FHA platform man...Read more

CSX Transportation has purchased a 3.6-acre industrial parcel located at 1920 Benhill Avenue in Baltimore for $1.9 million.

CSX Transportation Buys $2M 3.6-Acre Parcel Adjacent to Baltimore Operations

By Lisa McDuffie | January 11, 2023 CSX Transportation has purchased a 3.6-acre parcel located at 1920 Benhill Avenue in the Curtis Bay...Read more

Mike Jones has been promoted to project manager and Ellen Quinn to manager of administration in St. John Properties’ in-house interior construction division.

St. John Properties Issues Interior Construction Division Promotions to Mike Jones, Ellen Quinn

By Lisa McDuffie | January 05, 2023 Windsor Mill, MD-based commercial real estate firm St. John Properties, Inc., has promoted Mike Jon...Read more

Seawall Development has acquired a 3.5-acre industrial outdoor storage site at 2600 Sisson Street in Baltimore for $5 million.

Seawall Development Spends $5M for 3.5 Acres of Outdoor Storage Land in Baltimore

By Lisa McDuffie | January 04, 2023 Baltimore, MD-based Seawall Development has acquired a 3.5-acre industrial outdoor storage site at ...Read more

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