Home » Cities »  (Page 11)

Baltimore


Home Properties pays $90.4M In Cash for Apartment Community

Home Properties pays $90.4M In Cash for Apartment Community

By Adrian Maties, Associate Editor With the BRAC process finished in Baltimore, some companies are looking to take advantage of the wave of new jobs coming to the state. Home Properties Inc. (NYSE: HME)  has recently aquired a White Marsh apartment [...]…

Continue reading →

Under Armour Inc. Plans Expansion in Locust Point

Under Armour Inc. Plans Expansion in Locust Point

By Adrian Maties, Associate Editor Just months after it bought its Tide Point headquarters for $58 million, Under Armour Inc., the South Baltimore sportswear maker, wants to double the size of the Locust Point complex. It plans to add 400,000 square [...]…

Continue reading →

BRAC Provides Economic Growth

BRAC Provides Economic Growth

By Adrian Maties, Associate Editor The Maryland Base Realignment and Closure (BRAC) process is officially over. The $4 billion complexes at Aberdeen, Fort Meade, Fort Detrick in Frederick, Walter Reed National Military Medical Center in Bethesda and Joint Base Andrews in [...]…

Continue reading →

Baltimore Approves Main Street Redevelopment Projects

Baltimore Approves Main Street Redevelopment Projects

By Adrian Maties, Associate Editor The Baltimore Development Corporation (BDC) announced on August 31 that it has obtained the approval of Baltimore’s Board of Estimates for two deals that will each bring a new development project to the Main Street communities [...]…

Continue reading →

Greater Baltimore’s Industrial Real Estate Market in High Gear

Greater Baltimore’s Industrial Real Estate Market in High Gear

By Adrian Maties, Associate Editor It has been a busy year for industrial sales and leasing in Greater Baltimore. Tenants took more than 600,000 square feet of flex or industrial space in the second quarter, bringing the region’s vacancy rate down [...]…

Continue reading →

State to replace Canton Viaduct

State to replace Canton Viaduct

By Adrian Maties, Associate Editor The Maryland Transportation Authority (MdTA) plans to replace the heavily deteriorated Canton Viaduct, a mid-1950s elevated roadway. Although the MdTA has at least a half-dozen projects under way at the Harbor Tunnel, Fort McHenry Tunnel and [...]…

Continue reading →

Exelon and Constellation Looking at 17 Sites for New Baltimore HQs

Exelon and Constellation Looking at 17 Sites for New Baltimore HQs

By Adrian Maties, Associate Editor Exelon Corp. and Constellation Energy Group Inc. are looking at a list of 17 potential sites for Constellation’s new headquarters in downtown Baltimore. Constellation Energy Group Inc. agreed earlier this year to merge with Chicago’s Exelon Corp. [...]…

Continue reading →

$30M Baltimore TOD Project Breaks Ground

$30M Baltimore TOD Project Breaks Ground

By Adrian Maties, Associate Editor After 20 years on the drawing board, held up by problems like cost or the economy, the Owings Mills Metro Centre finally broke ground last Thursday, July 28.  A six-story, transit-oriented town center will house the [...]…

Continue reading →

Harbor Group Acquires $190 Million Portfolio in Baltimore

Harbor Group Acquires $190 Million Portfolio in Baltimore

By Adrian Maties, Associate Editor Harbor Group International(”HGI”), LLC has paid $190 million for a six-property multifamily portfolio located in Baltimore, Maryland. The seller is an affiliate of Sawyer Realty Holdings, LLC. In a time when people would rather rent than buy, [...]…

Continue reading →

Baltimore’s Inner Harbor to Get New Tenant; Phillips Seafood to Get New Home

Baltimore’s Inner Harbor to Get New Tenant; Phillips Seafood to Get New Home

By Adrian Maties, Associate Editor Phillips Seafood announced last week that it will open a 500-seat restaurant by early October at the Inner Harbor’s Power Plant, in space left vacant last summer by ESPN Zone. By September 30, the restaurant in [...]…

Continue reading →

Telford Aviation Moving to the Aberdeen Proving Ground

Telford Aviation Moving to the Aberdeen Proving Ground

By Adrian Maties, Associate Editor Defense contractor Telford Aviation, Inc., a division of ACC Holding, Inc., has leased 11,160 feet of space at The Government and Technology Enterprise (The GATE), a state-of-the-art office and technology business park for lease to government [...]…

Continue reading →

The Ups and Downs of Baltimore’s Superblock

The Ups and Downs of Baltimore’s Superblock

By Adrian Maties, Associate Editor Baltimore’s spending board has approved a six-month extension for Lexington Square Partners LLC to buy the site of Baltimore’s “superblock.” This exclusive negotiation deal with the city was first extended last December and was supposed to [...]…

Continue reading →